Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Vedanta

Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty

Vedanta's subsidiary, Talwandi Sabo Power Ltd, must pay approximately Rs 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd. The Supreme Court upheld a penalty for misdeclaration of availability in January 2017. This power plant is crucial for Punjab's energy needs. The judgment restores an earlier order…

The Economic Times

It's time for a Bihar IPL team: Vedanta chairman Anil Agarwal says players like Ishan Kishan and Vaibhav Suryavanshi could produce best team in the world

Vedanta chairman Anil Agarwal is advocating for an IPL franchise for Bihar, emphasizing the state's rich cricketing talent and its right to a national identity. Highlighting players like Ishan Kishan and Vaibhav Suryavanshi, Agarwal expressed his dream of providing Bihar's youth with world-class sporting opportunities and support within the state.

The Economic Times

Vedanta demerger: What recent large demergers of Tata Motors, ITC and others tell us about possible listing timeline?

Vedanta's mega demerger has created four new entities, with investors eagerly awaiting their stock market listings. Drawing parallels from recent large demergers like Tata Motors and ITC Hotels, these new companies could see listings ranging from three weeks to several months, depending on regulatory hurdles and operational progress. Analysts suggest…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

India's top copper producers like Adani, Vedanta and Hindalco oppose inclusion of scrap-based rods in standards

In a major dispute, leading copper producers like Adani and Vedanta are opposing the inclusion of copper wire from secondary refiners in government quality standards, based on the argument that products made from scrap pose safety risks due to inconsistent purity. This standoff impacts a significant portion of copper wire…

The Economic Times

Vedanta demerger: At what price will each of the four new companies list? Check cost of acquisition

Vedanta has completed its demerger, with investors awaiting the listing of four new companies. The company has shared the cost of acquisition ratios for these entities. Shareholders will receive individual cost allocations for Vedanta, Malco Energy, Talwandi Sabo Power, Vedanta Aluminium Metal, and Vedanta Iron and Steel. Analysts have provided…

The Economic Times

Vedanta, Hindalco, other metal stocks rally up to 11% in one week. Should you buy or wait? Here's what analysts say

Metal stocks are experiencing a strong rally. Shares of Adani Enterprises, Hindalco Industries, and Vedanta have surged. Analysts recommend patience. Investors should buy on dips rather than chase momentum. Several factors are driving this surge, including government import duty hikes on gold and silver. Strong industrial demand and supply disruptions…

The Economic Times

S&P upgrades Vedanta Resources rating on stronger finances, demerger

The rating upgrade reflects the company's strengthening financial operations, improving cost structures, proactive refinancing and continued deleveraging, following the group's demerger, S&P Global Ratings said in a statement.

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Vedanta demerger: Do you have the unlisted shares in your demat account? Here’s all you need to know

Vedanta's recent demerger has resulted in four new unlisted companies added to shareholders' demat accounts. These entities are expected to list and commence trading on BSE and NSE by mid-June, following regulatory approvals. Investors are now awaiting the market debut of these spun-off businesses.

The Economic Times

Hindustan Zinc shares surge 5% as silver prices near Rs 3 lakh/kg after import duty hike; Vedanta shares jump 4%

Government has raised import duties on gold and silver to 15 percent. This move has caused precious metal prices to surge. Hindustan Zinc and Vedanta shares saw significant jumps following the announcement. The government aims to curb imports and stabilize the rupee. Hindustan Zinc, India's largest silver producer, is expected…

The Economic Times

Vedanta chief Anil Agarwal backs PM's call to save forex, pitches for mining reforms

Vedanta Chairman Anil Agarwal urged swift mining reforms to boost domestic production of oil, gold, and other critical resources, aligning with Prime Minister Modi's call to conserve foreign exchange. Agarwal emphasized privatization and self-certification in clearances to unlock the potential of existing assets and reduce import dependency, citing Vedanta's success…

The Economic Times

Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oil

Vedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for the company’s Rajasthan fields and support upstream exploration. Brokerage CLSA said the royalty cut could significantly benefit Vedanta, while investors also await the listing of its demerged…

The Economic Times

Boiler explosion ‘like a missile landing’ kills 14 workers at Vedanta power plant in India

Incident is one of the worst industrial accidents for years in Chhattisgarh, a mining and heavy industry hub

The Independent UK

Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil

Cairn Oil & Gas aims to rapidly grow as India’s top private energy producer.

Fortune

Safety and fire engineering students of Cusat bag attractive campus placements

Cusat engineering students in safety and fire engineering secure high-paying placements with top companies like GAIL and L&T.

The Hindu

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

Corporate India In Spotlight After Political Donor List Release

Huge donations by firms under criminal investigation or suspected of being shell companies have been funnelled to India's ruling BJP and other parties, new data showed, highlighting the backscratching ties between corporate titans and the government.

The Hindu

SC dismisses Vedanta plea to reopen Thoothukudi copper plant, upholds poeple’s right to health

Supreme Court dismisses Vedanta's plea to reopen Thoothukudi plant, upholding Tamil Nadu's environmental protection measures.

The Hindu

Supreme Court proposes expert panel to evaluate concerns, conditions for consent to Vedanta plant to operate in Thoothukudi

The copper smelting plant was permanently shut down on the orders of the Tamil Nadu government six years ago on grounds of pollution.

The Hindu

Closure of Sterlite Copper unit in Tamil Nadu: Supreme Court to consider hearing Vedanta’s plea

India’s Supreme Court will consider Vedanta group's plea related to closure of its Sterlite Copper unit in Tamil Nadu on Jan 22.

Get all your
news in one place.

100's of premium titles.
One news app.

The Times of India

Over 12,000 runners compete at 8th edition of Vedanta Pink City Half Marathon

JAIPUR: The Vedanta Pink City Half Marathon (VPCHM), an annual flagship event known for promoting health, fitness, and social causes, marked its 8th edition here on Sunday.

The Times of India

Top national athletes to compete at 8th edition of Vedanta Pink City Half Marathon on December 17

JAIPUR: The eighth edition of Vedanta Pink City Half Marathon will be held here on December 17. Top national runners and eminent personalities from Jaipur city and across the country will be seen participating in race categories of 21-km Half Marathon, 10-km Cool Run and 5-km Dream Run.

The Guardian - UK

‘We are powerless’: Indian villagers live in fear of torture in fight against bauxite mine

Adivasis in Banteji say they also face arrests, violence and harassment by police and company officials

The Hindu

Vedanta CFO Sonal Shrivastava resigns

Vedanta on October 24 said Chief Financial Officer (CFO) Sonal Shrivastava has resigned, amid a major structural overhaul announced last month.

The Hindu

Public hearing held in Odisha for eco clearance for Vedanta’s proposed bauxite mine

Public hearing for Vedanta's bauxite mine in Odisha's Rayagada district ended with majority of villagers voicing concerns over potential adverse impact on local ecology. Tight security was in place as villagers had alleged police high-handedness and attempts to allure them to support the project.

The Times of India

Anil Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome

Shares of Anil Agarwal’s Vedanta Ltd rose Tuesday, the first trading day after the Indian tycoon announced an overhaul of his sprawling metals-to-oil empire, despite lingering concerns over the group’s multibillion dollar debt burden.

The Hindu

Explained | Did Vedanta lobby to dilute ‘green’ curbs?

According to a Organised Crime and Corruption Reporting Project (OCCRP) report, the Union Environment Ministry’s 2022 move to relax regulations to allow mining companies to increase production by up to 50% followed lobbying by the Vedanta group in 2021

1 2 3

People

Gopal Sankaranarayanan

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Bharatiya Janata Party

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.