Vedanta

Singapore reviewing short seller claim against India's Vedanta

Vedanta also plans to set up a facility to produce as much as 300,000 tons per year of copper rods, a key raw material for electric cables.

Vedanta plans to invest US$2 billion in Saudi copper projects

Vedanta Resources, which has been burdened by a heavy debt load amassed due to a string of acquisitions, reduced its dues by US$4.5 billion in the last two years.

Vedanta to pay US$932 million in dividend to help parent cut debt

In the last two years, Vedanta Resources has cut its debt by US$3.70 billion.

Parent of India's Vedanta proposes to cut debt by US$3 billion over next three years

Vedanta has started gauging interest from potential investors, including Middle Eastern funds.

Vedanta said to weigh US$1 billion share sale as soon as June

The oils-to-metals conglomerate posted a consolidated net profit of 13.69 billion rupees (S$223.3 million), falling behind analysts’ estimates of 21.10 billion rupees.

India's Vedanta misses Q4 profit estimates on lower prices

Gujarat Chief Minister Bhupendra Patel says the state recently held investment talks with some chipmakers, and officials have visited Japan to meet some executives from the chips industry there.

India's Gujarat talks with Japan, South Korea, US firms to be chipmaking hub

Deliberations are ongoing and no final decisions on the structure or timing of the de-merger have been made.

Vedanta is preparing to de-merge sprawling operations

Vedanta’s parent, Vedanta Resources, has been scrambling to raise funds, with credit rating agencies downgrading its outlook, citing funding risks and concerns about meeting debt obligations.

Indian billionaire Anil Agarwal mulls listing Vedanta businesses separately

Vedanta CFO Sonal Shrivastava says the company is committed to reducing debt as its “high-quality” assets continue to generate a healthy cash flow.

India's Vedanta CFO confident of meeting debt maturities in FY24