Page 50 - Vedanta

India Ratings revises Vedanta's outlook to positive from stable

The outlook revision reflects a likely improvement in the operational cash flow for FY22 and FY23 because of a significant increase in the operating profitability, says rating agency

Third straight gain for Sensex, up 384pts, Nifty tops 17k; Medplus up 41%

The broader markets also finished with significant gains with the BSE Midcap & Smallcap indices up 1 per cent and 0.7 per cent, respectively. IT, financials and energy shares were the top gainers.

Vedanta plans to raise up to Rs 1,000 cr through non-convertible debentures

Vedanta Ltd on Wednesday said it plans to raise up to Rs 1,000 crore through non-convertible debentures (NCDs). In this regard, the company is holding a meeting of its duly constituted committee of the directors next week, Vedanta Ltd said in a filing to the BSE. "The company proposes to offer rated, secured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 1,000 crore," the filing said. The above issuance is pursuant to the board of directors' resolutions passed at their meeting held on May 7, 2019, and October 3 last year. Vedanta Ltd is a diversified natural resources company whose business primarily involves producing oil and gas, zinc-lead-silver, copper, iron ore, aluminium and commercial power.

Vedanta continues its support against the Covid-19 pandemic in Zambia

Vedanta Limited has significant operations across India, South Africa and Namibia

Stocks to Watch: Axis Bank, Adani, Wipro, McLeod, Vedanta, Railtel, V-Guard

MapmyIndia will be making its debut today, and is expected to list at a premium

Partial recovery! Sensex ends 166pts down; ITC slips 3%, PowerGrid gains 4%

Reliance, Bharti Airtel and financial shares were the other major losers; Data Patterns IPO gets 2.5 times subscripton as of 03:15 PM on day 1 of the offer

Stocks to Watch: Paytm, Shriram group, Voda Idea, Greenlam, Vedanta

Anand Rathi Wealth to make its debut on the bourses on Tuesday, GMP indicates 50 per cent listing gain for the stock

Vedanta withdraws cases against govt to settle retro tax dispute

Vedanta had challenged the demand for taxes at two forums -- Income Tax Appellate Tribunal and Delhi HC while its parent Vedanta Resources challenged the move before a Singapore arbitration tribunal

Vedanta to pay Rs 5,019 crore in dividends after solid earnings

Vedanta approved an interim dividend of Rs 13.50 a share

Sensex ends 157 pts higher, Nifty reclaims 17,500; ITC surges 5%, L&T 3%

The broader markets logged smart gains for the third straight trading session; Advancing shares outnumbered declining stocks in nearly 2:1 ratio on the BSE

Sensex gallops 1,016pts on status-quo RBI policy; Nifty ends above 17,450

Rate sensitives' like auto, financials and real-estate shares logged smart gains in trade on Wednesday

Hindustan Zinc board approves interim dividend of Rs 18 per share for FY22

The interim dividend will be paid within stipulated timelines, the company said

Vedanta Aluminium Business invites partners for aluminium park at Odisha

The Aluminium Park will offer facilities such as water, power, hot metal supply, dross processing plant, as well as other benefits to companies that set up their manufacturing units in the park.

Exchange date of American Depositary Shares extended till Jan 10: Vedanta

Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

Stocks to Watch: Reliance, ITC, Paytm, BoB, FMCG, pharma, airline stocks

FMCG stocks are likely to be in focus on the back of price hike announced, while airline shares too may be on investor's radar following the fresh world-wide Coivd-19 scare

Vedanta promoters pledge shares to raise about Rs 6,000 crore

Promoter group firms pledged 242.26 crore or 65.18 per cent shareholding in Vedanta Ltd in three facility agreements to raise the money, a Vedanta Ltd's filing showed

Vedanta's Sesa Goa iron ore biz pledges to become carbon neutral by 2050

In line with the country's larger vision of net zero carbon economy, the company has devised a comprehensive plan to achieve this goal, the company said in a statement

Vedanta aims to be ESG leader in natural resources, go net-zero by 2050

The company announced the evolution of its mission statement to strengthen the group's commitment to ESG performance

Rise in Vedanta stock may be temporary unless commodity prices rebound

Promoter's stake buy positive, but prices of aluminium, copper, steel, natural gas, crude oil, etc are all down in the past month

Vedanta promoters buy 138.6 mn shares in Vedanta Ltd at Rs 349.7 per share

The promoters had put an offer for 170 million shares