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Latest Articles in vedanta group

Vedanta Group In Talks To Raise $500 Mn: Report

The group has depended on money from its units to tackle its debt load, especially after it failed to sell some zinc assets to Hindustan Zinc for USD 3 billion

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Vedanta Group Signs MoUs With 20 Korean Cos For Display Glass Industry

Vedanta was invited to a roadshow at the recently-concluded Korea Biz-Trade Show 2023 event organised by KOTRA – the state-funded trade and investment promotion organization operated by the Government of South Korea – in collaboration with Korea’s Ministry of Trade, Industry and Energy

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L&T Bags Orders Worth Rs 2,500-5,000 Cr From Vedanta Group

These orders comprise of setting up a 5 LTPA Fertiliser Plant for M/s. Hindustan Zinc Limited and helping expand the capacity of the Aluminum Smelter Complex at BALCO Korba, Chhattisgarh by 435 KTPA for M/s. Bharat Aluminium Company Limited

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Vedanta Appoints David Reed As CEO Of Semiconductor Business

Prior to this, Reed was with NXP Semiconductors, where he was Executive Vice President and General Manager of global operations

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‘Out Of The Total Investments Worth Rs 12 Cr Received At K'taka GIM, Over 70% Will Be Realised’

The GIM proposals will create about 6–7 lakh employment opportunities over the next five years

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Vedanta Q1 Results: Profit Rises 4% YoY To Rs 4,421 Cr

Its consolidated income during the April-June period increased to Rs 39,355 crore from Rs 29,151 crore last year

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Vedanta To Buy Athena Chhattisgarh Power For Rs 564 Cr

The acquisition for a purchase price of Rs 564.67 crore is likely to be completed in the ongoing financial year, adding that the consideration will be in the form of cash

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Vedanta Group Eyes $3.5 Bn Turnover From Chip Business, One-third From Exports

Vedanta Group's global managing director of display and semiconductor business Akarsh Hebbar told PTI that its JV partner Foxconn has all the agreements and required technologies in place to start making electronic chips

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Vedanta Puts Up Copper Smelting Plant In Tamil Nadu For Sale

Vedanta's 400,000 tonnes per annum copper smelter in the port city of Thoothukudi was ordered shut in May 2018 by the southern Tamil Nadu state, a week after the deadly protests that sought the plant's closure for alleged pollution

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Vedanta To Invest $1.5 Bn Across Oil, Zinc, Steel business

It also approved a $466 million phase-2 expansion of the Gamsberg zinc project in South Africa and another $348 million for steel expansion.

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Vedanta Signs Pact With TERI To Accelerate ESG Goals

The partners will work towards building a sustainable future by engaging with governments, civil society and peers to promote a larger ecosystem for climate change, resource efficiency, and circularity, harnessing cleaner energy, sustainable supply chains, and people-centric development

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Vedanta Group Firm Hindustan Zinc's Q2 Net Profit Rises 4% To Rs 2,017 Cr

The company had posted net profit of Rs 1,940 crore in the year-ago period, Hindustan Zinc Ltd said in a regulatory filing.

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Mining Giant Vedanta To Delist American Depositary Shares

The delisting is expected to become effective 10 days thereafter, at which time the ADS of the company will no longer be listed for trading on the NYSE.

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Videocon Insolvency: Lenders Make U-Turn, Want Fresh Bids

Billionaire Anil Agarwal''s Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15 per cent of the admitted claims of Rs 64,838.63 crore of lenders.

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Global Oil Majors May Be Joining Race For BPCL: Document

The bidding process allows for other interested parties to join and form a consortium with any one of the bidders which had submitted an expression of interest (EoI).

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