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Byju's CFO Quits And Rejoins Vedanta To Oversee Restructuring
Vedanta Ltd. has picked the chief financial officer of ed-tech titan Byju's to replace the current finance head, who is said to have quit after a few months in the job, ahead of an ambitious restructuring at Anil Agarwal's mining conglomerate.
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Vedanta Assures Investors Are Lined Up as Foxconn Withdraws From $19 Billion Deal
Taiwan's Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal's Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. In a statement, Foxconn, the world's largest contract electronics maker, said it "has determined it will not move fo...
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Vedanta Resources Reduces Gross Debt By $1 Billion
Vedanta Resources Limited (Vedanta), the parent company of Mumbai-listed mining giant Vedanta Ltd, todaysaid it has paid all its maturing loans and bonds due in this month to reduce its gross debt by a further $1 billion.
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Billionaire Mining Tycoon In India Fights To Clear Vedanta's Debt
Billionaire tycoon Anil Agarwal's Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 - half of which is due in January.
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Talks Of Any Stake Sale "Untrue And Baseless": Vedanta
Billionaire Anil Agarwal-led Vedanta Ltd said on Thursday that talks of any stake sale in the mining major was "untrue and baseless".
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Vedanta's Debt-Cut Plan At Risk As India Opposes $3 Billion Asset Sale
Vedanta Resources' efforts to manage its debt load were dealt a blow after the government opposed the mining conglomerate's proposed $2.98 billion deal to move certain zinc assets from its flagship company to another in which it is a majority shareholder.
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Hindustan Zinc To Invest $1 Billion On Shift To Battery-Operated Mining Vehicles
Hindustan Zinc (HZL), which is also the sole manufacturer of silver and the largest maker of zinc and lead in the country, is already running four of its 900 mining vehicles on battery on a pilot basis.
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Vedanta Announces Third Interim Dividend Of Rs 17.50 Per Equity Share
Mining giant Vedanta on Monday announced the third interim dividend of Rs 17.50 per equity share for the current financial year, amounting to Rs 6,505 crore.
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This African Nation Wants Indian Firms Like Vedanta To Mine Its Oil, Gold
Landlocked in the heart of Africa, the Central African Republic is seeking Indian investors to mine its abundant natural resources ranging from oil, uranium and lithium to gold, diamonds, iron ore and copper.
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Vedanta's $20 Billion Gujarat Deal Won't Chip Away At Liquidity: Report
Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday.
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India's First Chip Factory, $20 Billion, In Gujarat: 10-Point Guide
Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn will invest Rs 1.54 lakh crore to set up India's first semiconductor production plant in Gujarat.
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Vedanta Selects Gujarat for $20 Billion Semiconductor Project in Partnership With Foxconn: Report
Vedanta, the Indian multinational mining company has reportedly selected Gujarat for its semiconductor project. This will be the company’s first major step in its $20 billion (roughly Rs. 1,59,070 crore) joint venture with the Taiwanese electronics manufacturer Foxconn.
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Vedanta Shares Climb After Second Interim Dividend Announcement
Shares of mining major Vedanta witnessed a sharp rise in prices on Wednesday after the company announced a second interim dividend for the financial year 2022-23.
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JSW Steel, Vedanta Among Bidders For Commercial Coal Mines Auctions
Government on Tuesday said 31 companies, including JSW Steel and Vedanta Ltd have submitted bids for 24 mines under commercial coal mines auctions
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NTPC, Vedanta And 16 Others Issued Show Cause Notices For Delay In Coal Mines Operations
Government has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco for delays in operating coal blocks
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Byju's CFO Quits And Rejoins Vedanta To Oversee Restructuring
Vedanta Ltd. has picked the chief financial officer of ed-tech titan Byju's to replace the current finance head, who is said to have quit after a few months in the job, ahead of an ambitious restructuring at Anil Agarwal's mining conglomerate.
-
Vedanta Assures Investors Are Lined Up as Foxconn Withdraws From $19 Billion Deal
Taiwan's Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal's Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. In a statement, Foxconn, the world's largest contract electronics maker, said it "has determined it will not move fo...
-
Vedanta Resources Reduces Gross Debt By $1 Billion
Vedanta Resources Limited (Vedanta), the parent company of Mumbai-listed mining giant Vedanta Ltd, todaysaid it has paid all its maturing loans and bonds due in this month to reduce its gross debt by a further $1 billion.
-
Billionaire Mining Tycoon In India Fights To Clear Vedanta's Debt
Billionaire tycoon Anil Agarwal's Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 - half of which is due in January.
-
Talks Of Any Stake Sale "Untrue And Baseless": Vedanta
Billionaire Anil Agarwal-led Vedanta Ltd said on Thursday that talks of any stake sale in the mining major was "untrue and baseless".
-
Vedanta's Debt-Cut Plan At Risk As India Opposes $3 Billion Asset Sale
Vedanta Resources' efforts to manage its debt load were dealt a blow after the government opposed the mining conglomerate's proposed $2.98 billion deal to move certain zinc assets from its flagship company to another in which it is a majority shareholder.
-
Hindustan Zinc To Invest $1 Billion On Shift To Battery-Operated Mining Vehicles
Hindustan Zinc (HZL), which is also the sole manufacturer of silver and the largest maker of zinc and lead in the country, is already running four of its 900 mining vehicles on battery on a pilot basis.
-
Vedanta Announces Third Interim Dividend Of Rs 17.50 Per Equity Share
Mining giant Vedanta on Monday announced the third interim dividend of Rs 17.50 per equity share for the current financial year, amounting to Rs 6,505 crore.
-
This African Nation Wants Indian Firms Like Vedanta To Mine Its Oil, Gold
Landlocked in the heart of Africa, the Central African Republic is seeking Indian investors to mine its abundant natural resources ranging from oil, uranium and lithium to gold, diamonds, iron ore and copper.
-
Vedanta's $20 Billion Gujarat Deal Won't Chip Away At Liquidity: Report
Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday.
-
India's First Chip Factory, $20 Billion, In Gujarat: 10-Point Guide
Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn will invest Rs 1.54 lakh crore to set up India's first semiconductor production plant in Gujarat.
-
Vedanta Selects Gujarat for $20 Billion Semiconductor Project in Partnership With Foxconn: Report
Vedanta, the Indian multinational mining company has reportedly selected Gujarat for its semiconductor project. This will be the company’s first major step in its $20 billion (roughly Rs. 1,59,070 crore) joint venture with the Taiwanese electronics manufacturer Foxconn.
-
Vedanta Shares Climb After Second Interim Dividend Announcement
Shares of mining major Vedanta witnessed a sharp rise in prices on Wednesday after the company announced a second interim dividend for the financial year 2022-23.
-
JSW Steel, Vedanta Among Bidders For Commercial Coal Mines Auctions
Government on Tuesday said 31 companies, including JSW Steel and Vedanta Ltd have submitted bids for 24 mines under commercial coal mines auctions
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NTPC, Vedanta And 16 Others Issued Show Cause Notices For Delay In Coal Mines Operations
Government has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco for delays in operating coal blocks
