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 ...
15 Aug, 2024, 11.35 AM IST
Vedanta plans debt refinance to cut funding costs after upgradeVedanta Resources Ltd. aimed to refinance its high-yield debt to lower costs following a favorable rating upgrade. The company entered talk...
05 Aug, 2024, 09.24 PM IST
Vedanta Resources sells 2.63% stake in Indian arm, raises Rs 4,184 croreVedanta Group, in a statement, said that Finsider International Company, a subsidiary of Vedanta Resources, accepted a proposal from one of...
27 Jun, 2024, 05.38 AM IST
Anil Agarwal likely pares Vedanta stake in large block deal, shares drop 6%The promoters of Vedanta have reportedly sold 17.1 crore shares of the company and the transaction value is estimated to be around Rs 7,000...
26 Jun, 2024, 09.58 AM IST
Promoter may sell 2.5% in Vedanta via block deals this weekAgarwal has been seeking to slash the group's debt burden. London-listed Vedanta Resources reduced its net debt to $6 billion in FY24 from ...
26 Jun, 2024, 06.25 AM IST
Vedanta's $894 million bond interest payment cleared with 7 days' delayVedanta Group's $894 million bond interest payment was delayed by seven days due to a discrepancy. The payment was made following an invest...
26 Feb, 2024, 01.59 PM IST
Vedanta Resources' bondholders back debt restructuring planUK-based Vedanta Resources said on Wednesday it received bondholders' support to restructure some of its near-term debt, easing repayment p...
03 Jan, 2024, 06.48 PM IST
Vedanta plunges on downgrade of UK parentAnalysts said concerns over the group's debt burden and volatile metal prices due to global headwinds could weigh down the stock in the nea...
28 Sep, 2023, 06.16 AM IST
Vedanta Resources clears debt obligations for Q1The company’s statement comes days after it pledged a 4.4% stake in VDL to Glencore International AG for a $250 million loan. Glencore Inte...
01 Jun, 2023, 12.46 AM IST
Vedanta set to launch $1 billion bond offeringWith its third such offering in 6 months, co aims to cut debt and pursue expansion
22 Feb, 2021, 09.02 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
Vedanta eyeing minority stake in Electrosteel SteelsElectrosteel has been under corporate debt restructuring scheme since 2013 with a debt of more than Rs 6,000 crore.
26 Apr, 2015, 11.45 AM IST
Sesa Goa, Sterlite Industries get shareholders nod for mergerThe merger is now subject to the approval of the High Court of Madras, Sterlite Industries said in a filing to the stock exchange.
25 Jun, 2012, 11.57 AM IST
- 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 ...
21 Jun, 2012, 04.38 PM IST
- 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...
19 Jun, 2012, 03.50 PM IST
- Vedanta set to merge Sterlite, Sesa Goa to cut debt
Sesa Goa, India's largest iron-ore exporter, will absorb Sterlite in an all-share transaction, says billionaire chairman Anil Agarwal.
26 Feb, 2012, 02.44 AM IST
- Vedanta's operating risk to increase post Cairn buy: S&P
Credit rating agency Standard & Poor's today said Vedanta's operating risk would increase if it acquires Cairn India, as the British entity...
15 Feb, 2011, 07.18 PM IST