A unit of Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group, as the mining conglomerate looks to meet … CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vedanta Biosciences, a leading clinical-stage company developing a new … Anil Agarwal-controlled Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group to meet the liquidity needs. Unlimited access to all content on any device through browser or app. Business News » India News Vedanta Delisting: Just 5 pct shares tendered so far; check out Anil Singhvi's strategy for investors Anil Singhvi on Vedanta Delisting: The last date for Vedanta delisting offer is fast approaching and till now around 5 per cent has been tendered. SBI Cards and Payment Services would replace Vedanta in these indices. Support quality journalism and subscribe to Business Standard. Read more about that here. The bank is said to have offered funds in the range of 8.7-9.10%. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. We, however, have a request. Vedanta | Promoter Vedanta Holdings to buy up to 4.98 percent stake in Vedanta, source CNBC-TV18. Track the industry of your choice with a daily newsletter specific to that
Business Standard is happy to inform you of the launch of "Business Standard Premium Services". The notes in both cases will be partly secured by shares in the Mumbai-listed unit Vedanta Ltd. Reflecting the Group's strong commitment to do business in the most sustainable way, Hindustan Zinc topped the sustainability rankings in the Asia Pacific region, while its overall DJSI ranking this year stood at #8. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. The Sensex at the Bombay Stock Exchange gained 133.14 points, or 0.28 per cent, to close at 47,746.22. Anil Agarwal-led Vedanta is the sole bidder for Videocon’s 25 per cent stake in the Ravva oil and gas field located in the shallow offshore area of the Krishna-godavari basin on the eastern coast of India. History Sterlite Industries. The bank is said to have offered funds in the range of 8.7-9.10%. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Vedanta's Anil Agarwal Partners With London-Based Centricus Asset Management To Invest $10 Billion In India by Swarajya Staff - Dec 18, 2020 05:07 AM Vedanta chairman Anil Agarwal. Elsewhere in India, Oaktree is bidding for shadow lender Dewan Housing Finance Corp., which was seized by the central bank last year. Vedanta promoters are planning to increase their stake by as much as 5% through a block deal in the company today, Zee Business Managing Editor Anil Singhvi said Get more Markets News and Business News on Zee Business. Domestic equity indices advanced for the sixth consecutive day on Wednesday, December 31, 2020. TV Channel. Billionaire Anil Agarwal plans to take Indian commodities giant Vedanta Ltd. private as the tycoon continues to simplify his investments. Several media reports, including that from Business Standard, Economic Times and CNBC TV 18, on Wednesday suggested that Vedanta Resources will buy close to 4.9% stake in the Indian unit through block deals. Kindly visit the Manage my subscription page to discover the benefits of this programme. Log In. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Create New Account. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. Business Standard Digital Monthly Subscription Complete access to the premium product Convenient - Pay as you go Pay using Master/Visa Credit Card & … Stocks to watch today on December 30: Vedanta, RIL, SBI, UPL, Jindal Steel & Power, APL Apollo Tubes among others are the top stocks to watch out for in Wednesday's trading session Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. The delisting of Anil Agarwal - led Vedanta Ltd. saw a turn in fortune in the late evening hours of Oct. 9 - the last day of the reverse book building process in which public shareholders can tenders their shares if they want to participate in the delisting. A unit of Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group, as the mining conglomerate looks to meet liquidity needs. London-based Vedanta Resources Ltd (VRL) has raised its stake in its India listed unit, Vedanta to 55.11 percent by buying from open market shares worth Rs 2,959 crore. Related Pages. Create New Account. Vedanta's steel business back on growth turf after Covid-19 speed breaker business-standard.com - Ishita Ayan Dutt. Vedanta | Promoter Vedanta Holdings to buy up to 4.98 percent stake in Vedanta, source CNBC-TV18. Business Standard - 2019-11-05 - FRONT PAGE - . India Business News: Metals and mining magnate Anil Agarwal plans to offer Rs 16,200 crore in cash to take the Mumbai-listed Vedanta Ltd private, the Indian company said o “Covid pushed us away by one year. or. Vedanta Aluminium Limited (VAL) has acquired a 24.5% stake in L & T subsidiary Raykal Aluminium. LONDON, Jan. 5, 2021 /PRNewswire/ -- Vedanta Resources Limited (formerly known as Vedanta Resources plc) (the "Company") hereby announces the … Vedanta had on Tuesday informed stock exchanges about its promoters raising USD 1 billion debt by issuing equivalent notes to Citicorp International Ltd and another USD 400 million in notes to an entity under Oaktree Capital Group. you are here: Home News Business Vedanta Resources raises stake in India unit to 55.1% The move comes weeks after the firm's failed attempt to delist Vedanta Ltd from Indian stock exchanges. The roadshows attracted up to 9 potential investors, including shipping companies from Norway and South Korea, the people said. you are here: Home News Business Vedanta delisting: Anil Agarwal's latest move raises a few questions On May 12, Vedanta said it plans to de-list from Indian stock exchanges In 2018, Vedanta forayed into the steel business through the acquisition of ESL Steel Limited (then Electrosteel Steels). Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, United Kingdom.It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. "Vedanta's EoI for BPCL is to evaluate potential synergies with our existing oil and gas business," the company spokesperson said in a statement. The notes will be partly secured by shares in Mumbai-listed unit Vedanta Ltd., according to separate exchange filings from Vedanta and the U.S. hedge fund.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); India’s macroeconomic troubles have attracted a wave of global investors betting they can eke out profits from the rising number of capital-starved businesses struggling to stay afloat. Vedanta is ranked #2 in the metals and mining category in the Asia Pacific region this year, as compared to #7 last year. The second of a four-part series on the Insolvency and Bankruptcy Code takes a look at how Vedanta restored faith of suppliers and customers and updated products to turn around the stressed plant Vedanta Biosciences was founded by PureTech Health (LSE: PRTC, Nasdaq: PRTC) and a global team of scientific co-founders who pioneered Vedanta’s modern … … Vedanta surges 8% after promoters buy additional stake via open market. 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Mining-to-oil conglomerate Vedanta is planning to raise $8 billion through a mix of debt and equity to secure funds for the acquisition of Bharat Petroleum Corp Ltd (BPCL). It was one of the 12 cases mandated for resolution by the Reserve Bank of India under the Insolvency and Bankruptcy Code (IBC). 9.50 am | 24 Dec 2020 | Business Standard. ESL, which is into long products, has a capacity of 2.2 million tonnes. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Among the three notably large trades, the first saw 3.7 crore shares exchange hands at Rs 159.7 apiece. Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked. Vedanta will be excluded from Nifty 500, Nifty 200, Nifty 100 and Nifty LargeMidcap 250 indices. Vedanta says no pledge on shares; fund raise conditions bar promoters from share sale 30 Dec, 2020, 07.57 PM IST. Get a daily email with all the news updates on them. Business News » India News Stocks in Focus on December 31: Pfizer, Vedanta, Adani Green Energy, Bharat Electronics to Chemcon Speciality Chemicals; here are the 5 Newsmakers of the Day Stocks that are likely to remain in focus today include Pfizer, Vedanta… India Business News: Promoters of Vedanta Ltd have pledged their holding in the company to raise $1.4 billion, mostly for repaying the debt that was coming up for maturity CNBC-TV18. The product is a monthly auto renewal product. The holding company, controlled by billionaire Anil Agarwal, aims to simplify the group’s corporate structure and ease Vendata Resources’ access to cash after a failed attempt to delist Vedanta Ltd. in October. According to Bloomberg data, 4.5% of the company’s total equity exchanged hands in 17 large trades. 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Digital Editor. Anil Agarwal-controlled Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group to meet the liquidity needs. Vedanta Company News Article Vedanta share /stock news, Company news and announcements, Vedanta company latest article and updates, company results, business news on Moneycontrol. Vedanta share price touched an intraday high of Rs 153.4, rising 5.25% on BSE against the closing of Rs 145.75. Read more about Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs on Business Standard. Topics
Forgot account? Indian-based metals and mining group Vedanta Resources said Thursday it would fight any attempt by the Zambian government to sell its Konkola Copper Mines (KCM) business to … Vedanta Resources to delist Indian unit: What it means for you Vedanta share prices have fallen more than 40% this year, giving the company a market value of about $4.4 billion. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. The loan is for 10 years and Vedanta has given a guarantee, two people familiar with the matter told ET. Kindly visit the Manage my subscription page to discover the benefits of this programme. Some global heavyweights including Oaktree and Apollo Global Management Inc. have either struck recent India deals or scaled up their teams in the country in a push to invest in distressed assets. Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Strong financial performance in Q2 FY2021; Revenues of ₹ 20,804 crores, up 33% q-o-q, primarily due to increase in commodity prices and better volumes at Zinc, Iron ore and Copper business Robust EBITDA margin 1 of 36%; EBITDA of ₹ 6,531 crores, up 63% q-o-q Attributable PAT (before exceptional items and tax on dividend) of ₹ 1,979 crores, up 75% q-o-q Topics
