vedanta

Policy | The potential and the pitfalls of coal mine auctions

Poor market condition is cited as a reason for the tepid response to coal block auctions, but, the overriding feeling is that the government’s policy change on coal mining has dampened the interest of developers for coal mines with end-use restrictions.

Sector view | China’s shadow on the metals sector keeps getting longer

The sharp slowdown in China’s industrial sector in May keeps the risk on for metal producers

Top 10 high-conviction buying ideas from brokerage firms in a volatile market

Corporate banks, insurance, healthcare services, oil and gas, construction, engineering and logistics are among the key overweight sectors.

Anil Agarwal says Vedanta will definitely look at coal mining in India

Agarwal said he would also request all the major global mining companies such as BHP Billiton and Rio Tinto to look at India. "I am also looking forward at forest clearance which is very important; forest clearance takes years in India,” he further added.

Vedanta moots Rs 800 crore plan to set up 4,000 'Nand Ghars'

Nand Ghar is Vedanta's flagship programme to directly benefit 2,00,000 children and 1,80,000 women on an annual basis.

Every economy faces headwinds, India no exception: Vedanta

The remarks come at a time when IMF and Asian Development Bank have lowered India's growth forecast, citing global and domestic headwinds.

Vedanta to work together with NITI Aayog for Odisha district

NITI Aayog and Vedanta will work together to assist the district by reviewing and co-creating strategic action plans to improve lives of local communities.

Tamil Nadu opposes centrally sponsored projects—loss for GAIL, BPCL?

Sections of landowners and political parties in Tamil Nadu are opposing the 900-feet-wide green field express highway with an eight-lane between Chennai and Salem would cover 277.3 kilometers

Closure of Sterlite plant cost India $2.5 billion: IFC Report

The report claimed that India has emerged as a net exporter of copper since 2012 but this trend was offset in FY18-19 due to the shutdown of Vedanta's Tuticorin plant

Hold Vedanta; target of Rs 150: ICICI Direct

ICICI Direct recommended hold rating on Vedanta with a target price of Rs 150 in its research report dated July 30, 2019.

Vedanta Consolidated June 2019 Net Sales at Rs 21,374.00 crore, down 3.75% Y-o-Y

Vedanta Standalone June 2019 Net Sales at Rs 8,617.00 crore, down 11.07% Y-o-Y

Corporate Corridor | Vedanta shakes off one uncertainty, with parent exit from Anglo American investment

The exit from Anglo American will reassure investors that the promoter focus will remain centred on Vedanta

Vedanta Q1 PAT seen up 0.9% YoY to Rs. 1,547.2 cr: Kotak

Net Sales are expected to decrease by 1.7 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 21,823.6 crore, according to Kotak.

YES Bank deploys blockchain to issue CPs for Vedanta

The private lender also plans to scale up its pay-per-use blockchain network by issuing CPs for more corporates going ahead.

Vedanta eyes 70% topline growth in 3 yrs on Rs 55,000-cr capex

The company has completed a Rs 10,000 capital expenditure in the just concluded year.

Vedanta Q1 PAT may dip 19.8% YoY to Rs. 1,229 cr: ICICI Direct

Net Sales are expected to decrease by 0.3 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 22,135 crore, according to ICICI Direct.

Vedanta to seek court order saying Zambia's ZCCM breached shareholder pact

Vedanta said an urgent application had been served on ZCCM and a provisional liquidator appointed for KCM.

Vedanta to invest $245 mn in 10 oil, gas blocks

Vedanta had won 41 out of the 55 blocks in OALP-1 bid round and committed to invest $551 million.

Vedanta aspires to be among top 3 steel players in India

Vedanta had forayed into steel with takeover of Electrosteel Steels Ltd (ESL) from the NCLT last year.

Vedanta may scrap $10 billion LCD project: Report

The project may be shelved due to failure to obtain subsidies under the Modified Special Incentive Package Scheme (M-SIPS).

Vedanta shares gain 2% as Goa CM assures mining issues to be resolved by July

Vedanta's iron ore production fell 38 percent to 4.4 million tonnes and sales volume declined 49 percent to 3.8 million tonnes in FY19 compared to FY18 due to lower production and sales volume in Goa

First pilot floating solar plant to be completed in next 2-3 months: Vedanta

In an investor brief, the company said it is focussing on renewable energy and its group firm Hindustan Zinc plans its "first pilot floating solar to be completed in next 2-3 months".

Vedanta lost $200 million in profits in one year of Tuticorin plant shutdown: Anil Agarwal

Agarwal added that the stoppage of production at the Tuticorin plant of the firm's unit Sterlite led to the country having to import copper, spending precious foreign exchange.

ONGC, Vedanta Ltd set to win 9 oil, gas blocks each

Sources said the Directorate General of Hydrocarbons (DGH) has completed the evaluation of the bids received for 32 oil and gas exploration blocks that were auctioned in the latest licensing round.