Apr 09, 2021 09:43 AM IST
Those investors who are holding on to their shares have little to worry about. While there is the hope that the promoter may improve the price next time around, the sector in which Vedanta operates is also doing well
- Mar 26, 2021 06:48 PM IST
The court also said that Vedanta does not have the right to demand extension of the PSC on unilateral terms that suit its interest, overlooking the interest of the State, which is a trustee of the natural resources under a Constitutional mandate.
- Mar 25, 2021 01:10 PM IST
Out of these, 37 are fully explored, meaning it could be brought to production immediately, and 30 partially. During the first round of auctions held last year, 19 mines received successful bids, out of the 38 on offer.
- Mar 23, 2021 07:24 PM IST
The Central Bureau of Investigation has framed charges on 17 counts including damage to public property and possession of deadly weapons, one of the sources said. These charges carry a maximum penalty of up to seven years in prison.
- Mar 19, 2021 09:32 AM IST
Anil Agarwal-led Vedanta Resources on March 16 raised the open offer price for buying shares in Vedanta Ltd to Rs 235 a share. In January, it had offered to buy up to 10 percent in Vedanta at Rs 160 apiece.
- Mar 17, 2021 12:24 PM IST
The increase in Vedanta’s share price meant a higher open offer price was a given. But, why did Vedanta Resources up the stakes by hiking the offer size?
- Mar 16, 2021 10:29 PM IST
In December, the promoters increased their stake from 50.14 percent to 55.11 percent through block deals totalling Rs 2,959 crore.
- Mar 09, 2021 03:10 PM IST
The tribunal said the plant has recommenced in the year 2019, such recommencement is required to be after the grant of EC even if the plant was initially started prior to the year 2006.
- Mar 09, 2021 10:03 AM IST
In November 2020, the Cabinet approved strategic divestment of the Centre's stake in Shipping Corporation of India.
- Feb 26, 2021 10:49 PM IST
Vedanta Resources Finance II Plc, a subsidiary of London-based Vedanta Resources, had gone to the market for raising USD 1 billion.
- Feb 22, 2021 07:31 PM IST
The company will announce the effective date of relieving of Kumar and details of the successor in due course, Vedanta Ltd said in a filing to BSE.
- Feb 18, 2021 05:20 PM IST
The meeting between Cairn Energy CEO Simon Thomson and finance secretary Ajay Bhushan Pandey comes amid speculation that India is set to challenge an international arbitration award that went against it over the retrospective levy of taxes.
- Feb 16, 2021 09:17 AM IST
The Anil Agarwal-promoted holding company is raising money to bid in the government’s PSU privatisation drive
- Feb 12, 2021 10:11 PM IST
Vedanta and private equity firms Apollo Global and I Squared Capital's arm Think Gas have shown interest in buying the government's 52.98 per cent stake in BPCL.
- Feb 10, 2021 11:34 AM IST
Cairn Energy chief executive officer Simon Thomson is set to visit India next week.
- Feb 08, 2021 10:07 AM IST
Vedanta is trying to bring down cost across segments and also working on improving volumes in a few of the segments like zinc and oil & gas
- Feb 02, 2021 09:44 AM IST
- Feb 02, 2021 08:01 AM IST
- Jan 14, 2021 09:13 AM IST
In the past two months, Vedanta's share price has outperformed the market, surging around 26 percent and 33 percent in November and December, respectively.
- Jan 09, 2021 08:42 PM IST
The promoters made an open offer for up to 37.2 crore shares (10 percent equity) at Rs 160 per share, which is over a 12 percent discount to the current market price.
- Jan 06, 2021 10:05 PM IST
The ruling is a blow to Vedanta, which has been locked in a legal battle since the Zambian government – which owns 20% of KCM through state mining investment firm ZCCM-IH – handed control of the business to a liquidator in May 2019.
- Dec 29, 2020 12:33 PM IST
A CNBC-TV18 report on December 29 said Vedanta's promoter created a pledge on the entire 55.11 percent equity.
- Dec 24, 2020 06:51 PM IST
The move comes weeks after the firm's failed attempt to delist Vedanta Ltd from Indian stock exchanges.
- Dec 24, 2020 02:29 PM IST
In early December this year, Moody's Investors Service downgraded the corporate family rating of Vedanta Resources Limited to B2 from B1.
- Dec 18, 2020 09:37 AM IST
Anil Agarwal plans to help state companies accelerate into “private firms with professional management”.