Page 5 - Vedanta Ltd

Vedanta board to consider and approve third interim dividend on March 2

The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as March 10, the filing said

Vedanta to invest up to $20 bn in chip venture in India, roll out by 2025

Vedanta's group firm Avanstrate, which will spearhead the semiconductor business, expects to roll out electronic chips and displays from Indian manufacturing plants by 2025

Vedanta demerger call by March-end: Anil Agarwal

While the zinc business is already housed in a listed subsidiary, the plan is to demerge the aluminum, iron and steel, and oil and gas businesses into standalone listed entities

Vedanta to create $10-bn fund to bid for BPCL stake, other assets: Chairman

The fund will be made up of its own resources and outside investment, Agarwal said, adding that it may also finance the BPCL acquisition through debt

Vedanta up 5% as Tamil Nadu govt allows Sterlite plant to produce oxygen

The order, however, added that Vedanta cannot involve the plant in copper production or any other activities

Indices end near records; Sensex gains 529 pts; RIL up 2.5%, Infy dips 1%

Markets will remain shut on Friday on account of Christmas.

Vedanta: An interesting play if you have an appetite for risk, charts say

From the chart trends, one can clearly conclude that till Vedanta does not see strong buying and positive close, then the chances of the stock going up seem slim

Delisting failure: Vedanta execs, promoters to mull future action on Monday

Debt restructuring, proposal to approach Sebi for extension could be points of meeting agenda

Stock picks by Ajit Mishra of Religare Broking: Buy SBI Life, Wipro

SBI Life's stock is holding strongly above the support zone of 200 EMA on the daily chart

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Anil Agarwal replaces brother, for 1st time takes board position on Vedanta

Agarwal, 66, who turned a tiny scrap metal business into a mining conglomerate, had so far headed the board of London-headquartered Vedanta Resources

Vedanta to raise up to Rs 2,000 cr through non-convertible debentures

The company will hold a meeting of its committee of directors on Wednesday on this issue

Auto slowdown has no decipherable impact on Vedanta's performance: CEO

While reducing the cost of production to $1500 per tonne is our mid-term vision, we have given a guidance of $1725 to $1775 per tonne for the current fiscal

Vedanta spent Rs 10,000 cr on capex in FY19, plans another 55k cr

Vedanta stated that its growth plans will see it becoming the world's largest zinc producer and among the top three silver producers

Vedanta appoints Agnivesh Agarwal as chairman for power subsidiary

Agarwal is currently CMD at Fujairah Gold FZC, which is part of Vedanta Resources in UAE

Vedanta Ltd looks to curb alumina imports to 500,000 tonnes by FY21

Firm currently imports over 2 mn tonnes a year for its two smelters; a reduction in foreign material would help make its aluminium output more cost competitive

TN will challenge NGT order for reopening Sterlite plant in SC: Palaniswami

Supreme Court recently refused to stay a Madras HC order for a CBI probe against police officials for firing during the protests

As imports swell, Vedanta plans 25% ramp-up in downstream output

Aside from combating imports, Vedanta's proposal to expand the downstream, value-added portfolio is expected to boost its realisations

Vedanta wants US oil services consortium to develop 41 new blocks in India

HOUSTON (Reuters) - India's Vedanta Resources wants U.S. oilfield services companies to set up consortia to help develop the 41 blocks in India acquired this year by its Cairn Oil & Gas unit, the company's chairman said on Thursday.

Court grants interim relief to Vedanta, stays land allotment cancellation

The Tamil Nadu state government ordered a permanent closure of the plant, cancelled land allocated for expansion and disconnected power supply to the smelter in May