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  • SC to hear Vedanta’s plea to carry out maintenance work at the Tuticorin Sterlite Plant on April 10 March 28, 2023 11:25 AM IST

    SC to hear Vedanta’s plea to carry out maintenance work at the Tuticorin Sterlite Plant on April 10

    Sterlite's lawyer notes that the copper plant is getting junked due to prolonged closure

  • Anil Agarwal fights to clear Vedanta’s debt March 26, 2023 05:55 PM IST

    Anil Agarwal fights to clear Vedanta’s debt

    The mining tycoon’s Vedanta Resources has close to $2 billion of bonds to settle in 2024 — half of which is due in January.

  • Vedanta opens strong on possibility of strategic sale, but goes flat March 24, 2023 10:55 AM IST

    Vedanta opens strong on possibility of strategic sale, but goes flat

    The stock was down over 20% in February while so far in March after huge volatility it is up just 2.6%.

  • Hindenburg's next victim, Accenture results, Vedanta in focus | Market Minutes March 24, 2023 08:06 AM IST

    Hindenburg's next victim, Accenture results, Vedanta in focus | Market Minutes

    In this episode of Market Minutes, Shailaja Mohapatra talks about Hindenburg's latest victim - Block, Accenture's earnings impact on Indian IT services firms, Vedanta's dividend plans and what it means for the holding company, and a likely block deal in Campus Activewear. Also catch Sameer Shah of Godrej Consumer Products share his views on growth initiatives, margin trajectory and El Nino impact. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.

  • Vedanta board to discuss a fifth interim dividend for this year today March 28, 2023 06:26 AM IST

    Vedanta board to discuss a fifth interim dividend for this year today

    Meanwhile shares of Vedanta on Thursday (March 23) closed 4.87 percent lower at Rs 271.35 apiece

  • Gainers & Losers: 10 stocks that moved the most on March 23 March 23, 2023 04:19 PM IST

    Gainers & Losers: 10 stocks that moved the most on March 23

    The market snaps a two-day winning streak as 1,424 shares advance, 19,89 decline and 125 shares remain unchanged

  • Anil Agarwal said to weigh Vedanta stake sale as last-resort option March 23, 2023 10:50 AM IST

    Anil Agarwal said to weigh Vedanta stake sale as last-resort option

    Vedanta’s shares have fallen about 32% in the last 12 months, giving it a market value of about $12.6 billion. A 5% stake is worth about $630 million.

  • Anil Agarwal denies any intention to sell stake in Vedanta March 23, 2023 11:40 AM IST

    Anil Agarwal denies any intention to sell stake in Vedanta

    During Thursday's early trading session, Vedanta's shares dropped by up to 6% on the BSE.

  • Cairn Oil & Gas plans two-thirds of capital spend on near-term development opportunities: CEO Nick Walker March 20, 2023 03:49 PM IST

    Cairn Oil & Gas plans two-thirds of capital spend on near-term development opportunities: CEO Nick Walker

    The company aims to double its share in India's domestic oil production to 50 percent and hopes that the Indian government will reconsider the windfall tax on oil.

  • Vedanta Resources repays $250 million in loans March 16, 2023 04:25 PM IST

    Vedanta Resources repays $250 million in loans

    The company had earlier said it has enough means to meet debt repayment liabilities in the coming quarters as it looked to assuage investor concerns around its financial position.

  • Vedanta appoints Omar Davis as its President-Strategy March 16, 2023 01:44 PM IST

    Vedanta appoints Omar Davis as its President-Strategy

    Omar Davis will work closely with Vedanta chairman Agarwal to lead the Group's strategic initiatives and will be based out of the group's London office.

  • Vedanta plans to raise up to $1 billion from credit funds March 16, 2023 12:03 PM IST

    Vedanta plans to raise up to $1 billion from credit funds

    As the credit market tightens, banks are talking tough about a $1-billion loan to the mines and minerals giant, a report has said. To lower the asking rate, THL Zinc Ventures, a subsidiary of Vedanta Ltd, is negotiating with a clutch of global lenders

  • Vedanta repays $100 million to Standard Chartered Bank March 15, 2023 01:53 PM IST

    Vedanta repays $100 million to Standard Chartered Bank

    Vedanta Resources Ltd has earlier said it has enough means to meet debt repayment liabilities in the coming quarters as it looked to assuage investor concerns around its financial position.