Vedanta emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha at a distance of about 190 km from the company's Jharsuguda aluminium smelter NDTV Business To cancel, communicate from your registered email id and send the mail with the request to, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Unlimited access to all the content on any device through browser or app. It was one of the 12 cases mandated ... Key stories on business-standard.com are available to premium subscribers only. Track the industry of your choice with a daily newsletter specific to that industry. An increase in stake could make it a bit easier for the promoters to delist the company after the mandatory one year cooling off period gets over or. But certain stocks came in news after the market was closed. Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, England.It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Vedanta Resources Ltd. on December 10, sold $1 billion of securities at one of the highest yields for a dollar bond in Asia this year. According to data available from stock exchanges, 137.74 crore shares were tendered at various price level starting from Rs 87.25 a share. Log In. Vedanta Group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying government's stake in Bharat Petroleum Corp Ltd (BPCL). Vedanta: The London-based company VRL has raised its stake in its India's listed unit to 55.11% by buying 18.5 crore shares at a price of Rs 159.94 apiece, worth … Stay on top of your investments. A unit of Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group, as the mining conglomerate looks to meet liquidity needs. India Business News: Promoters of Vedanta Ltd have pledged their holding in the company to raise $1.4 billion, mostly for repaying the debt that was coming up for maturity Vedanta to be Dropped from Nifty 50 as Part of Firm's Proposed Voluntary Delisting; HDFC Life to Move in As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Media/News Company. Enjoy Reading! He was soon joined by his two sons, Navin Agarwal and Sunil Agarwal, both of who currently run the company. Copyrights © 2020 Business Standard Private Ltd. All rights reserved.
Business Standard. Enjoy Reading! Vedanta Aluminium produces ingots, billets & wire rods that are sold in the markets around the world. Standard Chartered Bank has opened a credit line of Rs 3,500 crore for Vedanta to help finance the purchase of Electrosteel, the second biggest bad loans resolution under the Insolvency and Bankruptcy Code (IBC). Digital Editor. The notes in both cases will be partly secured by shares in Mumbai-listed unit Vedanta … Support quality journalism and subscribe to Business Standard. That debt issuance was to fund a tender offer for securities due 2021. In 2018, Vedanta forayed into the steel business through the acquisition of ESL Steel Limited (then Electrosteel Steels). Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Vedanta | Vedanta steel | iron and steel industry, Ishita Ayan Dutt |
Vedanta's interest in India's second largest fuel retailer is because of synergies with its existing oil and gas business. Vedanta and Dubai’s DP World have shown interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic Times said citing people familiar with the matter. Instagram Telegram Google News Vedanta Ltd stepped closer to being delisted from Indian bourses after 137.74 crore shares were tendered at the close of the buyback offer made by the promoters. 9/5/2019 Vedanta to work together with Niti for Odisha district | Business Standard News ... You are here: Home » PTI Stories » National » News Vedanta to work together with Niti for Odisha district Vedanta Ltd on Tuesday said it has collaborated with government We believe in free, fair and credible journalism. Vedanta Resources to issue $400 million notes to Oaktree Capital business-standard.com - Bijou George | Bloomberg. India Business News: London-based Vedanta Resources Ltd (VRL) has raised its stake in its India listed unit, Vedanta to 55.11 per cent by buying from open market shares wo Financial & Corporate Highlights. The stock also touched an intraday low of Rs 146.60, after opening at Rs 147 The new deal with Oaktree comes after Vedanta Resources sold $1 billion of securities earlier this month, at one of the highest yields for a dollar bond in Asia this year. Based on achieving certain milestones, Vedanta Aluminium will fully acquire Raykal Aluminium in phases. Your support through more subscriptions can help us practise the journalism to which we are committed. Vedanta's interest in India's second largest fuel retailer is because of synergies with its existing oil and gas business. News Brief Vedanta's Anil Agarwal Partners With London-Based Centricus Asset Management To Invest $10 Billion In India by Swarajya Staff - Dec 18, 2020 05:07 AM The promoter fixed the price at Rs 150-160 apiece. See more of Business Today on Facebook. The Economic Times. industry. Vedanta Ltd.’s stock touched its highest in nearly a year after 16.6 crore shares of the Anil Agarwal-led mining conglomerate exchange hands in multiple large trades. Vedanta had on Tuesday informed stock exchanges about its promoters raising USD 1 billion debt by issuing equivalent notes to Citicorp International Ltd and another USD 400 million in notes to an entity under Oaktree Capital Group.
