Crisil downgrades Vedanta’s long-term rating; here’s how stock reacted
Vedanta’s long-term rating downgraded to 'CRISIL AA-' and revised to 'Watch with Developing Implications'; short-term rating placed on 'Watch Developing'.
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Vedanta sets up new copper unit in Saudi Arabia; stock down 2%
Malco Energy, a wholly owned subsidiary of Vedanta, has incorporated a new unit in Saudi Arabia to manufacture copper rod.
Vedanta shares slide after Ind-Ra downgrades rating
Ind-Ra has downgraded Vedanta’s long-term issuer rating to ‘IND AA-’from ‘IND AA’, while placing it on rating watch with negative implications.
Vedanta shares extend rally on demerger plan; surge 12% in 2 sessions
Billionaire Anil Agarwal-led firm to demerge its diversified business into six separate listed companies, which will unlock value for its shareholders
Vedanta announces demerger of business into 6 listed companies
Mining major says demerger to simplify its "corporate structure" and provide opportunities to global investors to directly infuse funds in these pure-play firms
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.
