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Vedanta Ltd

Tata Steels NINL plant

Not So Keen On Any Other New Acquisitions: Tata Steel CEO TV Narendran

CEO T V Narendran said there is a lot to do at Tata Steel's existing sites

13 August 2023

Vedanta.

Vedanta Ltd Q1 Net Profit Falls Over 40% To Rs 3,308 Crore On Lower Income

Vedanta's net profit was 5.61 per cent higher over Rs 3,132 crore in the January-March quarter.

21 July 2023

Vedanta has reasons to believe that it can pull off India’s first semiconductor fab

Why Foxconn’s Exit May Not Be Bad News For Vedanta’s Semiconductor Venture 

Since Vedanta announced its foray into semiconductor business, there were concerns around the Anil Agarwal-led conglomerate’s debt obligations and its lack of expertise in chip-making  

11 July 2023

Vedanta.

Vedanta In Process Of Tying Up With World-Class Tech Partner For Semiconductor: Anil Agarwal

"For semiconductor we have identified world class partner, we have already identified a world class partner for technology and are in process of tying up with them," Anil agarwal said at SemiconIndia 2023

28 July 2023

Foxconn’s iPhone Plant In India To Reopen On January 12: Report

Anil Agarwal Says Partners Lined Up For Semiconductor Plans

Most of the world's chips are manufactured in a handful of countries and India, which expects its semiconductor market to be worth USD 63 billion by 2026, is a late entrant. Semiconductors find wide applications and are used...

12 July 2023

Vedanta.

Vedanta Shares Decline Nearly 3% In Early Trade

Foxconn has withdrawn from a USD 19.5 billion semiconductor joint venture with Vedanta Ltd as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars

11 July 2023

Vedanta.

Proceeding With Filing Fresh Application Under Modified Display-Scheme; Semiconductor Application Under Govt Consideration: Vedanta

In a BSE filing, the Indian conglomerate expressed its resolve and commitment to produce critically important semiconductors and display glass/modules for the growing Indian market

25 July 2023

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Vedanta

Foxconn Exits Vedanta’s $19.5 Billion Semiconductor Joint Venture: Report 

Last year, VFSL (Vedanta Foxconn Semiconductors Ltd) became one of the first applicants under the Centre’s ambitious $10 billion Semicon India programme that encouraged the setting up of domestic chip manufacturing...

10 July 2023

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20 June 2023
Vedanta Ltd Plans To Invest $1.7 Billion In FY24 On Growth Projects: Chairman Anil Agarwal

Vedanta Ltd Plans To Invest $1.7 Billion In FY24 On Growth Projects: Chairman Anil Agarwal

Sharing details of the company's projects, the chairman said Vedanta is already expanding its aluminium and zinc capacities


23 May 2023
Vedanta Declares First Interim Dividend Of Rs 18 Per Share For FY24

Vedanta Declares First Interim Dividend Of Rs 18 Per Share For FY24

Vedanta earlier clarified that the record date to determine the entitlement of this interim dividend has been set as May 30, 2023


22 May 2023
Anil Agarwal’s Vedanta To Consider First Dividend For FY24 Today

Anil Agarwal’s Vedanta To Consider First Dividend For FY24 Today

Vedanta Ltd, the mining major has set May 30 as the record date for the declaration of dividend, should it be declared for FY24


16 May 2023
Vedanta Chief Anil Agarwal’s Mother’s Day Post Goes Viral, Leaves Netizens In Awe

Vedanta Chief Anil Agarwal’s Mother’s Day Post Goes Viral, Leaves Netizens In Awe

Anil Agarwal’s post on Mother’s Day, a tribute to the love and importance, has important lessons that netizens are embracing


24 April 2023
Plans To Buy Zinc International Is Not Called Off: Hindustan Zinc CEO

Plans To Buy Zinc International Is Not Called Off: Hindustan Zinc CEO

The government, which owns about 29.54 per cent stake in HZL, has opposed the company's plan to buy Zinc International


