Vedanta
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Vedanta Resources Ltd. secures $1.25 billion for debt refinancing and credit facilities
14 Dec 2023
In a strategic move, Vedanta Resources Ltd., the parent company of Vedanta Ltd., has successfully secured $1.25 billion from private lenders for debt refinancing and a new credit facility.
Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders
09 Nov 2023
Vedanta Resources Limited (VRL), a prominent diversified mining company headquartered in London, is in the final stages of devising a plan to raise up to $2.5 billion (approximately Rs 20,800 crore) to meet impending debt repayment deadlines.
Vedanta-Foxconn to set up $20 bn chip factory in Gujarat
14 Sep 2022
Besides state government subsidies, the centre, which aims to make India a key player in the global supply chain for chips, has agreed to increase incentives beyond an initial $10 billion proposed for investments in semiconductor manufacturing
Vedanta announces Rs19.50 interim dividend
20 Jul 2022
Vedanta chief eyes NMDC, rest of HZL and other mining PSUs
24 Jun 2019
Agarwal, whose Sterlite Copper has been shut over charges of causing pollution and already owns 64.9 per cent stake in Hindustan Zinc Ltd, said the government should divest its stake in NMDC, HZL, Hindustan Copper, Kolar Gold Fields and Uranium Corporation as also Shipping Corporation of India
Vedanta strikes oil in Krishna-Godavari basin
28 Mar 2019
Vedanta says the discoveries in the H2 well comprise multiple reservoir zones and that further appraisal will be required to establish the size and commerciality of the oil discovery
SC orders Sterlite’s Thoothukudi plant to remain shut
18 Feb 2019
The Supreme Court agreed to Tamil Nadu's argument that the National Green Tribunal does not have the authority to repeal the government order and also directed the plant to go back to the Madurai bench of the Madras High Court
Anil Agarwal all set to take Vedanta Resources private
04 Sep 2018
The move is aimed at acquiring a stake in Anglo American which will give the group access to diamonds, copper, platinum, coal, iron ore, nickel and manganese markets
Vedanta to invest $8 bn in aluminium, zinc, lead and crude oil projects
25 Aug 2018
Anil Agarwal-led Vedanta Resources plans to invest $2.3 bn to increase crude oil reserve base by 375 million barrels as part of the expansion programme
Vedanta chairman's family trust offers to buy rest of company
03 Jul 2018
Volcan Investments, a trust operated by Vedanta Group chairman Anil Agarwal’s family, has offered to pay 825 pence per Vedanta share, against the London listed stock's closing price of 646.8 pence on Friday
TN orders closure of Sterlite's copper smelter in Thoothukudi
28 May 2018
“We have taken a decision to permanently shut down the plant and today issued government orders to do the same,” chief minister Edappadi K Palaniswami said in a statement
Madras HC halts Sterlite’s expansion in Thoothukudi
23 May 2018
The stay order on the construction of Sterlite's copper smelter plant comes after locals complained of massive groundwater pollution in the area
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