Vedanta

Vedanta's Zambia copper unit faces going-concern warning in SEC filing

CopperTech Metals, preparing for a US listing, said Konkola Copper Mines will require continued financial support from Vedanta to sustain operations and fund expansion plans

Court orders probe into alleged illegal fly ash dumping by Vedanta unit

Jharsuguda court directs police to register an FIR and investigate allegations of unauthorised fly ash dumping near the Bheden river by Vedanta Aluminium.

Vedanta rebrands copper, nickel businesses as Vedanta Copper, Nickel

Vedanta Ltd on Monday said it has rebranded its copper and nickel businesses as Vedanta Copper and Vedanta Nickel, respectively, as part of the diversified multinational group's strategy to create sector-focused identities. The company said that all copper operations will be unified under Vedanta Copper, including Sterlite Copper, Fujairah Gold and Vedanta Copper International (VCI). VCI will be the international wing of Vedanta Copper, representing operations at Faujairah and Saudi Arabia. Vedanta Nico, renamed as Vedanta Nickel, will sharpen its focus on building a domestic nickel ecosystem and supporting the country's demand for critical minerals. The new brand identities will be rolled out across business operations and stakeholder touchpoints in a phased manner. Both businesses will continue to operate under Vedanta Ltd. "Vedanta's copper and nickel businesses announced their transition to unified sector-focused brand identities Vedanta Copper and Vedanta Nickel as part of t

ED carries out searches against Vedanta Group as part of Fema probe

The Enforcement Directorate on Tuesday conducted searches against the Vedanta Group as part of a FEMA probe, officials said. They said the action was going on. The searches are part of a Foreign Exchange Management Act (FEMA) violation investigation, they said. More details are yet to be ascertained. An official statement from the company is awaited.

Road to contentious Sijimali bauxite block gets final forest clearance

The Centre has approved diversion of forest land for a key access road to the Vedanta-linked Sijimali bauxite block, while legal challenges to the project continue

Need uniform policy for below-the-ground sector: Vedanta's Anil Agarwal

Vedanta chairman Anil Agarwal says the group's demerger will unlock massive growth, while urging India to liberalise mining and energy policies to boost domestic production

ONGC yet to take control of Cambay Block as Vedanta challenges govt move

State-owned Oil and Natural Gas Corporation (ONGC) has yet to take operational control of the Cambay basin block CB-OS-02 in Gujarat after Vedanta challenged the government's decision not to extend the block's contract term. The Ministry of Petroleum and Natural Gas, through a September 19, 2025, directive, rejected an extension of the contract for the block, in which ONGC holds a 50 per cent participating interest, Vedanta holds 40 per cent, and Invenire Petrodyne Limited holds 10 per cent. Following the government's decision, ONGC said it was instructed to immediately take over operations of the block and deployed an operational team to Suvali in Gujarat from September 20, 2025. However, the company said Vedanta has not yet handed over operations. "Pursuant to the Government of India directive, ONGC requested Vedanta for the immediate handover and deployed its operational team at Suvali, Gujarat, from September 20, 2025. However, Vedanta has not yet handed over the operations," ON

Odisha govt to review Vedanta's ₹2 trillion investment plans every 15 days

The Odisha government will review Vedanta Group's proposed industrial projects every fortnight to accelerate implementation and ensure timely execution of investments

Nifty Metal index soars 3%; Nalco, Hindalco, Tata Steel rally up to 5%

Since April, the Nifty Metal index has zoomed 25 per cent, as against 7.2 per cent gain in Nifty 50.

Vedanta unit Talwandi Sabo Power faces ₹127 cr penalty after SC ruling

Vedanta Ltd has said that its subsidiary Talwandi Sabo Power Ltd (TSPL) has been held liable to pay approximately Rs 127 crore, plus applicable late payment surcharge, to Punjab State Power Corporation Ltd (PSPCL) following a Supreme Court judgment. In a regulatory filing on Thursday, Vedanta said the Supreme Court has set aside the judgment passed by the Appellate Tribunal for Electricity (APTEL), and has restored the order passed by the Punjab State Electricity Regulatory Commission (PSERC). By the said order, the apex court has upheld the alleged penalty on TSPL for misdeclaration of availability for January 2017 in terms of the Grid Code, along with the applicable Late Payment Surcharge, the filing said. Talwandi Sabo Power Ltd is a 1,980 MW super-critical coal-based thermal power plant located at Banawala in Mansa district, Punjab. The filing further said that TSPL will pay an amount of approximately Rs 127 crore and applicable Late Payment Surcharge to PSPCL. TSPL supplies 1

SC to hear tax department plea against Vedanta relief in TDS dispute

The Supreme Court agreed to examine the Income Tax Department's plea against a Madras High Court ruling that granted Vedanta partial relief in a TDS dispute

Hindustan Zinc, Vedanta rally up to 6% on huge volumes; here's why

The government today increased the import duty on gold and silver from 6 per cent to 15 per cent; analysts see this as a positive move for Hindustan Zinc.

Nifty, Bank Nifty strategy; 3 stock recommendations by Motilal Oswal

Chandan Taparia of Motilal Oswal decodes how to trade Nifty and Bank Nifty today; here are stock bets and strategy

Metal stocks shine in weak market: Hind Zinc, Vedanta up 4%; top picks here

Analysts said that the metal space is again a renewed strength after a healthy consolidation phase. They said that strong metal prices will help support or boost the company's profits going forward.

Adani files caveat in SC amid likely Vedanta appeal in JAL insolvency case

Adani Enterprises has moved the Supreme Court with a caveat after NCLAT upheld its resolution plan for Jaiprakash Associates and dismissed Vedanta's objections

Vedanta soars 17% in 3 days, hits new high post demerger; more upside left?

At 11:32 AM on Wednesday, Vedanta quoted 3 per cent higher at ₹312.65 on the BSE, as compared to a 0.26 per cent rise in the BSE Sensex.

Vedanta outlines mega expansion across aluminium, oil, power post demerger

Vedanta plans to double aluminium capacity, scale oil output and expand power portfolio as it pursues aggressive growth across sectors following its demerger

Boost your portfolio with these top 15 Nifty500 high dividend yield stocks

At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent

Vedanta demerger: 4 new companies may list on stock exchanges by mid-June

Market participants expect four new demerged businesses of Vedanta Group to likely list on the exchanges by mid June

Vedanta demerger: How five new companies stack up against peers? Decoded

Vedanta's demerger is expected to improve transparency, enable focused capital allocation, and unlock value by allowing each business to be independently valued