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25 March 2023
Vedanta Seeks RBI Approval To Provide Guarantees For $1 Billion Loan: Report 

Vedanta Seeks RBI Approval To Provide Guarantees For $1 Billion Loan: Report 

The global lenders in talks with Vedanta have reportedly sought 800 basis points over the present secured overnight financing rate (SOFR) of 4.55 per cent


24 March 2023
Vedanta’s Board To Consider 5th Interim Dividend On March 28 

Vedanta’s Board To Consider 5th Interim Dividend On March 28 

Vedanta Interim Dividend: The record date for determining the entitlement of the equity shareholders for the interim dividend is being fixed as April 7, 2023,...


15 February 2023
Vedanta Cuts Debt By $2 Billion Ahead Of Due Date

Vedanta Cuts Debt By $2 Billion Ahead Of Due Date

Vedanta Resources had a net debt of USD 9.66 billion as of March 31, 2022, according to an investor presentation on its website


27 January 2023
Vedanta Q3 Net Profit Drops 41%

Vedanta Q3 Net Profit Drops 41%

The company posted a consolidated net profit of Rs 4,164 crore in the year-ago period, Vedanta Ltd said in a BSE filing


23 December 2022
Vedanta Says Declared As Preferred Bidder For Bicholim Mineral Block In Goa

Vedanta Says Declared As Preferred Bidder For Bicholim Mineral Block In Goa

Goa had earlier invited tenders to participate in electronic auction for grant of mining lease in respect of iron ore mines in the state


22 December 2022
Goa Government Completes 1st Phase Of Auction Of Iron Ore Mining Blocks

Goa Government Completes 1st Phase Of Auction Of Iron Ore Mining Blocks

The state Directorate of Mines and Geology (DMG) had conducted the e-auctioning process which will pave way for the resumption of the state's iron ore mining...


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15 December 2022
Vedanta Emerges As Successful Bidder For Bicholim Mining Block In Goa

Vedanta Emerges As Successful Bidder For Bicholim Mining Block In Goa

The state government had started the process to auction four mining blocks in the state including the Bicholim one earlier this year


11 December 2022
Govt To Assess Appetite Of Foreign Funds In HZL Before Stake Dilution

Govt To Assess Appetite Of Foreign Funds In HZL Before Stake Dilution

The Cabinet Committee on Economic Affairs (CCEA) approved the sale of 124.79 crore shares or 29.54 per cent stake the government holds in the zinc producer


08 November 2022
Central African Republic Seeks Indian Firms Like Vedanta To Mine Gold, Uranium

Central African Republic Seeks Indian Firms Like Vedanta To Mine Gold, Uranium

The African nation's Minister for Economy Lea Doumta, who led a delegation on a two-day visit here, said her country is "mighty impressed" with India's growth...


23 September 2022
Vedanta's Proposal To Transfer Rs 12,587 Crore From Reserves Gets Proxy Advisory Firm's Backing

Vedanta's Proposal To Transfer Rs 12,587 Crore From Reserves Gets Proxy Advisory Firm's Backing

Vedanta has convened a meeting of shareholders of the company on October 11 for approval of a scheme of arrangement


15 September 2022
Anil Agarwal Says Gujarat Chosen For Rs 1.52 Lakh Crore Project Based On Independent Advice

Anil Agarwal Says Gujarat Chosen For Rs 1.52 Lakh Crore Project Based On Independent Advice

Originally, Vedanta and its partner Foxconn were looking at Maharashtra for setting up the chip factory but on September 13 signed a memorandum of...


15 September 2022
Commercial Mines Auction: Vedanta Emerges As Highest Bidder For 2 Coal Blocks In Odisha

Commercial Mines Auction: Vedanta Emerges As Highest Bidder For 2 Coal Blocks In Odisha

The blocks were auctioned under the second attempt of the fourth round of  commercial coal mine auction


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