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Latest Articles in vedanta resources
Vedanta Resolves $250 Mn Debt Dispute, Set To Revive Zambia's Copper Mines
The Zambian government had alleged that Vedanta had paid insufficient taxes and provided false information about its expansion intentions, leading to the placement of Konkola Copper Mines under temporary liquidation in 2019
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Vedanta Resources Clears Debt Obligations For Quarter One
The company’s gross debt stood at USD 6.4 billion against USD 9.7 billion at the end of March 2022, as per the company statement
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Billionaire Agarwal’s Debt-cut Efforts Turns Heat on Vedanta Units
While the bond prices indicate that London-listed Vedanta Resources will be able to fulfil its obligation of USD 517.8 million in interest and principal for a dollar bond maturing on 31 May, there are uncertainties surrounding the repayment of bonds due in the coming years
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Vedanta Resources Reduces Its Gross Debt From $7.8 Bn To $6.8 Bn
The company has now reduced debt by US$3 billion since it announced in February 2022 its intention to accelerate deleveraging and reduce its debt by US$ 4 billion within three years.
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Vedanta Asks Barclays Bank To Raise Loan Of Rs 1500 Cr To Pay Off Debts
According to reports, the loan will be utilised for a variety of company needs, including connected costs, capex, general corporate objectives, and the repayment of current debt
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Vedanta Denies Any Sale Talks, Calls Them 'Untrue', 'Baseless'
The statement by the company comes after there were news reports about company’s Anil Agarwal contemplating a stake sale in the company
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Vedanta Resources Pre-paid All Its Maturities Due Till Mar'23, Deleveraging By $2 Bn In 11 Months
According to the statement, Vedanta is fully confident of meeting its liquidity requirements for the quarter ending 23 June and is in the advanced stage of finalisation to tie up USD 1.75 billion through a combination of syndicate loan and bilateral bank facilities
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Vedanta Resources Reduces Net Debt By $2 Bn In FY23
Over the past 20 years, Vedanta has raised more than $35 billion through debt and equity and yielded highly attractive returns to shareholders, while maintaining an excellent track record of debt servicing.
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Closure of Vedanta's Copper Unit Results In Rs 14,749 Cr Loss To Economy: Report
The report comes a month after Vedanta putting on sale its copper unit which was shut four years ago after 13 people were killed in a police firing on protestors agitating against alleged pollution by the unit
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Vedanta Says Directors' Panel Approves Raising Up To Rs 1,000 Cr Via NCDs
The meeting was held on Monday, Vedanta said in a filing to BSE.
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Vedanta's Sesa Goa Iron Ore Biz Pledges To Become Carbon Neutral By 2050
It plans to achieve carbon net neutrality in a phased manner with a target to further reduce greenhouse gas emissions up to 25 per cent by 2030.
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Vedanta Resources Shed $300 Mn Net Debt in H1FY22
The company expects to further reduce its debt by $500 million in the second half of FY 22.
Read MoreS&P gives B-minus to Vedanta Resources guaranteed senior unsecured notes
S&P gives B-minus to Vedanta Resources guaranteed senior unsecured notes
Read MoreS&P revises Vedanta Resources outlook to stable from negative
S&P revises Vedanta Resources outlook to stable from negative
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Vedanta's Failed Delisting To Weaken Holding Company's Liquidity: Moody's
Earlier this month, VRL did not get the mandatory shares from the public to delist Mumbai-listed Vedanta Ltd (VDL).
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