Tue, Oct 03, 2023
Vedanta Group is set to split into six separate listed companies. This move is expected to unlock value for shareholders and create more focused and efficient businesses. In this video, we'll take a closer look at Vedanta's demerger plan, and discuss the potential benefits for investors.
Vedanta share price target 2023: CLSA double-upgraded Vedanta to ‘outperform’ from ‘underperform’ but reduced its price target for the stock by Rs 25 to Rs 230. The brokerage is of the view that from an operational perspective, nothing is likely to change for the company in the near term owing to the demerger.
Sat, Sep 30, 2023
S&P Global Ratings on Friday cut the rating of billionaire Anil Agarwal's Vedanta Resources Ltd rating to 'CCC' from 'B-' and placed it under "creditwatch with negative implications".
Fri, Sep 29, 2023
Stock Market News: A day after hitting 52-week, Vedanta Limited shares are soaring higher by 6.22%, at Rs 221.20, on BSE on Friday (September 29, 2023) a day after the company announced that it was allotting shares worth Rs 2,500 crore on a preferential basis.
The Board of Vendata Ltd approved "a pure-play, asset-owner business model" that will result in aluminium, oil and gas, power, steel and ferrous materials, and base metals being demerged and listed separately
Vedanta shares recovered on Friday (September 29) after hitting the 52-week low of Rs 207.85 each on BSE on Thursday (September 28).
Thu, Sep 28, 2023
The company will spin off its metals, power, aluminium and oil and gas businesses, with an official announcement likely to come this week, the source said.
Wed, Sep 27, 2023
Moody's blow to Vedanta. Moody's reduced Vedanta's rating. Vedanta's corporate family rating downgraded
Vedanta share price plunged over 6% to hit a 52-week low on Sep 27 after it received a ratings downgrade from global rating agency Moody's Investors Service. Moody's downgraded Vedanta Resources' corporate family rating (CFR) from Caa1 to Caa2 over elevated risks of debt restructuring over the next few months.
Vedanta share price NSE: Investor sentiment was weak after Moody's Investors Service downgraded the corporate family rating (CFR) of Vedanta Resources Ltd., the parent company of India-listed Vedanta Ltd to Caa2 from Caa1 over elevated risks of debt restructuring over the next few months.
Thu, Sep 21, 2023
Vedanta Resources, the parent company of the mining operator, faces repayments of bonds worth around $2 billion in the 2025 fiscal.
Wed, Sep 13, 2023
Vedanta Zambia latest news: Anil Agarwal said the Konkola Copper Mines, which returned to his London-based firm Vedanta Resources last week, can be moved to the group's India-listed firm Vedanta Ltd "at the right valuation" on Tuesday.
The Zambian government, which owns a 20 per cent stake in KCM, will allow Vedanta to resume control and operate KCM's mines and smelter after the company renewed a pledge to invest more than USD 1.2 billion to increase output and repay outstanding debts.
Wed, Sep 06, 2023
Vedanta share price NSE: Shares of mining major Vedanta (VEDL) inched higher on Wednesday (September 6) after Zambia agreed to return control of Konkola Copper Mines (KCM) to Vedanta Resources.
Mon, Aug 28, 2023
Vedanta's stock rose by more than 2%, what news made Vedanta shine today? Why did Vedanta run? Know in this video
Vedanta shares registered strong gains on Monday, halting a two-day losing streak. Here's what's driving the mining major's stock.
Fri, Aug 25, 2023
Mining magnate Anil Agarwal has said his group's flagship firm Vedanta Ltd is considering demerger and separately listing all or some businesses like aluminum, iron and steel, and oil and gas to unlock shareholder value.
Thu, Aug 03, 2023
Vedanta share price NSE: Shares of mining major Vedanta (VEDL) came under heavy selling pressure in the early trade on Thursday after billionaire Anil Agarwal-led mining major's promoters sold a 4.3 per cent stake through a block deal, as per reports.
Fri, Jul 28, 2023
Vedanta group chairman Anil Agarwal on Friday said that first phase of its semiconductor project will involve USD 5 billion investment of the overall USD 20-billion outlay, and the venture will be ready with made-in-India chip in two and a half years.
Vedanta chip manufacturing news update: Indian conglomerate Vedanta, which has outlined ambitious semiconductor manufacturing plans for India, has identified a world-class technology partner and is in the process of tying up with them, its Chairman Anil Agarwal said on Friday.
SemiconIndia 2023 conference is going on in Gandhinagar, Gujarat, inaugurated by PM Narendra Modi, companies from all over the world are involved, see what Vedanta Chairman Anil Agarwal said on this occasion…
Tue, Jul 25, 2023
Anil Agarwal mentioned that his first successful business venture came up in his 40s after a series of rejections of his ideas. Sharing his own experiences Agarwal advised the youth how to deal with pressure from society and the failures.
Mon, Jul 24, 2023
Vedanta shares succumbed to selling pressure on Monday after the mining major disappointed the Street with its quarterly performance.
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