[ad_1] Vedanta Ltd on Wednesday announced that it has incorporated its wholly-owned base metal subsidiary Vedanta Base Metals Ltd. The incorporation has been done to implement the […]
Vedanta Resources open to changing terms of proposal to delay bond payment
[ad_1] By Saikat Das, Megawati Wijaya and Suvashree Ghosh Representatives of Vedanta Resources Ltd told investors they’re open to revising a proposal to delay payments on […]
Spotlight continues to be on Vedanta’s $3 bn debt despite spinoff plan
[ad_1] By Divya Patil Billionaire Anil Agarwal’s Vedanta Resources Ltd. is on a quest for cash. The junk-rated mining conglomerate has approached investors to restructure about […]
How a debt iceberg might turn resources titan Vedanta into Titanic
[ad_1] By Andy Mukherjee Indian billionaire Anil Agarwal is shuffling the deck chairs, as his Vedanta Resources Ltd. approaches a $3 billion iceberg of dollar bonds […]
Vedanta to complete sale of steel assets by March 2024: Anil Agarwal
[ad_1] Vedanta Ltd will complete the sale of its steel assets by the end of this financial year, its chairman Anil Agarwal said in an interview on […]
S&P Global Ratings downgrades Vedanta Resources, puts it on credit watch
[ad_1] S&P Global Ratings downgraded the rating of Vedanta Resources, parent of India’s Vedanta Ltd, to “CCC” from “B-” on Friday and placed it on credit watch […]
Moody’s downgrades Vedanta Resources’ corporate family rating to Caa2
[ad_1] Vedanta Resources (Photographer: Kanishka Sonthalia/Bloomberg) Moody’s Investors Service said it has downgraded the corporate family rating for Anil Agarwal-promoted Vedanta Resources Limited (VRL) in the absence […]
Vedanta Resources gets back ownership, management of copper mine in Zambia
[ad_1] Vedanta Resources Ltd. (Photographer: Kanishka Sonthalia/Bloomberg) Vedanta Resources Ltd (Vedanta) on Tuesday said it will restart copper operations in Zambia after a government decision in favour […]
Vedanta Resources deepens tech push with $4 billion India display factory
[ad_1] By Sankalp Phartiyal The newly appointed chief executive officer of Vedanta Resources Ltd.’s untried display business is seeking to hire global talent to build and run a […]
Vedanta Resources repays $1.4 bn bonds, says has cut debt to $6.4 bn
[ad_1] Anil Agarwal, (Photo: Bloomberg) Vedanta Resources, the parent of Vedanta group, on Wednesday repaid bonds worth $1.4 billion that were due in May and June to reduce […]