  • Hindustan Zinc, Vedanta shares gain despite delay in stake sale March 13, 2023 09:44 AM IST

    Hindustan Zinc, Vedanta shares gain despite delay in stake sale

    The Indian government may put a plan to sell part of its stake in Hindustan Zinc on hold unless the company calls off the nearly $3 billion cash acquisition of two Vedanta Group subsidiaries, as per a news report.

  • Govt's HZL stake sale only after clarity on proposed global asset transfer; unlikely this fiscal March 12, 2023 12:35 PM IST

    Govt's HZL stake sale only after clarity on proposed global asset transfer; unlikely this fiscal

    The government currently holds a 29.54 per cent stake in HZL, while a 5.54 per cent stake is with public shareholders.

  • Vedanta's Anil Agarwal recollects playing Holi in Bihar with 'very less money in pocket' March 08, 2023 02:26 PM IST

    Vedanta's Anil Agarwal recollects playing Holi in Bihar with 'very less money in pocket'

    Although Anil Agarwal used the example of 'Holika dahan' as a sign of the victory of good over evil, the businessman has been experiencing troubled waters after the Centre opposed Vedanta's deal with Hindustan Zinc (HZL) to sell its international zinc assets.

  • Moneycontrol Selects: Top stories this afternoon March 06, 2023 12:22 PM IST

    Moneycontrol Selects: Top stories this afternoon

    A round-up of top stories on Moneycontrol this afternoon.

  • Vedanta's Anil Agarwal urges Centre to divest remaining stake in HZL, says board has to run company, not govt March 06, 2023 08:33 AM IST

    Vedanta's Anil Agarwal urges Centre to divest remaining stake in HZL, says board has to run company, not govt

    Agarwal said that he wants to double the size of Hindustan Zinc and that the South African assets are profitable one and will help HZL grow robustly.

  • Vedanta in initial loan talks with Barclays, JPMorgan, StanChart March 03, 2023 12:33 PM IST

    Vedanta in initial loan talks with Barclays, JPMorgan, StanChart

    Vedanta last month slashed net debt by $2 billion in the current financial year as it seeks to soothe investor concern over its liquidity

  • Turned positive on autos for reasonable valuations, Motilal Oswal’s Duggad says March 01, 2023 06:16 PM IST

    Turned positive on autos for reasonable valuations, Motilal Oswal’s Duggad says

    Duggad is overweight on the sector given its underperformance in the last five years. He is betting on stocks like Mahindra &Mahindra, Tata Motors and Maruti Suzuki

  • Short Call | F&O warning signs, rate worries, Vedanta and paint stocks March 01, 2023 08:18 AM IST

    Short Call | F&O warning signs, rate worries, Vedanta and paint stocks

    FIIs are now 85 percent net short on Nifty futures, meaning 85 out of 100 open contracts on Nifty futures held by FIIs are a bet on the index heading lower

  • Vedanta says confident of meeting debt repayment liabilities February 28, 2023 09:28 PM IST

    Vedanta says confident of meeting debt repayment liabilities

    In a statement, the firm, which is the majority owner of Mumbai-listed mining and oil and gas company Vedanta Ltd, said it is in the advanced stage of finalization to tie up USD 1.75 billion through a combination of syndicate loan and bilateral bank facilities.

  • Vedanta Resources allays debt worries, confident of meeting all maturities in June quarter March 01, 2023 06:06 AM IST

    Vedanta Resources allays debt worries, confident of meeting all maturities in June quarter

    Vedanta to service its debt obligations through multiple options including refinancing and internal accrual-backed repayments.

  • Stock Market Live: Bears keep a tight grip on market | Vedanta, Lemon Tree & Blue Star in focus February 28, 2023 03:40 PM IST

    Stock Market Live: Bears keep a tight grip on market | Vedanta, Lemon Tree & Blue Star in focus

    Shares continued to slide for eighth day. Sentiments were jittery on earnings downgrades, rising interest rates, FII selling, and weak retail investor interest. Santosh Nair decoded the rout that's plaguing the Indian markets. Vedanta, Lemon Tree, Blue Star & Crompton Greaves Consumer Electricals also on the radar.

  • Vedanta shares decline nearly 9% ahead of $2-billion fundraising February 28, 2023 11:35 AM IST

    Vedanta shares decline nearly 9% ahead of $2-billion fundraising

    S&P Global Ratings has stated in a report that if Vedanta Resources is unable to advance either the $2 billion fundraising exercise or the sale of its international zinc assets to Hindustan Zinc Ltd in the near future, the company's credit rating will face immediate strain