Vedanta Ltd repays high-cost loan, reduces debt, and strengthens balance sheet with refinancing package and improved terms.
The Adani Group, Reliance Industries and Vedanta Group have announced investments of Rs 50,000 crore each in Assam at the ongoing Advantage Assam summit. Tata Power will also invest Rs 30,000 ...
Vedanta Group firm Hindustan Zinc aims to double its metal production to two million tonnes per annum (MTPA) within the next ...
Guwahati: Vedanta Group chairman Anil Agarwal, whose company Cairn Oil and Gas has committed Rs 50,000 crore investment to unlock Assam's hydrocarbon potential at the Advantage Assam2.0 business ...
Group Chairman Anil Agarwal launched the plan to overhaul the business in 2023 following an unsuccessful attempt to take Vedanta private in 2020 as its UK parent Vedanta Resources chips away at ...
As part of the restructuring scheme, Anil Agarwal-led Vedanta will split its into 5 companies. Four new companies will take ...
Group Net Debt/EBITDA is currently at 2.3x, and the near to medium term target is to reduce it to 1x.” Vedanta Base Metals not a problem in value unlocking Earlier, the Vedanta Base Metals ...
(Reuters) - Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all ...
Vedanta has secured creditor approval for its demerger, surpassing the required 75% support with 83%. This restructuring will divide the company into five separate businesses, enhancing individual ...
Vedanta’s restructuring plan involves splitting the company into five distinct listed entities, Vedanta, Vedanta Aluminium Metal, Talwandi Sabo Power Limited, Malco Energy, and Vedanta Iron and Steel.