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Vedanta

Stocks to Watch, Dec 12: From Swiggy to Jubilant Foodworks, here are some stocks that will be on investors radar today

Updated On: 12 Dec 2024 | 7:48 AM IST

The stock price also reached global brokerage CLSA's and Motilal Oswal's target price of Rs 520 per share

Updated On: 11 Dec 2024 | 11:18 PM IST

Stocks to Watch, Dec 11: From RIL to Awis Space Solutions, here is a list of stocks that will be in the spotlight today

Updated On: 11 Dec 2024 | 7:39 AM IST

Vedanta plans to challenge GST orders as it disputes penalties over transitional credit from FY18

Updated On: 10 Dec 2024 | 3:02 PM IST

Kumar Mangalam spoke of the history of BITS Pilani, which his family founded almost a century ago. The institution has given thousands of dynamic leaders and entrepreneurs to the world

Updated On: 10 Dec 2024 | 12:59 AM IST

Last month, Vedanta said that demerger on track and in its final stages, with shareholder and creditor meetings scheduled in the coming months.

Updated On: 06 Dec 2024 | 2:56 PM IST

Stocks to Watch, Dec 4: From Adani Group to Swiggy, here is a list of stocks that will be in spotlight today

Updated On: 04 Dec 2024 | 9:49 AM IST

Meanwhile, Adani Energy Solutions has raised Rs 8,373 crore via QIP in August, making it the largest fundraise in the Indian power sector.

Updated On: 29 Nov 2024 | 10:40 AM IST

From Adani Group of stock to Vedanta, here is a list of shares that will remain in focus today

Updated On: 28 Nov 2024 | 7:19 AM IST

From NTPC to Wipro here is a list of stock that will be on investors' radar today

Updated On: 27 Nov 2024 | 7:20 AM IST

UK-based Vedanta Resources, the parent of India's Vedanta, has raised USD 800 million from global investors through a new bond issue. The proceeds will be used to prepay the company's outstanding debt due in 2028. Vedanta Resources Finance II PLC (VRF) said in a Singapore exchange filing that it has raised USD 800 million by issuing new bonds. The issue comprises two tranches of bonds -- one with an aggregate principal amount of USD 300 million of 10.25 per cent bonds due in 2028 and the other involving an aggregate principal amount of USD 500 million of 11.25 per cent bonds due in 2031. The bids were received from existing as well as new set of investors across Asia Pacific, Europe, the Middle East and Africa (EMEA), and the US with more than 90 per cent participation from asset/fund managers across both tranches. As per VRF's stock exchange notification, the final allocation of the bonds includes 32 per cent from Asia, 36 per cent from EMEA, and 32 per cent from US for the bonds

Updated On: 26 Nov 2024 | 11:40 PM IST

Catch all the latest news updates from around the world here

Updated On: 26 Nov 2024 | 11:07 PM IST

The kingdom's growing mining industry is part of the Vision 2030 plan to diversify the economy and cut reliance on fossil fuels.

Updated On: 26 Nov 2024 | 5:30 PM IST

Stocks to Watch, Nov 26: Here is a list of stocks that will be in focus for today's session

Updated On: 26 Nov 2024 | 8:34 AM IST

The issue, which could raise as much as $500 million, is the first since the Adani crisis and will test global appetite for Indian high yield credit following the allegations against Adani

Updated On: 25 Nov 2024 | 11:44 PM IST

Vedanta Resources Finance II Plc's notes due in April 2026 have climbed nearly to par, after touching a low of about 60.4 cents in January

Updated On: 25 Nov 2024 | 1:17 PM IST

Here is a list of stocks that will be eyed by investors and traders for today's session

Updated On: 25 Nov 2024 | 7:52 AM IST

Mining major Vedanta Ltd on Friday said the Mumbai bench of the NCLT has asked the company to call for a meeting of its secured and unsecured creditors and shareholders in the next 90 days to discuss the proposed demerger. The proposed demerger will create independent companies housing aluminium, oil and gas, power, steel and ferrous materials, and base metals businesses. The existing zinc and new incubated businesses will remain under Vedanta Ltd. "A meeting of the equity shareholders... be convened and held within 90 days from the date of receipt of the order," said a two-member bench of the National Company Law Tribunal (NCLT) comprising Technical Member Madhu Sinha and Judicial Member Reeta Kohli in its order dated November 21. Vedanta Chairman Anil Agarwal had earlier said the proposed demerger of the company's diverse verticals that represent more than 15 commodities will see it progress from being asset managers to asset owners. As the company passes through the transition .

Updated On: 22 Nov 2024 | 8:20 PM IST

The firm had planned to raise funds via dollar denominated bonds maturing in three years and six months

Updated On: 21 Nov 2024 | 4:22 PM IST

Vedanta Aluminium on Wednesday said it has entered into a pact with state-owned gas utility GAIL (India) Ltd for supply of natural gas to its smelter at Jharsuguda in Odisha. The country's leading aluminium producer has entered into gas sales agreement with GAIL Gas Ltd, a subsidiary of GAIL (India) Ltd. This transition to natural gas, likely to be operational by the end of next year, will lower the carbon footprint, reduce emissions by an estimated 47,292 tonnes of CO2 equivalent annually, Vedanta Aluminium said in a statement. Vedanta is committed to achieving net zero emissions by 2050, by implementing a dual strategy that includes increasing renewable energy usage while also creating carbon sinks through afforestation efforts, it said. "Our partnership with GAIL Gas Ltd is a testament to our commitment to reducing carbon emissions and embracing cleaner energy solutions," Priya Agarwal Hebbar, Non-executive Director at Vedanta and Chairperson of Hindustan Zinc Ltd, said. GAIL G

Updated On: 20 Nov 2024 | 5:17 PM IST