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TWIN STAR HOLDINGS
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- Quote of the Day by William Shakespeare: 'When sorrows come, they come not single..'—Inspiring quotes by the greatest writer in the English language and the world's pre-eminent dramatistQuote of the Day: William Shakespeare's powerful words about hardships arriving together continue to resonate. His quote, "When sorrows com...
- Quote of the Day by George Clooney: 'America can't beat...'—Inspiring quotes by the incredible actor, filmmaker, and activist, recognized as much for his global humanitarian effortsQuote of the Day: Hollywood A-lister George Clooney recently stirred the pot with his bold assertion that 'America can't beat anyone anymor...
- Vedanta Resources seeks $200 million loan top-up after $350 million deal earlier this yearVedanta Resources is looking to boost its existing $350 million loan by at least $200 million. The company is in talks with Sumitomo Mitsui...
- Vedanta Resources mobilises $350 million in fresh borrowingVedanta Resources has raised $350 million from global banks. This financing will cover upcoming debt payments and interest costs. The deal ...
- Vedanta Resources plans to raise $500 million to refinance costly debtThe senior notes, issued via Vedanta Resources Finance II, will be guaranteed by parent VRL and subsidiaries including Twin Star Holdings, ...
- Vedanta raises $900 million via bonds at 10.875%Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used t...
- VRL's stake sale in Vedanta not enough for stable rate outlook: S&PS&P Global Ratings has deemed Vedanta Resources' plan to sell its Indian-listed subsidiary stake, Vedanta Ltd, a credit-positive move but n...
- Vedanta’s free float in FTSE All-World index rises to 37% on promoter stake saleAccording to the bulk deals data with exchanges, Twin Star offloaded 15.4 crore shares or a 4.14% stake in the company. The transaction was...
- Twin Star Holdings to sell 4.3% in VedantaThe shares will be sold at a floor price of ₹258.50 a share, which translates into more than a 5% discount to Wednesday's closing price of ...
- Twin Star holdings seeks up to $501 million via Vedanta share saleAs per reports, the promoter entity will be selling 16 crore Vedanta shares in block deal at an offer price of Rs 258.5 per share on Thursd...
- Vedanta has $3 billion debt servicing obligations this fiscal: S&P"The India-based natural resource company has debt servicing obligations of about $3 billion, including interest and inter company loans," ...
- Supreme Court stays resolution process of Videocon Industries restarted by lendersWinning bidder Twin Star had appealed against a January 5 National Company Appellate Tribunal order that prompted lenders to restart the sa...
- Vedanta soars 8% on promoter share buy planVedanta’s shares have experienced severe volatility (losing 10 per cent last week) ever since the announcement of the demerger – which aims...
- Promoter companies to purchase 170 million shares of Vedanta at Rs 350 apieceTwin Star Holdings and Vedanta Netherlands Investments BV, the promoter companies of Vedanta will be purchasing around 170 million shares a...
- Vedanta offers guarantee for Videocon bid, now lenders' preferred bidder: SourcesVoting closed late on Friday evening. Results are yet to be officially declared but lenders who were individually informed about the voting...
- 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 ...
- Twin Star to delist Malco, offers to buy rest 20%Twin Star Holdings Ltd is planning to further acquire 2,25,00,000 shares, or around 20% from the public shareholders.
- Twin Star Holdings to buy the remaining 20% in MalcoTwin Star Holdings, a promoter company of Malco, has made an open offer price of Rs 105 for buying the remaining 20% in Malco from retail s...
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