Tag: Vedanta Ltd

vedanta: Rising interest rates making it difficult for Anil Agarwal to take control of Vedanta

Anil Agarwal supercharged his rise from scrap metals trader to billionaire commodities magnate by embracing bold acquisitions and lots of debt. But that decades-long playbook...

ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn award

New Delhi: Just like US oil firm ConocoPhillips grabbed Venezuelan assets overseas to enforce an arbitration award, Indian bank accounts, airplanes and other foreign properties...

Promoters of Vedanta Ltd pledge and encumber 55.11% stake with OCM Verde Investment

Mumbai: Promoters of Anil Agarwal-led Vedanta Ltd has pledged and encumbered their entire stake of 55.11% equity with OCM Verde Investment in order to fund...

Vedanta says committed to investing in India after failed delisting

NEW DELHI: Shrugging off a failed bid to get its Indian flagship firm delisted from stock exchanges, mining baron Anil Agarwal‘s Vedanta Resources on Tuesday...

4 out of 6 Franklin schemes turn cash positive; investors yet to receive money

A ₹1,050-crore repayment on debt issued by Vedanta Ltd along with interest has turned four of the six frozen Franklin Templeton debt schemes cash positive...