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VDL
Chip maker ASML supplier VDL denies reports it is cutting jobsThe report by Business News Radio cited an internal memo. A spokesperson for VDL said the company is reducing a small number of the flexibl...02 Sep, 2024, 07.35 PM IST- Japan’s Mitsui invests Rs 200 crore in Pune-based EKA MobilityEKA (Pinnacle Mobility Solutions) Mobility - one of the commercial vehicle manufacturers approved under the Champion OEM (Original Equipmen...20 Jun, 2024, 07.34 PM IST
- Vedanta Limited to raise Rs 1,000 cr through private placement of NCDsVedanta Limited, a subsidiary of Vedanta Resources, announced plans to raise Rs 1,000 crore through bonds on a private placement basis. The...20 Jun, 2024, 01.05 PM IST
- EKA Mobility partners with Japan's Mitsui and Netherlands' VDL Groep to manufacture EVsEKA Mobility, which commissioned a production unit in Pune earlier this year, plans to scale up production capacity to roll out 5000 electr...27 Dec, 2023, 12.31 AM IST
- Vedanta raises Rs 2,500 crore through unlisted NCDsVedanta Ltd, the Indian subsidiary of Vedanta Resources, has raised ₹2,500 crore through non-convertible debentures with an interest rate o...30 Sep, 2023, 12.14 AM IST
- Vedanta Resources' bonds decline on profit drop at India-listed armVRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds. On Friday, ...25 Jul, 2023, 06.35 AM IST
- 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...24 Jul, 2023, 12.36 AM IST
- 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 ...22 Jul, 2023, 12.11 PM IST
- Vedanta Resources clears debt obligations for Q1The company’s statement comes days after it pledged a 4.4% stake in VDL to Glencore International AG for a $250 million loan. Glencore Inte...01 Jun, 2023, 12.46 AM IST
- Vedanta board meets Monday to ok FY24's first interim dividendThe company's stock ended 0.27% lower on Thursday at ₹278.6 on the BSE compared to a similar 0.21% dip in benchmark Sensex.19 May, 2023, 12.36 AM IST
- Vedanta seeks RBI nod to give guarantees for $1-billion loanVRL is seeking funds to meet its upcoming debt obligations and has been engaged in talks with banks as well as private funds. VRL has $400 ...25 Mar, 2023, 07.31 AM IST
- Vedanta looks to raise up to $1 billion from credit fundsTHL Zinc Ventures, a wholly owned subsidiary of India-listed Vedanta Ltd (VDL), is negotiating with global lenders including JP Morgan, Bar...16 Mar, 2023, 06.16 AM IST
- Ind-Ra upgrades Vedanta's long-term issuer rating to 'AA' with stable outlookIt further said Vedanta could achieve an EBITDA of Rs 450 billion in FY22 and FY23, revised from the earlier estimate of Rs 390 billion.29 Mar, 2022, 10.22 PM IST
- Spinoff of key businesses not to impact credit quality of Vedanta Resources: Moody'sVedanta Resources Ltd's (VRL) 65.2 per cent owned subsidiary Vedanta Ltd last week announced that its board of directors have formed a subc...22 Nov, 2021, 05.22 PM IST
- Bet on Vijaya Diagnostics after a hard look at industry prospectsUnorganised smaller players are giving way to larger organised chains. VDL is an emerging integrated player but comes with a high regional ...31 Aug, 2021, 06.28 AM IST
- Ind-Ra revises Vedanta's credit outlook to stable from negativeThe long-term issuer rating of the company is 'IND AA-'. Instruments with rating 'IND AA' carry very low credit risk.17 Feb, 2021, 04.48 PM IST
- Moody's downgrades Vedanta Resources' ratingMoody's has also downgraded the ratings on the senior unsecured bonds issued by Vedanta Resources (VRL) and those issued by Vedanta Resourc...04 Dec, 2020, 01.32 PM IST
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