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Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins

Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…

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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…

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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…

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Vedanta plans to invest $20 bn in India in 4 years; will sell steel biz only at right price: Agarwal

"At the moment, we have a plan to invest USD 20 billion across sectors in four years time," Aga…

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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…

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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…

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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…

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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 …

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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…

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Anil Agarwal makes 'zero debt' pledge, says 'very comfortable' servicing debt

Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt re…

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Vedanta board approves Rs 7,621 crore interim dividend for FY23; CFO resigns

Vedanta Ltd on Tuesday said its board has approved an interim dividend of Rs 7,621 crore for the cu…

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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…

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Hindustan Zinc board approves dividend of Rs 2,535.19 crore

The interim dividend will be paid within stipulated timelines, it said. The company had an…

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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…

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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 …

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Vedanta reports 61% y-o-y decline in Q2 net profit to ₹1,808 crore

Indian multinational mining company Vedanta reported a 61% YoY decline in consolidated net profit t…

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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…

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4 mins read

Sensex, Nifty50 edge lower amid negative global cues: Realty, metal and auto stocks decline

Indian benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Friday amid negat…

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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…

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5 mins read

Anil Agarwal – how a Bihar boy who knew only ‘yes’ and ‘no’ went onto list the first Indian company on London Stock Exchange

Metal and mining magnate Anil Agarwal has announced investments of ₹1.8 lakh crore in the past one …