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Vedanta Resources Plc News
Vedanta Resources Plc
Vedanta''s quarterly core earnings rise; India copper output drops
Mon, Aug 06, 2018
Miner Vedanta Resources Plc, which is set to be taken private by Chairman Anil Agarwal, reported on Monday a 26.3 percent rise in first-quarter core earnings on higher commodity prices.
Minor leak observed at Vedanta's south Indian copper smelter - official
Mon, Jun 18, 2018
"A leakage was observed in the sulphuric acid storage plant. It doesn`t look problematic, but we have decided to evacuate the storage tomorrow as a safety precaution," Sandeep Nanduri, the district`s top administrative official, said on Sunday.
Anil Agarwal acquires over 11% shares in Anglo American
Fri, Apr 14, 2017
The transaction for a total of 160,685,162 shares took place on Tuesday, the London Stock Exchange (LSE) notice said.
Vedanta looks to refinance debt; issues bonds worth $ 1 billion
Thu, Jan 26, 2017
Tom Albanese, Chief Executive Officer said, "This transaction is in line with our financial strategy to extend maturities, optimise the balance sheet, and create value for all stakeholders. We are pleased with the strong demand these bonds received, with support from all major markets."
Government seeks up to $2.2 billion dividend from Hindustan Zinc: Sources
Tue, Jan 17, 2017
India is seeking a dividend of up to $2.2 billion (nearly Rs 14,636.1 crore) from partly state-owned Hindustan Zinc Ltd (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances.
Vedanta rises, Cairn India drops as investors give thumbs-up to merger
Wed, Sep 07, 2016
On July 22, both the companies had revised the terms and conditions of the deal considering the prevailing equity market conditions that time.
Vedanta-Cairn merger gets shareholders nod
Tue, Sep 06, 2016
It said in the statement,"Vedanta Resources plc announces that at its General Meeting held today, Tuesday 6 September, the resolution put to shareholders in relation to the proposed merger of Vedanta Limited and Cairn India Limited (the "Merger") was duly passed on a poll."
Vedanta sweetens Cairn merger deal; makes 1+4 offer for shareholders
Sat, Jul 23, 2016
In an attempt to salvage the merger of cash-rich oil firm Cairn India with its debt-laden parent Vedanta Ltd, the company on Friday sweetened the deal by offering three additional preference shares in hope of winning over minority shareholders like Life Insurance Corporation of India (LIC).
Vedanta, Cairn India announce revised terms for the merger
Fri, Jul 22, 2016
The pro-forma ownership in Vedanta Ltd will now be where Vedanta Ltd shareholders have 79.8% and Cairn India shareholders own 20.2%.
Vedanta Resources full-year core profit declines nearly 38%
Thu, May 12, 2016
The company had reported EBITDA of $3.74 billion in the previous fiscal year.