Billionaire Anil Agarwal struggles to get backers for $19 billion chip unitAgarwal’s representatives met with large funds from the Middle East, Singapore, and the US over the past three months to garner financing c...
14 Dec, 2022, 05.43 PM IST
Serentica Renewables partners with Greenko for 1500 MWhr of storage capacityAs part of this partnership, Serentica will leverage Greenko’s energy storage capacity from its upcoming Off Stream Closed Loop Pumped Stor...
14 Nov, 2022, 07.37 PM IST
KKR to power Sterlite's clean energy business with $400 million chequeKKR will invest $400 million into the platform for an undisclosed equity participation, while Sterlite Group companies will invest $100 mil...
09 Nov, 2022, 12.25 AM IST
Vedanta clarifies semiconductor manufacturing to be done by holding company VolcanEarlier, Vedanta and Foxconn had said they will invest over ₹1.54 lakh crore to set up a display fabrication and semiconductor manufacturin...
16 Sep, 2022, 09.39 AM IST
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...
08 Feb, 2022, 11.03 PM IST
Videocon to give Anil Agarwal's group majority stake in Ravva oilfieldAgarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse. His group acquired state-owned B...
09 Jun, 2021, 05.10 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
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,” ...
27 Oct, 2020, 06.15 PM IST
Vedanta Resources proposal to acquire 49% stake in Vedanta credit positive: Moody'sThe debt-financed transaction will further weaken Vedanta's consolidated credit metrics.
19 May, 2020, 04.55 PM IST
Etihad says not feasible to reinvest in Jet; cites unresolved issues concerning liabilitiesEtihad, the national carrier of the UAE picked up 24 per cent stake in Jet Airways in 2013.
12 Aug, 2019, 04.11 PM IST
Billionaire Agarwal walks away from Anglo American stakeBillionaire maintains that his interest in Anglo was family investment and no intent to make a takeover offer.
26 Jul, 2019, 01.32 PM IST
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 ...
26 Jul, 2019, 11.36 AM IST
Analysts lower Vedanta's earnings multiple on worries over capital allocationAnalysts weren’t pleased after Vedanta disclosed the investment during the third-quarter earnings last week.
05 Feb, 2019, 09.09 AM IST
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...
04 Feb, 2019, 10.12 AM IST
Vedanta Resources gets approval to delist from LSEVolcan, controlled by Agarwal as executive chairman, owns nearly 67% in Vedanta Resources.
01 Oct, 2018, 04.51 PM IST
Anil Agarwal succeeds with Vedanta Resources buyoutVedanta Resources Plc Chairman Anil Agarwal will take the London-listed miner private
04 Sep, 2018, 07.31 AM IST
Agarwal makes firm offer to delist Vedanta from London Stock ExchangeVedanta had on July 2 announced Agarwal's plans to delist the company.
31 Jul, 2018, 02.34 PM IST