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Tag: Vedanta
Why Vedanta’s Stock Price is Rising – Here’s What Investors Should Know-thumnail

Why Vedanta’s Stock Price is Rising – Here’s What Investors Should Know

Vedanta Limited, a leading large natural resource firm in India, seems to attract a lot of investors’ attention recently as its share price exhibits a strong upward trend. The mining

Business

Apr 20, 2024

In a $1 Billion Venture, GIC Collaborates with Vedanta’s Sterlite Transmission-thumnail

In a $1 Billion Venture, GIC Collaborates with Vedanta’s Sterlite Transmission

According to an article by The Economic Times (ET), Sterlite Power Transmission (SPTL) is working with Singapore’s sovereign wealth fund, GIC, to establish a $1 billion joint venture platform in

Business

Oct 25, 2023

Vedanta Shares are Up 2% After The Firm Named Ajay Goel as CFO-thumnail

Vedanta Shares are Up 2% After The Firm Named Ajay Goel as CFO

The company’s entire output for Q2FY24 was 66 kt, down 10% YoY and 3% QoQ, owing mostly to decreased tonnes processed. Vedanta, India’s largest diversified natural resources business, rose 2%

Business

Oct 25, 2023

CFO of Vedanta Likely to Resign Months After Joining Firm: Report-thumnail

CFO of Vedanta Likely to Resign Months After Joining Firm: Report

According to persons familiar with the situation, Vedanta Ltd. may lose its third chief financial officer in as many years as the mining company under the ownership of billionaire Anil

Business

Oct 23, 2023

Vedanta expands its technological push with a $4 billion display factory in India-thumnail

Vedanta expands its technological push with a $4 billion display factory in India

In order to build and manage a $4 billion facility in India, YJ Chen, the newly appointed CEO of Vedanta Resources Ltd.’s unproven display sector, is looking to acquire international

News

Jun 28, 2023

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation-thumnail

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation

As of March 2023, VRL possesses $1.7 billion in short-term investments, encompassing various bank deposits, quoted bonds, and mutual funds. Experts at CreditSites speculate that these investments could be liquidated

Finance

Jun 22, 2023

<strong>The Centre opposes Hindustan Zinc’s $2.98 billion acquisition of Vedanta’s zinc assets</strong>-thumnail

The Centre opposes Hindustan Zinc’s $2.98 billion acquisition of Vedanta’s zinc assets

According to a letter the government handed to the company on Monday, the Indian federal government is against Hindustan Zinc’s proposed $2.98 billion acquisition of Vedanta Ltd.’s zinc interests. The

Business

Feb 20, 2023

<strong>Vedanta Ltd. selects Gujrat to establish its semiconductor project.</strong>-thumnail

Vedanta Ltd. selects Gujrat to establish its semiconductor project.

India’s semiconductor market is estimated to reach $63 billion by 2026 from $15 billion in 2020, the government says. Most of the world’s chip output is limited to a few

Education

Sep 12, 2022

<strong>Vedanta to borrow 4809 crore through 10 year bonds, LIC likely to provide the capital.</strong>-thumnail

Vedanta to borrow 4809 crore through 10 year bonds, LIC likely to provide the capital.

Vedanta is planning to use the proceeds to prepay or repay existing debt and for capital spending. The last time Vedanta raised funds through local currency bonds was in December

News

Jun 28, 2022

<strong>Vedanta share prices slumps as it puts up Tuticorin copper plant for sale</strong>-thumnail

Vedanta share prices slumps as it puts up Tuticorin copper plant for sale

Vedanta has invited Expression of Interest (EoI) for its Tuticorin-based smelter, which has been shut since mid-2018, following a state government order. The last day to submit the EoI is

Education

Jun 20, 2022

Vedanta to sell-off tuticorin copper plant, invites express of interest-thumnail

Vedanta to sell-off tuticorin copper plant, invites express of interest

Vedanta has issued an EoI request for its Tuticorin-based smelter, which has been closed since mid-2018 due to a Tamil Nadu government injunction. The deadline for submitting EoI is July

Education

Jun 20, 2022

Vedanta Ltd. seeks free land, cheap water, and electricity to install the 1st semiconductor manufacturing plant in the country-thumnail

Vedanta Ltd. seeks free land, cheap water, and electricity to install the 1st semiconductor manufacturing plant in the country

Vedanta ltd. is seeking from Indian states free land, cheap water, and power under the Semicon India program to become 1st semiconductor manufacturing company in the conductor. Ahead of the

News

Apr 29, 2022


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