Mumbai : Vedanta Resources plans to raise up to $1.5 billion in a five-year dollar denominated bond sale, marking the first such refinancing-focused global issuance since a January restructuring at …
Mumbai: Vedanta Resources, the holding company of billionaire Anil Agarwal, sold a 2.63% stake in India-listed firm Vedanta on Wednesday through block deals. According to the BSE bulk deal data, …
Mumbai: Billionaire Anil Agarwal’s Vedanta Resources is likely to sell a minority stake in Vedanta Ltd this week through block deals, people aware of the development said. The promoter group …
MUMBAI – Mining major Vedanta Ltd is scheduled to release its earnings later today, but the market isn’t expecting any major fireworks given that demand conditions remain tough and that …
Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push …
Mumbai: A group of Vedanta Resources (VRL) bond investors demanded the company pay at least 75% of the principal and interest on the bonds maturing in January next year and …
Agarwal’s move to increase his stake in the India-listed Vedanta Ltd to 69.7% by 2021 from 50.1% a year earlier with borrowed funds has come to haunt him. Synopsis Over …
Mumbai: Vedanta Ltd’s plan to split into six entities is a modestly negative development for the bondholders of the UK-based Vedanta Resources, given that the rejig does not address the …
MUMBAI – S&P Global Ratings has lowered the long-term issuer credit rating of Vedanta Resources and also on its outstanding debt to “CCC” from “B-”. The rating downgrade by S&P …
Mumbai: Vedanta Resources (VRL), the UK-based holding company of the eponymous mining and metals conglomerate, may explore a potential extension of outstanding US dollar bonds to mitigate pressures arising out …