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 Resources reduced net debt by $300 million in H1 of FY 22With the entire debt repayment at Volcan, the pledge on all the equity shares of VRL has been released, the company said in the statement.
13 Sep, 2021, 03.19 PM IST
Twin Star to approach SC against NCLAT stay in Videocon case“Once the committee of creditors approved the resolution plan and the adjudicating authority stamped its approval on it, then nothing remai...
30 Jul, 2021, 11.05 PM IST
NCLAT’s stay on the Videocon Resolution plan turns the clock back, say legal expertsOn July 17, the NCLAT temporarily stayed the Mumbai bench of the National Company Law Tribunal's order that allowed Twin Star Technologies ...
26 Jul, 2021, 10.59 PM IST
Vedanta’s debt maturities prompt credit rating warningsVedanta Ltd. holding companies Vedanta Resources Ltd. and Volcan Investments Cyprus Ltd. must repay a combined $1.17 billion next year.
25 Oct, 2020, 10.41 AM IST
Vedanta's Anil Agarwal withdraws ‘exploratory’ expression of interest for Jet AirwaysOn further evaluation we intend to not pursue it, Agarwal said in a statement.
13 Aug, 2019, 11.34 AM IST
Jet Airways hits lower circuit as Anil Agarwal’s family trust withdraws EOIWith Volcan pulling out, only two entities are left in the fray to buy stake in the airline.
13 Aug, 2019, 11.05 AM IST
Anil Agarwal’s family trust shows interest in Jet AirwaysBillionaire’s family trust is one of the three entities that responded to the call for expressions of interest (EOI).
12 Aug, 2019, 06.37 AM 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
Upstreaming of funds from Vedanta to Volcan could weaken its credit profile: Moody'sA weak credit profile could put pressure on Vedanta’s current rating of Ba3.
18 Jun, 2019, 04.40 PM IST
Moody’s cuts Vedanta outlook to ‘negative’Proxy advisory firms were also not convinced by the management response.
05 Feb, 2019, 07.47 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
Anil Agarwal to take Vedanta Resources private on Oct 1Volcan, which currently holds 66.53% of Vedanta, had made a cash offer for 825 pence a share.
04 Sep, 2018, 07.52 AM IST
Vedanta may partner Anglo American to bid for coal mines in India: Anil AgarwalAgarwal’s holding firm, Volcan Investments, had bought a structured product last year, giving him an option to buy up to 21% in Anglo Ameri...
10 Jul, 2018, 11.23 PM IST
Indian billionaire Anil Agarwal buys 11.4 per cent of miner Anglo AmericanAccording to a notice posted on the London Stock Exchange, the Volcan Holdings investment company owned by Anil Agarwal's family now owns 1...
14 Apr, 2017, 11.51 AM IST
Anil Agarwal's $10 billion LCD plant to start production in 2018Sterlite Technologies, one of Volcan's investments, already has optical fibre manufacturing unit in Aurangabad, Maharashtra.
20 Mar, 2016, 07.18 PM IST