Page 6 - Vedanta Group

Vedanta-Foxconn demanded 'central govt alignment', Shinde's letter reveals

In his letter, Maharashtra CM Eknath Shinde said state was 'moving expeditiously' on request and invited the Chairman for MoU ceremony on July 29.

Indian semiconductor industry may benefit from the proposed US CHIPS Act

US Chips act has a total outlay of $53 billion, five times India's PLI scheme for semiconductors which amounts to $10 billion

Sterlite Power forms RE firm for projects serving commercial clients

Serentica Renewables will supply 600 MW to Vedanta Group, set up energy storage capacity in three states

Vedanta eyes $100-bn revenue by 2030, capex of about $3-bn in next two yrs

Agarwal pointed to the acquisition of Goa-based Nicomet (in December 2021), which has made Vedanta the only producer of nickel in India

India Inc's green push gets a fillip with amended Energy Conservation Bill

Share of thermal energy for manufacturing companies almost 95%

Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share

So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore

Vedanta Group eyes $3.5-bn turnover from chip biz, one-third from exports

Vedanta Group's global managing director of display and semiconductor business said their JV partner Foxconn has all the agreements and required technologies in place to start making electronic chips

Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier

Fund to be raised via 10-yr bonds; another Rs 2K cr to come via 18-month papers

Copper plant sale offer 'diversionary,' says anti-Sterlite group in TN

'Vedanta may sell its machinery and equipment, but the land should revert to the government. The land must be allotted only to agro-based units by the government'

Vedanta to modify design of waste heat recovery plant in Goa

This is in line with Vedanta's efforts towards reducing the carbon footprint

Visa scam case: Karti Chidambaram likely to appear before CBI on Wednesday

Karti, who has gone on a trip to the UK and Europe with the permission of the Supreme Court and a special CBI court, is scheduled to return on Tuesday

Centre woos semiconductor makers in quest to become key global player

India will provide support for companies looking to invest in semiconductor manufacturing, Prime Minister Narendra Modi said on Friday

Vedanta Q4 net profit drops 10% to Rs 5,799 crore, but Ebitda highest ever

The company reported an exceptional loss of Rs 330 crore in Q4, mainly in its copper division, which contributed to the drop in its net profit for the period

Vedanta's shares gain over 7% as CRISIL upgrades long-term ratings

On the BSE, the company's shares ended 7.28 per cent higher at Rs 362.5 apiece

Top headlines: RIL to invest Rs 5.9 trn in Gujarat; BPCL gets a price tag

Business Standard brings you the top headlines on Thursday

Vedanta group entities withdraw multiple tax disputes with Indian govt

With this, the group is a step nearer to closing the dispute on withholdings tax with Cairn India

Hindustan Zinc board approves interim dividend of Rs 18 per share for FY22

The interim dividend will be paid within stipulated timelines, the company said

Hindustan Zinc mined metal production rises 4% to 2,48,000 tonnes in Q2

The company's mined metal production was at 2,38,000 tonnes in the year-ago period.

Runaya in talks with Hindalco, NALCO for setting up dross recycling plants

Runaya, founded by brothers Naivedya and Annanya Agarwal, is a start-up led by the next-gen of Vedanta Group

NCLT clears Videocon sale to Vedanta group firm Twinstar Technologies

Twinstar had offered to pay Rs 2,962 crore to the lenders of Videocon Industries which was saddled with debt of Rs 46,000 crore