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VEDANTA RESOURCES INC
Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
Vedanta Resources’ $500 mn dollar bonds attract 3x subscriptionVedanta Resources successfully raised $500 million through a seven-year US dollar bond issue, which was oversubscribed three times, attract...
Vedanta Base Metals CEO Chris Griffith quits amid debt, short-seller woesVedanta Resources Ltd. has experienced the departure of Chris Griffith, the top executive of its base metals business, who joined the compa...
Vedanta shares in focus as parent eyes US listing for Zambian copper unitVedanta Ltd is in focus as parent Vedanta Resources considers a U.S. IPO for its Zambian unit, Konkola Copper Mines, aiming to raise $1 bil...
Vedanta weighs US listing to raise $1 billion for Zambian copper assetsVedanta Resources is exploring a U.S. public listing for its Zambian unit, Konkola Copper Mines (KCM), to raise approximately $1 billion fo...
Vedanta’s demerger seen credit negative for parent’s bondholdersCreditSights has maintained its 'buy' recommendation for Vedanta Resources but said it would prefer April 2026 bonds of the company.
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.
New Year, new beginnings! Snapdeal boss wants to 'be nice' to everyone; CRED founder's self-analysis mantraThe NASSCOM President did a 2022 wrap with special moments from the year.
Vedanta drops restructuring plan, board finds present structure 'optimal'The company had in November said that it would consider the hiving off and separate listing of its aluminium, iron and steel, and oil and g...
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...
India Inc celebrates Diwali: Oyo founder's goodwill puja; Vani Kola junks festive sweets; Vedanta boss urges people to work hardEdelweiss MF CEO displayed her special talent on Diwali.
Vedanta Resources to issue $400 million notes to Oaktree CapitalThe notes will be partly secured by shares in Mumbai-listed unit Vedanta Ltd., according to separate exchange filings from Vedanta and the ...
Vedanta Resources passes key funding test with sale of bondThe company priced the January 2024 bond on Wednesday at a yield of 13.875 per cent. Vedanta Resources plans to use the money to finance a ...
Vedanta Resources offers bond with one of highest yields in AsiaVedanta plans to use the money to finance a buyback offer for $670 million of notes maturing in June 2021.
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 ...
Investors make a killing on Vedanta bonds & how!The $1.4 billion bond sale by the mining giant was widely billed as a “desperate attempt” to raise money, at more than double the yield of ...
Won't mine bauxite from Niyamgiri sans locals' consent: SesaAgarwal said the natural resource sector has the potential to add USD one trillion to the economy and can generate significant new employme...
High Court reserves verdict on PIL alleging Congress, BJP foreign fundingA bench headed by Justice Pradeep Nandrajog also asked the Centre and both the political parties to file written submissions within a week.
Vedanta sells stake in Canada's Hudbay Minerals for $ 152 millionVedanta had acquired about 14.5 million shares of Hudbay Minerals, through a Netherlands-based subsidiary Lakomasko BV for an undisclosed s...
- Cairn-Vedanta deal: Govt must be conscious of legal hiccups
India Inc’s approach towards entry and exits of foreign investments may invite investor protection claims. Cairn-Vedanta fiasco may turn in...