Page 4 - Vedanta

Vedanta refunded ₹1,030 cr brand fee to unit after ED scrutiny: Viceroy

Viceroy Research alleges Vedanta Resources refunded ₹1,030 crore to Vedanta Ltd after ED scrutiny, raising questions over intercompany brand fee payments and governance

Hindustan Zinc CEO rejects Viceroy's brand fee allegations against Vedanta

Viceroy argued that this arrangement not only undermines transparency but also places legal and financial risks on HZL

BofA positive on Vedanta on improving credit profile, attractive valuation

Bank of America (BofA) Global Research has maintained a positive recommendation on securities issued by Vedanta Resources Ltd and its subsidiary, citing reduced holding company liquidity risk, cheaper debt, and lower reliance on dividends in the future. The firm's report follows allegations by a US-based short seller Viceroy Research of Vedanta Resources' structural subordination, reliance on brand fees/dividends to service debt and frequent changes in senior management. Vedanta Group has strongly rejected the allegations. "Even so, the holding company's liquidity risk has been reduced with a reduction in its debt to USD 5.3 billion by end of financial year (FY) 2025, driven by dividends and brand fees from its majority-owned Vedanta Ltd, and a 12 per cent stake sale in the latter (ownership reduced to 56.4 per cent as of FY25), and lower repayments (USD 450-650 million per annum) over the next three years with recent refinancing," the firm said. It also noted the moderation in ...

InGovern Research calls for regulatory safeguards against short sellers

InGovern flags regulatory gaps as offshore short-seller reports like Viceroy's Vedanta note trigger market volatility; urges SEBI to impose parity for investor protection

Hindustan Zinc stock gains 3% as Silver hits all time high; check details

Hindustan Zinc shares were quoting at ₹436.55, up 2.74 per cent compared to the previous day's close of ₹424.9

Vedanta's donations to BJP nearly quadruples to ₹97 cr in FY25: Report

Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Political donations totalled Rs 157 crore in 2024-25, up from Rs 97 crore in the previous financial year. While donations to the BJP soared, those to the opposition Congress were cut to just Rs 10 crore. The donations in fiscal year April 2024 to March 2025 (FY25) included "contributions to Bharatiya Janata Party of Rs 97 crore (Rs 26 crore in fiscal year ended March 31, 2024), Biju Janata Dal of Rs 25 crore (March 31, 2024: Rs 15 crore), Jharkhand Mukti Morcha of Rs 20 crore (March 31, 2024: Rs 5 crore) and All India Congress Committee of Rs 10 crore (March 31, 2024: Rs

In defence of short-sellers: Key to a balanced and functional market

Successful traders who use WSB and publicly announce their positions along with the rationale have inspired millions of followers who enthusiastically mirror their trades

Viceroy research vs Vedanta group: The 'Ponzi' row explained | JP Morgan | Vedanta share price

In the face of damaging allegations from American short-seller Viceroy Research, mining giant Vedanta has found an ally. Global brokerage JP Morgan has come to the defence of the Anil Agarwal

JP Morgan backs Vedanta after Viceroy report, says "not getting distracted"

Analysts at JP Morgan believe Vedanta is cheap within the Asian and emerging market (EM) metals and mining space

Short-seller flags Hindustan Zinc ₹1.5K cr 'brand fee' payment to Vedanta

The allegations place the next move squarely in the government's court, raising questions around Vedanta's compliance with its contractual obligations and governance standards in managing a company

Vedanta Chairman Anil Agarwal fends off Viceroy Research's volleys

Chairman vows transparency after US short-seller's allegations

Anil Agarwal unveils 3D strategy to double Vedanta's business size

Vedanta Chairman Anil Agarwal unveils a 3D strategy - demerger, diversification, deleveraging - to double the company's size and unlock value, aiming to create $100-billion businesses across sectors

Who is Viceroy Research? The short-seller targeting Vedanta's parent

Shares of Vedanta tanked up to 8 per cent in Wednesday's intra-day trade on the BSE amid heavy volumes, after Viceroy Research's report.

US short-seller Viceroy Research calls Vedanta a 'financial zombie'

Anil Agarwal-led Vedanta group rejected the allegations, calling the report "a malicious combination of selective misinformation and baseless allegations"

Vedanta stock tanks 8% as Viceroy Research shorts parent's debt

The US-based research firm Viceroy Research has turned short on Vedanta Resources, as it found the group's financial structure unsustainable and operationally compromised.

PM Modi pays tribute to Swami Vivekananda on 123rd death anniversary

Prime Minister Narendra Modi on Friday paid tributes to Swami Vivekananda, a monk and spiritual leader, on his 123rd death anniversary. "I bow to Swami Vivekananda Ji on his Punya Tithi. His thoughts and vision for our society remains our guiding light. He ignited a sense of pride and confidence in our history and cultural heritage. He also emphasised on walking the path of service and compassion," Modi said on X. The founder of Ramakrishna Mission, whose treatise on Vedanta and Hindu philosophy in general won him a large following, was born in modern-day Kolkata and died at the age of 39. His spiritual and philosophical output has been a source of inspiration for many, with Modi often citing him as a major influence for him.

Vedanta reports record alumina, ferro chrome output in Q1 FY26 results

Vedanta posts strong quarterly performance with record alumina and ferro chrome production, higher zinc output, and operational gains across key metals and power businesses

Stocks to Watch Today, July 3: DMart, Nykaa, PNB, Vedanta, Enviro Infra

Stocks to Watch Today, Thursday, July 3, 2025: PNB, Indian Bank, PVR, Tata Power, Motilal Oswal, Hindustan Zinc, Escorts Kubota, Voltas, and Max Financials are some of the top stocks to watch today

Vedanta edges higher ahead of NCLT's decision on demerger scheme

Vedanta's plea to demerge into four distinct entities is listed for final approval before the NCLT on Wednesday; stock rises 1.1 per cent ahead of the tribunal's decision

Vedanta shares rise 2% in trade after inking $600 mn facility agreement

Vedanta share price was up over 2 per cent after the company inked facility agreement with Twin Star Holdings and Welter Trading