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.
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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.
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.
Vedanta board approves plan to raise ₹2,100 crore by issuing NCDs
The NCDs will be issued on a private placement basis, says Vedanta
Vedanta gains 2% as stock turns ex-dividend; here’s how much shareholders will get
The mining company declared fifth interim dividend of ₹20.50 per equity share for the financial year ended March 31, amounting to ₹7,621 crore.
Crisil revises Vedanta outlook to 'negative' citing large dividend payout
The dividend payout by Vedanta for fiscal 2023 will be more than ₹40,000 crore, including the recent dividend announced by Hindustan Zinc, says Crisil.
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 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
Vedanta-Foxconn picks Gujarat for ₹1.54 lakh cr chip plant
India's journey from chip taker to chip maker has officially begun, says Vedanta chairman Anil Agarwal. The JV project will generate around 1 lakh direct jobs.
