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 company
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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.
Vedanta stock rallies on Maha iPhone hub plans
Tatas, too, in talks with Taiwanese electronics giant Wistron to make Apple iPhones. Developments could pave way for large-scale electronics manufacturing in India
Sensex, Nifty to open in green; RIL, NDTV, JSW Steel, TCS, Vedanta, HDFC Life shares eyed
The Sensex and Nifty are poised to rise, in line with global peers and strong trends on SGX Nifty futures.
Sensex, Nifty to open higher on F&O expiry day; Dr. Reddy's, Vedanta, Nestle, Tata Motors shares eyed
The Sensex and Nifty are headed for a strong opening on Thursday, following strong cues from Asian peers and strong finish at Wall Street overnight.
Sensex, Nifty to open higher; HUL, Wipro, Vedanta, IndusInd Bank, Ceat, Grasim shares eyed
The Sensex and Nifty are headed for a strong opening on Wednesday, following a rally in Asia and positive closing on Wall Street overnight as robust earnings eased rate hike concerns.
