Spotlight still on Vedanta $3 billion debt despite spinoff planA streamlined structure could also help Agarwal sell unprofitable or low-growth assets — something the billionaire has long avoided.
05 Oct, 2023, 09.31 AM IST
A $2.5 billion debt bill shows risks ahead for VedantaIndian mining company Vedanta Resources, which is rated junk by credit agencies, faces a record annual bill of $2bn due in 2024 and another...
31 May, 2023, 10.48 AM IST
Billionaire mining tycoon Anil Agarwal fights to clear Vedanta’s debtAgarwal is facing one of his toughest acts yet. The tycoon’s Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 — ha...
29 Mar, 2023, 07.17 AM IST
Billionaire mining tycoon Anil Agarwal fights to clear debtAnil Agarwal's Vedanta Resources is facing one of its toughest challenges yet with close to $2bn of bonds due for settlement in 2024, and h...
26 Mar, 2023, 08.15 AM IST
Buy Bharat Forge, target price Rs 1015: Motilal Oswal Financial ServicesBharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 40690.12 Crore) operating in Auto Ancillarie...
31 Jan, 2023, 10.37 AM IST
First indigenously manufactured aluminium freight train rake inducted in RailwaysFlagged off by Railway Minister Ashwini Vaishnaw, the rake is 180 tonnes lighter than existing steel rakes, resulting in increased speed an...
16 Oct, 2022, 05.58 PM IST
Billionaire Anil Agarwal faces key vote for plan to tap Vedanta cash reservesVedanta's rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load, and Moody’s Investors Serv...
07 Oct, 2022, 08.36 AM IST
Anil Agarwal planning to merge Vedanta Resources with India unit: ReportVedanta Ltd. said in December that it intends to unlock value with options including separately listing its aluminum, iron and steel and oi...
03 Feb, 2022, 07.20 AM IST
FM Sitharaman's fourth tranche: From reforms in mineral mining sector to defence manufacturingThe FM unveiled structural reforms in 8 sectors, including coal and defence, in 4th tranche of economic package.
16 May, 2020, 09.14 PM IST
Bulk deals: YES Bank yet again dumps Reliance Naval sharesHere’s who bought what in bulk deals in Friday's trade.
24 Apr, 2020, 07.40 PM IST
Mecon recommends 15 per cent minimum import price on aluminium importsMecon was hired by the domestic industry soon after the commerce ministry rejected imposing MIP on aluminium citing it was not in accordanc...
25 Nov, 2016, 01.39 PM IST
Vedanta-owned Balco shuts rolling mill at Korba over slump in metal pricesVedanta-owned Bharat Aluminium Co, one of India’s top private sector aluminium producers, has shut its rolling mill at Korba in Chhattisgar...
17 Aug, 2015, 02.01 PM IST
CIL unsure of how to handle charge of two operational mines for 13 daysThe company has less than a week to figure out how to handle an operating coal block for such a short period.
30 Mar, 2015, 05.58 AM IST
Delhi HC approved CIL as Custodian of 3 Coal Blocks Denied to JSPL, BalcoThe HC reiterated its observations made earlier that there was no proof of cartelisation in the bids for these blocks and that the decision...
28 Mar, 2015, 10.44 AM IST
Bi-weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parloursWhen Narendra Modi travels to the US next month, India Inc’s big bosses will also be there – but there will be no Indo-US CEO forum meeting...
29 Aug, 2014, 05.18 AM IST
Fifteen stocks in focus in Thursday morning tradeIndian markets are expected to trade in a range. Here is a list of fifteen stocks which are likely to be in focus today.
29 May, 2014, 08.08 AM IST
Sale of loss-making PSUs, HZL-Balco on Department of Disinvestment agendaIn January, 2012, Vedanta had proposed acquisition of government's remaining stake in the two erstwhile PSUs for about Rs 17,275 crore.
29 May, 2014, 03.13 AM IST