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.
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September 2023
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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.
Why are Vedanta, ITC shares trading higher today
Shares of Vedanta and ITC are trading ex-dividend today; both companies have set May 30 as record date for dividend payout
