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2 mins read
S&P downgrades Vedanta Resources to 'selective default' after debt extension
S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to 'selective default' after the…
PTI
1 min read
Vedanta's Q3 profit drops 18% on higher finance, raw material cost
Mining conglomerate Vedanta Ltd on Thursday reported an 18.3 per cent drop in consolidated net prof…
PTI
2 mins read
Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion
Vedanta's gross debt as of today stands at USD 6.4 billion, down from USD 6.8 billion at the end of…
PTI
1 min read
Vedanta Resources cuts gross debt by USD 1 billion
The firm's gross debt now stands at USD 6.8 billion, down from USD 7.8 billion at the end of March …
PTI
2 mins read
Vedanta Resources repays USD 250 million in loans
Mining mogul Anil Agarwal-led Vedanta Resources Ltd (VRL) has repaid USD 250 million in loans that …
PTI
1 min read
Vedanta announces third dividend of Rs 17.50 per share
Mining giant Vedanta on Monday announced the third interim dividend of Rs 17.50 per equity share fo…
PTI
3 mins read
Vedanta cuts debt by $2 billion ahead of target to soothe investor concerns
After repayments and borrowings, it has about USD 7.7 billion outstanding, of which USD 3 billi…
PTI
1 min read
Vedanta Q3 net profit drops 41% on higher input costs
Vedanta Ltd on Friday reported a 40.8 per cent drop in consolidated net profit to Rs 2,464 crore fo…
PTI
3 mins read
Nick Walker is new CEO of Vedanta Cairn Oil and Gas
Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…
PTI
1 min read
Semiconductor business not to 'short circuit' Vedanta Resources credit profile: S&P Global Ratings
Any potential credit impact of the planned investments in the semiconductor business will de…
2 mins read
Smartphone's camera, flash can measure blood oxygen up to 70% at home
When the team delivered a controlled mixture of nitrogen and oxygen to six subjects to artific…
3 mins read
SC rejects Vedanta's interim plea to inspect, operate closed Sterlite copper unit at Tuticorin
Vedanta had sought handing over of the plant for three months saying it requires two months to s…
PTI
2 mins read
Moody's downgrades Vedanta Resources' corporate family rating
The company has USD 1.9 billion of debt maturing at the holding company, which comprises the USD 67…
PTI
2 mins read
After buying out the bankrupt Electrosteel, Vedanta is spending billions on a new steel plant in the Indian state of Jharkhand
The move is part of Vedanta’s integration of its newly-acquired steel company. Electrosteel …
2 mins read
Cairn Energy files claim for $5.6 billion compensation from India over tax demand
The total compensation sought is equal to the tax demand raised and the value of Cairn Energy's 9.8…
3 mins read
Anil Agarwal, Vedanta Group's owner, chooses professional managers over kin for top posts
The founder of the $12.9 billion Vedanta group wants to appoint professional managers rather than k…
1 min read
Vedanta gets nod to raise up to Rs 3,400 crore via NCDs
Mining conglomerate Vedanta Ltd on Tuesday said a committee of directors formed by the company's bo…
PTI
2 mins read
Vedanta has $3 billion debt servicing obligations this fiscal: S&P
Billionaire Anil Agarwal's Vedanta Resources Ltd has debt servicing obligations of about USD 3 bill…
PTI
2 mins read
Vedanta says talks of stake sale 'untrue and baseless'
Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and basel…
PTI
1 min read
Centre's fiscal deficit for 2022-23 at 6.4% of GDP: CGA data
The fiscal deficit for 2022-23 worked out to be 6.4 per cent of the gross domestic product (GDP), a…