Page 10 - Vedanta

Stocks to Watch, Dec 4: Swiggy, Adani Group shares, Vedanta, GMR Airports

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

Fundraising via QIP hits Rs 1 trillion for the first time ever in history

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

Stocks to Watch, Nov 28: Vedanta, BoB, HDFC Bank, Adani Group shares, BoI

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

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One

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

Vedanta Resources raises $800 mn from global investors via new bond issue

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

Highlights: Sebi introduces mark-to-market basis valuation for repo transactions by mutual funds

Catch all the latest news updates from around the world here

Saudi Arabia signs $9 bn metals deals with firms including Vedanta, Zijin

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

Stocks to Watch, Nov 26: HUL, SBI, Coal India, IndiGo, Adani Group shares

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

Vedanta to proceed with dollar bond sale in first post-Adani credit test

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

Vedanta tests offshore dollar bond demand amid Adani-induced uncertainty

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

Stocks to Watch: Adani Group stocks, Zomato, RIL, Vedanta, Hero MotoCorp

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

Vedanta demerger: NCLT clears way for meetings of shareholders, creditors

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 .

Vedanta Resources delays dollar bond issue over Adani-linked allegations

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

Vedanta Aluminium inks pact with Gail for natural gas supply at Odisha unit

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

NALCO, Hindalco, Vedanta surge up to 9% as China cancels export tax rebates

The development is likely to curtail China's aluminium exports, thereby tightening global supply and driving up prices, ICICI Securities said

Vedanta aims to increase production across segments: Chairman Anil Agarwal

Vedanta Chairman Anil Agarwal on Saturday said the metal and mining conglomerate looks to increase production across segments including crude oil and zinc. "We are going to produce five hundred thousand barrels of oil and gas...so many other things they are doing, but these are the major thing for me to do..." Agarwal said at the HT Leadership Summit 2024 here. He also termed the closure of Tuticorin copper plant in Tamil Nadu as one of his smallest failures as a businessman. "Tuticorin is one of the smallest failures. More failure you have, the more success you will get. This (failure) is the first ladder for your success," Agarwal said remembering the incidents that led to the closure of the copper unit. In the near future, Vedanta is aiming to double the production levels of its subsidiary Hindustan Zinc, increase oil production at Cairn Oil & Gas to 3 lakh barrels of oil equivalent per day, and increase the capacity at its aluminium smelter to 3 million tonnes per annum, ...

SC dismisses Vedanta's review petition to reopen copper plant in Tamil Nadu

The Tamil Nadu govt closed the plant after 13 people were killed during a protest against environmental and public health impact of the Sterlite Copper unit

HZL wins gold block, marks Vedanta group's entry into yellow metal business

Says it has been declared the "preferred bidder" for the Dugocha Gold Block, as confirmed by the Department of Mines and Geology, Rajasthan, via a notification dated November 15

Vedanta slumps 15% from Sept 30 peak: is it a good entry point?

Strong Q2 performance, improved earnings visibility keeps analysts bullish on the counter

Vinay Rajani of HDFC Securities recommends selling these 2 stocks today

Nifty has remained oversold for some time and it may be late for some profit booking. We may still see sell on rises in the near term