Page 5 - Vedanta

Stocks to Watch today: Adani Ent, Vedanta, Texmaco, Metropolis, JSW Energy

Stocks to Watch today: Adani group, Vedanta, Texmaco Rail, Metropolis Healthcare, JSW Energy and John Cockerill are among the stocks to watch today, September 19, 2025

Govt clears 5 projects under new geothermal energy policy, eyes subsidies

The government has cleared five geothermal energy projects under its first policy, with potential subsidy support and global collaborations to boost clean energy development

NCLT postpones final hearing on Vedanta demerger plan to October 8

The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta's ambitious demerger proposal to October 8, as the Ministry of Petroleum and Natural Gas objected to the scheme, citing a lack of necessary disclosures. The Mumbai bench of NCLT also directed Vedanta and the ministry to file written submissions in five days. The counsel representing the Ministry of Petroleum and Natural Gas told the tribunal that they are asking about the details of the RJ block, and sought clarifications on disclosures. The counsel further said the ministry also wants disclosures on the concealment of facts, which includes showing the exploration blocks as Vedanta's assets and details of the loan taken on the basis of those assets. "As a regulator and a creditor, it is my duty to bring all these facts before the tribunal to show that whether the scheme is clear or it is opaque. We are asking for disclosures on the RJ-ON-90/1 Oil and Gas Block, an operating oil and gas block in ..

Vedanta CEO warns US tariffs risk slowing global energy transition

Vedanta CEO Deshnee Naidoo cautioned that US tariffs could slow global decarbonisation, stressing India must prioritise critical minerals and domestic value chains

Vedanta in process of acquiring land for 3 MTPA aluminium smelter in Odisha

Vedanta is in the process of acquiring land for its 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, a top company official said on Wednesday. "We are moving towards setting up a new mega aluminium plant at Dhenkanal, Odisha, (with a capacity of) three million tonnes," Rajiv Kumar, Chief Executive Officer for the Aluminium business at Vedanta, said. Currently, the company's total capacity stands at 3 million tonnes. "We want to go to six million tonnes, for which we are actively involved in land acquisition, and hopefully things are progressing very well," Kumar said. He was speaking to reporters on the sidelines of ALUMEX India 2025, organised by Aluminium Extrusion Manufacturers Association of India (ALEMAI) in the national capital during September 10-13. This green aluminium smelter, he said, has the potential to create over two lakh jobs. On the investment to be made in the said plant, he said that "Aluminium is very heavy on investment and is a ...

$2 bn-bid for Jaiprakash Associates 'credit negative' for Vedanta

Vedanta's acquisition of debt-laden Jaiprakash Associates raises concerns about leverage, free cash flow pressures and exposure to volatile sectors

Vedanta shares drop 3% as analysts raise 'concern' on ₹17,000-cr JAL offer

Vedanta shares fell 3 per cent after Nuvama raised "concerns" on the company emerging as the top bidder for bankrupt JAL

Vedanta invests ₹12,500 crore to expand metals output for EV industry

Vedanta has invested Rs 12,500 crore to expand aluminium, zinc, copper, steel, nickel and ferrochrome capacity to support the growing demand from India's EV industry

SC Judge Chandran recuses from PIL seeking probe into Viceroy-Vedanta case

Supreme Court judge Justice K Vinod Chandran on Monday recused from hearing a plea seeking directions to authorities to investigate allegations made by US short seller Viceroy Research that billionaire Anil Agarwal's mining conglomerate was "financially unsustainable" and posing severe risk to creditors. Taking note of Justice Chandran's recusal, the bench also comprising Chief Justice of India B R Gavai and Atul Chandurkar adjourned the plea filed by advocate Shakti Bhatia. Bhatia, in his plea, contended that he independently corroborated portions of the Viceroy report, particularly regarding undisclosed related-party transactions, by reviewing MCA21 filings, SEBI disclosures and Registrar of Companies records. The petition submitted that certain high-value transactions involved counterparties neither declared as related parties nor subjected to shareholder approval as mandated. Viceroy Research had released a report charging billionaire Agarwal's mining conglomerate as "financial

