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Vedanta faces buyback costs as bonds trade above par valueIn a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 bill...
Vedanta chief Anil Agarwal backs PM's call to save forex, pitches for mining reformsVedanta Chairman Anil Agarwal urged swift mining reforms to boost domestic production of oil, gold, and other critical resources, aligning ...
Vedanta demerger done. Should investors buy or sell the stock now?Vedanta shares adjusted sharply post demerger, reflecting exclusion of four business units. While strong Q4 earnings and broker targets ind...
I-Sec maintains Buy on Vedanta, lowers target price to Rs 575ICICI Securities maintains a Buy call on Vedanta, revising the target price to Rs 575. Q4FY25 EBITDA rose 31% YoY, driven by higher volumes...
Vedanta saves Rs 1,027 cr by retiring costly debt with cheaper loansVedanta has realized significant savings in interest payments by refinancing high-interest loans with lower-cost debt, reducing its debt dr...
Vedanta cuts debt by $550 million, saves $90 million in interest costsVedanta has repaid a high-cost $900 million loan, reducing net debt by $550 million and saving $90 million annually in interest. The repaym...
Vedanta parent plans $1 bn raise to refinance high-cost debtVedanta Resources, seeking to lower funding costs and secure a credit rating upgrade, plans to raise up to $1 billion to prepay and refinan...
Vedanta Resources repays USD 869 million in October to redeem bonds due in 2027 and 2028As per VRF's exchange filing, with the repayment on October 4, the 2027 bonds have been fully redeemed and are no longer outstanding.
Vedanta Resources repays USD 869 million in October to redeem bonds due in 2027 and 2028Vedanta Resources Ltd has paid USD 869 million in October to redeem high-interest bonds maturing in 2027 and 2028. This forms part of a liq...
Vedanta to save Rs 1,000 crore in interest costs yearly on debt repaymentVedanta expects to save ₹1,000 crore annually in interest costs after utilizing proceeds from a recent ₹8,500 crore fund-raising to repay d...
Vedanta Ltd raises Rs 8,000 crore secured term loan from Union Bank of IndiaVedanta prepaid Rs 10,000-crore term loans availed from four local banks at over 10% in December. It repaid the entire Rs 5,000 crore loan ...
Vedanta Raises Rs 8k cr Loan from UBI to Prepay High-cost DebtMetals and mining company Vedanta has raised Rs 8,000 crore secured term loan from Union Bank of India at 7.75% last month and used the pro...
Vedanta invites partnership from cement companies for by-productsIn a national workshop conducted with global industry experts, the company expressed its interest for long-term collaboration with cement i...
Tax queries: Does the senior citizens savings scheme qualify for section 80C benefits?Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
Vedanta Q3 profit zooms 4.5 times on higher commodity pricesRevenue went up 31% on consolidated basis to Rs 19,320 crore compared with a year ago.
Cairn-Vedanta merger now by June 2016, says group firmMining baron Anil Agarwal-led Vedanta Resources today said the merger of its subsidiaries Vedanta Ltd and cash-rich Cairn India will happen...
Vedanta prunes FY 2016 capex plan by half to $1 billionThe group has revised its capital expenditure plans in order to optimise free cash flow against the backdrop of the recent downturn in comm...
- Sterlite Industries shareholders cast vote on merger, results on June 25
The shareholders of Sterlite Industries (India) cast votes on the merger of the co with group firm Sesa Goa & the result would be known on ...
- Sesa Goa investors vote on Vedanta merger
Results of the vote on the merger is being closely watched as it will create the world's seventh largest diversified metals and mining cong...
- Sesa shareholders cast vote on restructuring, result next week
Shareholders of Sesa Goa cast votes here today on the proposed merger of Sterlite Industries and other group companies of Vedanta Resources...