Vedanta shares rise 2% after hitting 52-week low in previous session: here’s why
Vedanta plans to restructure its businesses such as aluminum, iron & steel, and oil & gas into separate listed entities, which could help its parent company manage its debt load.
Vedanta shares hit 52-week low after Moody’s downgrades ratings
On Wednesday, the share price of the metals-to-oil major plunged as much as 6.2% to hit a 52-week low of ₹210.
Vedanta to raise up to ₹2,500 cr via NCDs; stock hits fresh 52-week low
The committee of directors of Vedanta on Thursday approved raising up to ₹2,500 crore through the issuance of NCDs in one or more tranches.
Vedanta rebounds from 52-week low on buzz to acquire African copper biz from parent
The stock price got a boost as Anil Agarwal plans to transfer Zambia’s Konkola Copper Mines from his group’s holding company Vedanta Resources to Vedanta.
Semicon India 2023: AMD to invest $400 million in five years
The investment includes AMD's new campus in Bengaluru which will serve as AMD's largest R&D facility in the world.
Vedanta awaits Centre’s nod on modified chip scheme: CEO
Vedanta Semiconductors CEO Hebbar says the firm has engaged with over 100 global suppliers, ancillary industries to form chip & display ecosystem
Foxconn vows to support ‘Make In India’ as JV with Vedanta collapses
Foxconn says will soon submit application to govt’s “Modified Programme for Semiconductors and Display Fab Ecosystem”; Vedanta to line up other partners to set up India’s first foundry
‘No changes in India's chip goals’: Govt as Foxconn-Vedanta JV falls through
Union minister Rajeev Chandrasekhar says Centre will allow both companies to independently pursue strategies for semiconductors
Foxconn pulls out of ₹1.54-lakh cr JV with Vedanta
Vedanta in Feb had tied up with Foxconn to make chips; had selected Dholera SIR, Gujarat, for setting up India’s first semiconductor-making facility
Vedanta shares rise 2%; here’s why
For the first time, Hindustan Zinc has paid a royalty of 1.7% of the annual revenue to Vedanta, which will be used by parent, Vedanta Resources, to pare some of its debt.