Vedanta Resources rolls over group company debt at big interest markupBy extending inter-company loans, VRL can address outstanding external debt requirements, including a $1bn bond due in January 2024. The mo...
Vedanta Resources extends inter company loan from Cairn India by a year at revised terms of 17% vs 7% earlierApart from extending the inter company loan and revising terms, on Friday, the management informed investors that the brand fee or royalty ...
Vedanta's tussle with Kyma Capital puts spotlight on Cairn India Holdings' alleged misdoingsLondon-based Vedanta Resources merged Cairn with its India unit Vedanta Ltd. in 2017. It’s now a unit of Vedanta Ltd., and owns a stake in ...
Vedanta Q2 earnings beat expectations, but analysts turn bearishVedanta announced Rs 9.5 per share of dividend as against Rs 28 per share which had to be transferred from Hindustan Zinc’s payouts.
Vedanta Resources’ liquidity buffer will be depleted by March 2021 amid its failed delisting: Moody’s“VRL’s failed bid is a credit negative. The takeover would have significantly improved the holding company VRL's cash flow and liquidity,” ...
Fitch places Cairn India Holdings on Rating Watch Negative on delisting planCairn India Holdings Ltd (CIHL) , a subsidiary of Vedanta, was rated 'B+' by Fitch.
Fitch downgrades Cairn India’s rating to 'B+'The rating agency, however, said the outlook for Cairn India remains stable.
Fitch revises outlook on Cairn India to negativeVedanta owns half of its 70 per cent in the prolific Rajasthan oil block through Cairn India Holdings.
Vedanta Q1 profit falls 12% to Rs 1,351 crore, meets estimatesEbitda stood at Rs 5,188 crore, down 20 per cent due to market and regulatory factors.
Cairn India Holdings to exit investments in Anglo American PlcThe "unwinding of the structured investment" has come as share prices of Anglo American have doubled since the investment was entered into ...
Vedanta cuts losses after clarification on Cairn India's investmentVolcan owns a 21 per voting interest in Anglo American Plc.
Cairn India's investment in Anglo American met all governance standards: VedantaVolcan Investments, a family trust of Vedanta promoter Anil Agarwal, holds around 19% in Anglo American. Cairn India is a subsidiary of Ved...
Tax department to sell Cairn Energy's attached shares at 'appropriate time'Cairn India was subsequently merged with its new parent Vedanta Ltd, in which Cairn Energy now holds about 4.95 per cent stake.
Cairn created maze of subsidiaries, taxed Rs 10,247 croreScotland-based Cairn Energy till 2006 held Indian assets, including the prolific Rajasthan oil fields, through nine Indian subsidiaries.
Cairn India extends repayment of $1.25 billion loan by two yearsThe extension follows delay in merger of Cairn India with its parent Vedanta Ltd that would have led to the $ 1.25 billion loan being writt...
Vedanta unit seeks rollover of $1.25 billion loan from CairnAsked if the parent group has sought additional loan, he said, "There is no request and we do not foresee any request for incremental loan."
- Cairn Energy founder, Bill Gammell may trump Warren Buffett in investment
Sir Bill Gammell, the founder of Cairn Energy, may trump the world's most acclaimed investor Warren Buffett for the top slot in investing, ...