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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 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
7 mins read
The Adani effect: Ambuja Cements rallies 40% in one month – analysts suggest good days ahead for the cement industry
Gautam Adani’s acquisition of Ambuja Cements and ACC from Holcim has sent the stocks of both the co…
4 mins read
Billionaire Anil Agarwal’s Vedanta shares just added about $400 million to the family kitty after the decision to delist the company
Anil Agarwal has lost more than half his wealth in last nine years. However, his decision to deli…
2 mins read
BPCL valuation high, evaluating bid: Anil Agarwal
"There are lot of synergies BPCL has with our business. I am the largest private oil producer in t…
PTI
1 min read
Vedanta will continue on the stock exchange — delisting offer fails due to insufficient shares coming back
Anil Agarwal's Vedanta Limited announced on Saturday that its delisting offer had failed due to the…
1 min read
Anil Agarwal for the 1st time takes board position on Vedanta Ltd
Ethnically a marwari from Patna, Agarwal came down to Mumbai as a scrap dealer in 1976 and went on …
PTI
2 mins read
Light at end of tunnel, Indian economy will bounce back, says Anil Agarwal
Agarwal said India has tremendous resources of gold, copper, oil and other minerals and they shoul…
PTI
1 min read
Tata Sons chairman pitches for coal exchange; Vedanta's Anil Agarwal advocates 'self certification'
Speaking during the launch of auction of coal mines for commercial mining here, Chandrasekaran sai…
PTI
1 min read
Commercial coal mining for pvt sector to cut import dependency: Anil Agarwal
New Delhi, Dec 19 () Mining baron Anil Agarwal on Friday said commercial coal mining for the privat…
PTI
4 mins read
Vedanta shareholders aren't thrilled— stock slides after Board approved delisting at ₹87.5 a piece
The shares of Vedanta Resources fell nearly a percent and a half on Tuesday morning (May 19) after …
2 mins read
Cairn Energy CEO meets Indian finance secretary as shareholders impatiently wait for action on the $1.4 billion tax dispute
Days after filing cases in the US, the UK and the Netherlands courts to get $1.4 billion in a tax d…
4 mins read
India will have to pay Cairn $1.2 billion ending one of the biggest tax disputes of the decade— but the tax department may not have given up yet
At the start of the decade, the Indian government had a claim of ₹24,500 crore (over $2 billion at …
1 min read
Here’s how R Damani’s pipped Anil Ambani, Rahul Bajaj on the billionaire list
Avenue Supermarts broke the ceiling as its issue price touched 111%, pegging the market-cap of the …
1 min read
Cairn India looks forward to invest Rs 30,000 crore to add 1 lakh bpd of oil
Agarwal added that the merger of Cairn India with Vedanta Ltd will be completed by March-end. "We a…
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 Group's Anil Agarwal to set up India's first LCD panel plant
Twinstar Display will invest $10 billion in five phases, and expected to begin production by 2018, …
5 mins read
Star power: Indian billionaires with Pisces zodiac sign had a good run last year
The stars have to align for entrepreneurs to become billionaires, they say. As of 2023, those wit…
3 mins read
India's slow progress in becoming a chipmaking powerhouse to rival China is bad news for Apple
Apple has long depended on China for iPhone manufacturing, but growing issues there alongside stop-…
Hasan Chowdhury
1 min read
Vedanta appoints Omar Davis as its President-Strategy
Anil Agarwal-led Vedanta on Thursday announced the appointment of Omar Davis as its President-Strat…