Mon, Jan 29, 2024
Vedanta share price target: CLSA maintained its target for the Vedanta stock at Rs 230, suggesting a downside potential of nearly 13 per cent from its previous close.
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Thu, Jan 25, 2024
The company's consolidated income in the third quarter of the current fiscal increased to Rs 36,320 crore from Rs 34,818 crore in the same period a year ago.
Which stocks including JSW Steel, Vedanta and AU Small Finance Bank will be in focus today? Which companies will announce their results today? Which stocks will see action due to news?
Thu, Mar 23, 2017
The stock of Hindustan Zinc traded up 3.32% to Rs 322.00 in early trade on Thursday as compared to its previous close of Rs 311.75 on the BSE.
Sat, Mar 11, 2017
The tribunal also said that Cairn India should have withheld tax on capital gains made by its parent company.
Sun, Feb 19, 2017
"We have the potential to spend $10 billion over a period of five years; we are looking at 3,50,000 barrel of oil... To have 100,000 barrel equivalent to gas. We are looking to integrate 3 million tonnes capacity for the aluminium," the mining baron told PTI in a telephonic interview.
Tue, Feb 14, 2017
Tom Albanese, Chief Executive Officer, Vedanta Limited, said: “Volume ramp-up and cost efficiency across our operations, aided by higher commodity prices, have significantly driven up EBITDA y-o-y. Our financial position remains robust and we continue to strengthen our balance sheet by maximising free cash flow and reducing debt."
Tue, Jan 17, 2017
India is seeking a dividend of up to $2.2 billion (nearly Rs 14,636.1 crore) from partly state-owned Hindustan Zinc Ltd (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances.
Sun, Nov 20, 2016
Its counsel argued that the government wants the arbitration initiated by Vedanta to be taken up first.
Thu, Nov 03, 2016
Metal stocks have grown by 39% since January and 63% from the February 2016 lows. Oil and gas stocks have risen by 28%, followed by auto with a growth of 19% and banking with 15% increase.
Wed, Oct 05, 2016
Vedanta announced on Wednesday that the company has received its board approval to raise up to Rs 1,250 crore funds via issue of non-convertible debentures (NCDs).
Wed, Sep 28, 2016
Following the Maternity Benefits (Amendment) Bill 2016 that was passed by the Rajya Sabha (Upper House) in August this year which will be a law soon, Vedanta Ltd has announced on Wednesday to implement maternity leave of 26 weeks
Mon, Sep 12, 2016
The Bombay High Court had passed an order in July asking the company to have a meeting of equity shareholders with regards to the decision to merge Cairn India with Vedanta.
Sat, Jul 23, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of the day: 1. Munich attack: 10 killed in 'Shooting Rampage'
Fri, Jul 22, 2016
The pro-forma ownership in Vedanta Ltd will now be where Vedanta Ltd shareholders have 79.8% and Cairn India shareholders own 20.2%.
Fri, Jul 08, 2016
China has termed this oversupply as a global issue.
Wed, Jun 29, 2016
For Cairn India, the enhanced oil recovery project at Mangala oil-field has been very successful.
Sat, May 21, 2016
Appointed CEO in October 2014, Ashar "has decided to step down for personal reasons effective June 5, 2016," Cairn said in a statement.
Sun, May 01, 2016
The loan had become controversial in 2014 as Cairn had not disclosed extending of loan to its new parent Group.
Fri, Apr 29, 2016
Vedanta on Thursday reported a consolidated net loss of Rs 11,181.26 crore in the March quarter of the last fiscal due to a non-cash impairment charge of Rs 12,304 crore largely relating to Cairn India.
Thu, Apr 28, 2016
On outlook, Albanese said from mid-2015 to February 2016 rising US dollar, depreciating Chinese currency and pessimism over China's economy impacted global markets and the company.
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