JAL bid: Vedanta offers ₹4,000 cr upfront payment, rest over 5-6 years

With this, the Anil Agarwal-owned mining conglomerate's bid carries a net present value of ₹12,505 crore in the auction conducted by lenders to find buyers for JAL

Vedanta outbids Adani to buy bankrupt JAL with ₹17,000 crore offer

The bid, with a net present value (NPV) of ₹12,505 crore, is the highest recovery plan placed so far for the debt-laden company, the people said

Vedanta beats Adani with ₹17,000 cr bid to acquire debt-ridden JAL

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore. JAL, which has interests in real estate, cement, power, hotels and roads, has been dragged into insolvency proceedings after it defaulted on payment of loans. Lenders of JAL conducted a challenge process for the sale of the company under the IBC. Multiple bidders participated in the process, but in the end, firm bids were placed by only two entities, Adani and Vedanta Group. Vedanta eventually made a winning bid of Rs 17,000 crore, which translated into a NPV (net present value) of Rs 12,505 crore, beating Adani Group, sources said. The Committee of Creditors (CoC) meeting was held on September 5 to conduct the challenge process. Financial creditors have claimed a staggering Rs 57,185 crore in unpaid

India Inc bonds resilient amid record trade costs from US tariffs: Barclays

Barclays says Indian corporates will face margin compression but remain supported by strong leverage, liquidity and domestic demand as US tariffs hit $55 bn exports

Dividend, bonus issue: Vedanta, HDFC Bank, 12 others to remain in focus

Here is the complete list of stocks that will remain in the spotlight today following their announcement of corporate actions such as dividends, and bonus share issues

Looking for passive income? Here are 10 stocks with highest dividend yields

The top 10 companies with the highest dividend yields included PTC India, MSTC, Vedanta, Akzo Nobel India, Coal India, NMDC, Hindustan Zinc, La Opala RG, Ashok Leyland, and National Aluminium Company

Stocks to Watch today, Aug 22: Apollo Hospitals, Eternal, Hindalco, Vedanta

Stocks to Watch today, August 22, 2025: IDBI Bank, Karnataka Bank, Wipro, Hindalco are among the few stocks that will be on investors' radar; here's why

Vedanta approves ₹6,256 cr interim dividend; VRL to get ₹3,503 cr

Vedanta's board cleared a ₹16-a-share interim dividend totalling ₹6,256 crore, with 56 per cent set to flow to parent Vedanta Resources as it battles heavy debt

Vedanta board approves second interim dividend of ₹16 per share for FY26

Mining major Vedanta Ltd on Thursday said its board has approved the second interim dividend of Rs 16 per share for the current fiscal, amounting to an outgo of Rs 6,256 crore. The company had earlier announced a dividend of Rs 7 per share in June this year. The first dividend had led to an outflow of Rs 2,737 crore. "The board of directors of Vedanta Ltd at its meeting held today...has considered and approved the second interim dividend of Rs 16 per equity share on face value of Re 1 per equity share for financial year 2025-26 amounting to Rs 6,256 crore," the company said in a filing to BSE. The record date for the payment of dividend will be August 27, 2025, it said. Vedanta had announced a total dividend of Rs 43.50 per share in last financial year.

Is Vedanta stock a BUY or SELL at current price? Here's what chart suggests

Trading strategy in Vedanta as the company battles demerger process, and aims to reward shareholders with regular dividends. Charts hint at up to 24 per cent upside potential for the share price.

Bills on arrested ministers, online gaming tabled; Vedanta demerger row; Delhi CM attacked & more

Amid protests by the Opposition, Union Home Minister Amit Shah tabled the Constitution (130th Amendment) Bill, 2025, which seeks the removal of any Central or State minister.