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
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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 board approves plan to raise ₹2,100 crore by issuing NCDs
The NCDs will be issued on a private placement basis, says Vedanta
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 Q3 profit tanks 42% to ₹3,092 cr
Vedanta board approves the fourth interim dividend of ₹12.50 per equity share for FY23 amounting to ₹4,647 crore.
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.
Vedanta Q1 profit surges 6% to ₹5,592 cr; revenue up 36%
Vedanta's gross debt, however, increases by ₹8,031 crore during Q1 to ₹61,140 crore. The mining giant’s dividend payout in Q1 stands at 15.4%
