Tag: Vedanta Resources

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...

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...

Dharmendra Pradhan: BPCL receives three preliminary bids, says Oil Minister Dharmendra Pradhan

New Delhi: The government has received three preliminary bids for buying of controlling stake in India’s second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil...

Anil Agarwal plans to move $1 bn from listed Vedanta as loans

Vedanta Ltd (VIL) had agreed to provide loans and guarantees worth Rs 7,900 crore to its parent Vedanta Resources (VRL) just months before the launch...

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...

Confusion over Vedanta shares tendered for delisting; some see buying opportunity

NEW DELHI: Vedanta shareholders were in a state of confusion on Monday, clueless if they could trade the shares that they had tendered for delisting...

Private banks to bet on: Three midcap private bank stocks Sanjiv Bhasin is bullish on

Bharti, JSW Steel and State Bank would be my three top picks in the Nifty stocks, says Director, IIFL Securities. What is your current market...