Debt maturities to stay elevated in Fy23; Fy24
What we're really seeing is two companies petitioning the government for corporate welfare as it offers $7 bn of enticements to boost electronics manufacturing.
Some troops in Russia's military districts adjacent to Ukraine are returning to their bases after completing drills, Russia's defence ministry was quoted as saying
The Vedanta Group had in January shared its intent to invest $15 billion for making displays and semiconductor chips in India over the coming five years
Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to boost electronic chip and display ecosystem
Shares of Steel Authority of India (SAIL) may decline another 10 per cent
Anil Agarwal company to invest $500 mn in LCD facility
The FY23 Budget's nominal GDP assumptions factor in an expectation that the deflator will show a 'reversal to the mean' in the coming year, finance secretary TV Somanathan said
Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL
BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results
Its consolidated income during the October-December period increased to Rs 34,674 crore from Rs 23,621 crore in the year-ago period
For the week, the Sensex and the Nifty indices are down 3% each
The whole world wants to visit India and there is a potential to increase tourism by 10 times, since the country has 10,000 years of rich history, he said
The company is already in discussions with stakeholders in Saudi Arabia
Vedanta chairman Anil Agarwal expects India to open the bids for BPCL in March
Vedanta on Thursday said it has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha.
Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs; two Tata Group stocks zoom over 2,400% in one year; Vedanta slides over 6% on weak Oct-Dec aluminium output
The total production at Zinc-International for the third quarter of FY22 was 52,000 tonnes
Vedanta Ltd on Monday said a committee of directors has approved raising up to Rs 1,000 crore through non-convertible debentures (NCDs) on private placement basis. The meeting was held on Monday, Vedanta said in a filing to BSE. "The duly authorised committee of directors at its meeting ...considered and approved offering for subscription, on a private placement basis, up to 10,000 nos secured, rated, listed, redeemable, NCDs....aggregating up to Rs 1,000 crore," the filing said. Vedanta, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa and Namibia.
Westglobe held 1.19 percent stake in Vedanta which upon selling entirely to Vedanta Holdings Mauritius, takes the latter's holding to 4.08 percent from 2.89 percent as on 30 September, 2021