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VEDANTA STAKE SALE
Promoter Twin Star sells Vedanta shares worth Rs 1,896 crore in block dealTwin Star Holdings, a promoter entity of Vedanta, sold 6.51 crore shares worth nearly Rs 1,896 crore through a block deal on Tuesday. The t...
Should investors buy the dip in Vedanta shares after 9% slide? Analysts weigh inVedanta shares fell on Tuesday after promoter entity Twin Star Holdings reportedly sold around 7.3 crore shares (1.7% stake) worth ₹2,149 c...
GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RILMarkets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Le...
Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...
Stocks in news: Alkem Labs, Vedanta, Canara Bank, NHPC, Adani PortsMarkets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance around 23,800-24,...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check detailsNHPC Share Price: NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sal...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Vedanta’s historic year, strong margins and deleveraging path: Management on post-demerger strategy, listing timeline and capital allocationVedanta anticipates a historic FY26, driven by record profitability in its aluminium and zinc businesses with margins at 38% and 50% respec...
Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HALMarkets experienced volatility, declining nearly 1% due to weak global cues, with analysts emphasizing the critical support level of 23,500...
Vedanta sells 1.6% stake in Hindustan Zinc for Rs 3,028 crore to boost balance sheetThe sale of 66.7 million Hindustan Zinc shares forms part of Vedanta’s larger plan to reduce debt and enhance financial agility, as the com...
Stake sale in Hindustan Zinc to boost funds with Vedanta for debt repayment, capexVedanta Ltd's board approved selling a 3.31% stake in Hindustan Zinc Ltd, worth over Rs 8,000 crore, will enhance funds for debt repayment ...
Vedanta to sell 2.6% stake in Hindustan Zinc via OFSThe Metals and mining major held a 64.92% stake in HZL as of the June quarter, with the government owning 29.54%. The proceeds will help Ve...
Vedanta promoter in talks with GQG Partners to sell $1 billion worth stake: ReportThe final talks for a potential stake sale have already taken place, and the transaction may take place in a few days in the form of a bloc...
Vedanta shares tumble 9% on likely stake sale by promoter entityThe floor price for the transaction, valued at $501 million or Rs 4,130 crore, is said to be at Rs 258.5 a share, implying a 5% discount to...
Promoter entity trims holding in VedantaVedanta Netherlands Investments BV, a promoter group company, has reduced its stake in Vedanta Ltd from 1.71% as of December 31, 2022, to 0...
Anil Agarwal suggests recast of India's asset sale 'style'Policies should be easier and govt should cut stake to 50% in all PSUs, says the Vedanta Resources chairman.
- Cairn Energy shareholders approve stake sale in Indian arm
Cairn Energy Plc today secured the approval of shareholders for sale of majority stake in its Indian arm to London-listed Vedanta Resources...