Vedanta declares 5th interim dividend of ₹20.5; stock rises 1%
With the fifth dividend, Vedanta’s total outgo for the current fiscal will be ₹101.5 per share, which amount to ₹37,730 crore, the highest ever by the company.
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Vedanta repays $100-mn loan to Standard Chartered Bank
Vedanta recently assured investors that it has a "tremendous asset" base, which delivers high cash flows. With current loan repayment, encumbrance has been released, says Vedanta
Vedanta shares plunge 9%; here’s why
The market capitalisation of the Anil Agarwal-led company slipped below ₹1 lakh crore marks amid continued fall in Vedanta shares for the last eight sessions.
Vedanta-Foxconn to set up India’s 1st chip manufacturing facility in Dholera: Key things to know
The development comes months after both companies, through a joint venture, proposed to set up a chip manufacturing facility in the state with an investment of ₹1.54 lakh crore.
Vedanta to sell South Africa, Namibia mining units to Hindustan Zinc; stock surges
The company’s board approved the sale of the Zinc International business held by THL Zinc Ventures Ltd (THLZV), which is a wholly-owned subsidiary of Vedanta.
Vedanta shares drop 4% as Q2 profit halves; fall 38% in 6 months
Anil Agarwal-led mining company has reported a 60.8% YoY decline in consolidated net profit at ₹1,808 crore for Q2 FY23, weighed down by lower commodity prices and rise in operating expenses
Vedanta profit declines 61% in September quarter
The company’s revenue from operations surged 20.5% at ₹36,237 crore in the September quarter, as compared to ₹30,048 in the same period last year.
India Inc pumps investments in electronics mfg as China dominance fades
Vedanta joined hands with Taiwanese manufacturing giant Foxconn to manufacture semiconductors with $19.5 billion investment.
Sensex, Nifty to open flat; ACC, Ambuja, Adani Power, M&M, Paytm, Vedanta shares in focus
The Sensex and Nifty are poised to open flat to higher on Monday, tracking mixed cues from Asian peers as investors prepare for a rate hike from the U.S. Fed.
Vedanta halts 6 sessions rally on clarification on semiconductor mfg; falls 9%
Vedanta has clarified that the proposed business of manufacturing semiconductors will be undertaken by its holding company, Volcan Investments.
