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VEDANTA RESOURCES UPDATE
Vedanta shares surge over 7% on encumbrance releaseVedanta share price: Vedanta's shares surged over 7% after the company announced the release of encumbrances on its equity shares. The $1.2...- Vedanta stock gains as S&P upgrades UK Parent VRL’s ratingVedanta shares rallied as much as 4% on Friday after rating agency S&P Global Ratings upgraded the rating of its UK based parent, Vedanta R...
- Vedanta's plan to demerge businesses may face hurdles from shareholders, creditors: ReportVedanta's plan to demerge its businesses into separate entities may encounter challenges from its minority shareholders and creditors, acco...
- After Moody’s, S&P Global cuts Vedanta Resources’ rating; co placed under 'CreditWatch negative'The proximity of Vedanta Resources' large bond maturity in January 2024 has increased the likelihood of the company undertaking a liability...
- Vedanta shares tank over 6% to 52-week low on Moody's downgradeVedanta shares fell over 6% to hit a fresh 52-week low of Rs 210 on Wednesday after Moody's downgraded the corporate family rating for the ...
- CreditSights recommends ‘buy’ on VRL offshore bondsCreditSights, owned by Fitch Ratings, has recommended investors buy bonds of Vedanta Resources (VRL) with a high-risk appetite and a possib...
- Vedanta's aluminium output rises 2% to 5.84 lakh tonnes in second quarter of FY23The mined metal output at Zinc India during the July-September quarter also went up by 3 per cent to 2,55,000 tonnes over 2,48,000 tonnes i...
- Bond investors appear bearish on Vedanta ResourcesVedanta would look into buying an incremental 5% stake in Hindustan Zinc from the government, but the rest of the sovereign stake will be s...
- Vedanta boss dials in 'Maaji' on Mother's Day, daughter Priya Agarwal Hebbar captures special momentAnil Agarwal requested his mother to sing a devotional song for him.
- Raksha Bandhan special: Anand Mahindra thanks sisters for being his constants; Sajjan Jindal calls the sibling-bond 'eternal'Anil Agarwal said his sister, Suman, is his pillar of strength.
- Vedanta stock up 0.64%The stock quoted a 52-week high of Rs 246.9 and a 52-week low of Rs 61.95.
- Stock market update: Bandhan Bank, HUL among 14 stocks that hit fresh 52-week highsOverall, 16 shares were trading in the green among Nifty stocks.
- Vedanta posts Q4 adjusted loss of Rs 11,181 crore on impairment of goodwillNatural resources conglomerate Vedanta Ltd reported a fourth-quarter adjusted loss of Rs 11,181.26 crore, hurt by a non-cash charge of Rs 1...
- Sesa Sterlite shares see marginal gainShares of Sesa Sterlite gained marginally today on the bourses even as Norwegian sovereign wealth fund has been asked not to invest in the ...
- Norway's $810 biilion oil fund excludes Sesa SterliteNorway's finance ministry has told its $810 billion oil fund to stop investing in two Israeli firms and one Indian company on ethical groun...
- Vedanta planning to combine India operations in new holding firmIf approved, the new holding company will own controlling stakes in all of Vedanta's cos in India and would be a mammoth enterprise ranking...
- Vedanta's rejig to be confined to India operationsThe impending restructuring of Vedanta Group will be confined only to its operations in India and won't include the African business.
- Vedanta Resources group may merge iron ore firm Sesa Goa with copper and aluminium maker Sterlite IndustriesThe Vedanta Resources group may merge Sesa Goa with Sterlite Industries as it tries to simplify a complex corporate structure.
- Vedanta to rejig businesses; Sterlite may become holding firmVedanta is believed to be restructuring the group's various subsidiaries by making Sterlite Industries their holding company.
- Cairn to sell 51 pc stake in Indian unit to Vedanta by Apr 15Edinburgh-based Cairn Energy Plc today said it expects to conclude a USD 8.48 billion deal to sell up to 51 per cent stake in its Indian un...
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