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Vedanta

300% Dividend: Hindustan Zinc declares second interim dividend - Check record date and other details

300% Dividend: Hindustan Zinc declares second interim dividend - Check record date and other details

Wed, Dec 06, 2023

Hindustan Zinc Dividend 2023, Hindustan Zinc Dividend Record Date 2023: Earlier in July, Anil Agarwal-led company had declared an interim dividend of Rs 7 per share to its eligible shareholders.

JSW, Vedanta's Rs 10,000 crore investment in cement plants in Punjab stuck in red tape

JSW, Vedanta's Rs 10,000 crore investment in cement plants in Punjab stuck in red tape

Tue, Nov 07, 2023

Mega investments of JSW Group and Vedanta in setting up cement plants in Punjab are awaiting approval from the state government, sources aware of the matter said.

Vedanta stock falls despite mining firm reporting highest ever quarterly revenue

Vedanta stock falls despite mining firm reporting highest ever quarterly revenue

Mon, Nov 06, 2023

The stock that started the session on Monday at Rs 232.40 was trading lower by 0.41 per cent, or Rs 0.95, at Rs 231.90 each.

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Markets end at fresh peak! Nifty settles above 11,000, Sensex at 36,139

Markets end at fresh peak! Nifty settles above 11,000, Sensex at 36,139

Tue, Jan 23, 2018

Gains in global markets after US lawmakers passed a short-term measure to fund the federal government through Feb. 8, ending a three-day government shutdown, also boosted investor sentiment.

India not to sell Cairn Energy shares to recover tax

India not to sell Cairn Energy shares to recover tax

Sun, Nov 19, 2017

Cairn Energy holds 4.95% stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.

Vedanta's Q4 consolidated net profit at Rs 2,989 crore

Vedanta's Q4 consolidated net profit at Rs 2,989 crore

Tue, May 16, 2017

Vedanta`s consolidated revenue during the quarter under review rose by 41 per cent to Rs 22,371 crore from Rs 15,828 crore earned during Q4 of FY16.

Vedanta completes Cairn merger

Vedanta completes Cairn merger

Tue, Apr 11, 2017

In July last year, Vedanta had sweetened its merger proposal to win over minority shareholders like LIC.

Vedanta announces Rs 6,580 crore dividend payout

Vedanta announces Rs 6,580 crore dividend payout

Thu, Mar 30, 2017

The board of directors of the company have also approved the second interim dividend of Rs 17.70 per equity share i.E. 1,770 per cent on face value of Re1 per share for the financial year 2016-17, the company said.

Shares of Vedanta and Cairn India gains after receiving NCLT nod on merger

Shares of Vedanta and Cairn India gains after receiving NCLT nod on merger

Thu, Mar 23, 2017

Vedanta in a BSE filing said, “The National Company Law Tribunal has approved the scheme of arrangement between Vedanta and Cairn India, and their respective shareholders and creditors ('Scheme').

Hindustan Zinc surges over 3% in early trade after board announces to pay special one-time interim dividend

Hindustan Zinc surges over 3% in early trade after board announces to pay special one-time interim dividend

Thu, Mar 23, 2017

The stock of Hindustan Zinc traded up 3.32% to Rs 322.00 in early trade on Thursday as compared to its previous close of Rs 311.75 on the BSE.

Cairn liable to pay Rs 10,247 crore capital gains tax: ITAT

Cairn liable to pay Rs 10,247 crore capital gains tax: ITAT

Sat, Mar 11, 2017

The tribunal also said that Cairn India should have withheld tax on capital gains made by its parent company.

Vedanta to invest $10 billion on expanding business

Vedanta to invest $10 billion on expanding business

Sun, Feb 19, 2017

"We have the potential to spend $10 billion over a period of five years; we are looking at 3,50,000 barrel of oil... To have 100,000 barrel equivalent to gas. We are looking to integrate 3 million tonnes capacity for the aluminium," the mining baron told PTI in a telephonic interview.

Vedanta net leaps 353% in Q3 FY17 to Rs 1,866 crore

Vedanta net leaps 353% in Q3 FY17 to Rs 1,866 crore

Tue, Feb 14, 2017

Tom Albanese, Chief Executive Officer, Vedanta Limited, said: “Volume ramp-up and cost efficiency across our operations, aided by higher commodity prices, have significantly driven up EBITDA y-o-y. Our financial position remains robust and we continue to strengthen our balance sheet by maximising free cash flow and reducing debt."

Government seeks up to $2.2 billion dividend from Hindustan Zinc: Sources

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.

India gets six more weeks to respond to Cairn Energy arbitration

India gets six more weeks to respond to Cairn Energy arbitration

Sun, Nov 20, 2016

Its counsel argued that the government wants the arbitration initiated by Vedanta to be taken up first.

Metals, oil and gas give most returns this year so far

Metals, oil and gas give most returns this year so far

Thu, Nov 03, 2016

Metal stocks have grown by 39% since January and 63% from the February 2016 lows. Oil and gas stocks have risen by 28%, followed by auto with a growth of 19% and banking with 15% increase.

Vedanta gets board approval to issue NCDs worth Rs 1,250 crore; stock up 2.16%

Vedanta gets board approval to issue NCDs worth Rs 1,250 crore; stock up 2.16%

Wed, Oct 05, 2016

Vedanta announced on Wednesday that the company has received its board approval to raise up to Rs 1,250 crore funds via issue of non-convertible debentures (NCDs).

Vedanta extends maternity leave to 6 months

Vedanta extends maternity leave to 6 months

Wed, Sep 28, 2016

Following the Maternity Benefits (Amendment) Bill 2016 that was passed by the Rajya Sabha (Upper House) in August this year which will be a law soon, Vedanta Ltd has announced on Wednesday to implement maternity leave of 26 weeks

Cairn India shareholders approve merger with Vedanta

Cairn India shareholders approve merger with Vedanta

Mon, Sep 12, 2016

The Bombay High Court had passed an order in July asking the company to have a meeting of equity shareholders with regards to the decision to merge Cairn India with Vedanta.

Watch top 5 stories of the day; From attack in Munich to EPFO subscribers likely to get cheaper home loans soon

Watch top 5 stories of the day; From attack in Munich to EPFO subscribers likely to get cheaper home loans soon

Sat, Jul 23, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of the day: 1. Munich attack: 10 killed in 'Shooting Rampage'

Vedanta, Cairn India announce revised terms for the merger

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%.

Just when aluminium prices were improving China decides to increase production

Just when aluminium prices were improving China decides to increase production

Fri, Jul 08, 2016

China has termed this oversupply as a global issue.

Vedanta generates Rs 11,000 crore free cash flow, reduces net debt

Vedanta generates Rs 11,000 crore free cash flow, reduces net debt

Wed, Jun 29, 2016

For Cairn India, the enhanced oil recovery project at Mangala oil-field has been very successful.

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