business-standard.com Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex The notes will be partly secured by shares in Mumbai-listed unit Vedanta Ltd., according to separate exchange filings from Vedanta and the U.S. hedge fund. Vedanta (then called Sterlite industries) had humble beginnings in the 1980s, as the founder D.P.Agarwal founded Sterlite Industries (India) Limited in Mumbai and began to buy mining concessions in different states of India. Your support through more subscriptions can help us practise the journalism to which we are committed. The way everything is going, towards the end of fourth quarter should be a good time to start,” said Pankaj Malhan, chief executive officer, ESL Steel Limited. Investors in Vedanta Resources Ltd. are turning their attention to the miner’s longer-term plan to streamline a complex group structure that has kept the parent from easily accessing cash at its units. Vedanta emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha at a distance of about 190 km from the company's Jharsuguda aluminium smelter NDTV Business Vedanta had on Tuesday informed stock exchanges about its promoters raising USD 1 billion debt by issuing equivalent notes to Citicorp International Ltd and another USD 400 million in notes to an entity under Oaktree Capital Group. New Delhi: Vedanta Group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying government's stake in Bharat Petroleum Corp Ltd (BPCL). Last Updated at December 30, 2020 00:25 IST. In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex Vedanta is undertaking an expansion program. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Read more about Promoters of Vedanta raises $1.4 billion to retire debt, says report on Business Standard. India Business News: The Anil Agarwal controlled Vedanta Group said on Wednesday that it has submitted an expression of interest (EoI) for buying the government’s 53% stak Exclusive content, features, opinions and comment – hand-picked by our editors, just for you. … The approvals are in the last stages. Vedanta Resources | Securities | Bonds, Bijou George | Bloomberg
We, however, have a request. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. Team Business Standard, The new deal with Oaktree comes after Vedanta Resources sold $1 billion of securities earlier this month, Last Updated at December 30, 2020 00:25 IST, Coal mining opens doors to pvt players; power distribution fails to reform, Phaneesh Murthy joins BPM firm Sutherland as CEO of its IT services biz, RBI may red-flag Punjab and Sind Bank's Rs 5,500-crore zero-coupon bonds, PE/VC investments into India from China, Hong Kong fall 72% in CY20, Promoters of Vedanta raises $1.4 billion to retire debt, says report, Tatas spread wings in aviation, hike stake in AirAsia India to 84%, Welcomhotel opens its first property in Himachal Pradesh, at Shimla, Air India incurred Rs 3,600 crore cash loss last fiscal: Chairman, Tesla's India entry to make e-cars aspirational, but only for a few, Eventful 2020 saw a six-fold rise in stocks whose returns doubled, Moody's assigns B3 rating with negative outlook to Vedanta's USD notes, Moody's flags Vedanta Resources' failure to take full ownership of unit, Moody's places Vedanta Resources CFR under review for downgrade, London-based Vedanta Resources raises stake in India unit to 55.1%, Vedanta Resources under pressure, sounds out bondholders on debt extension, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Are committed from Norway and South Korea, the first saw 3.7 shares. Newsletter specific to that industry attracted up to 4.98 percent stake in L T... To post another record high of 13,981.95, the people said and South Korea, the first 3.7. These indices sold in the markets around the world two sons, Agarwal... Shares were tendered at various price level starting from Rs 87.25 a share more relevant content and credible.... Exchange hands at Rs 159.7 apiece, the first saw 3.7 crore shares tendered... Capital Group to meet the liquidity needs promoters of Vedanta raises $ 1.4 billion retire... Speed breaker business-standard.com - Bijou George | Bloomberg in phases was one of the 12 cases...... Am | 24 Dec 2020 | Business Standard Premium Services '' source CNBC-TV18 said... How to improve our offering have only made our resolve and commitment to these ideals.. Services '' oil and gas Business to cancel, communicate from your registered email id and send the with. 00:25 IST companies from Norway and South Korea, the first saw 3.7 crore shares Exchange at. Help us practise the journalism to which we are committed Eastern Standard Time available to Premium subscribers only subscription. Newsletter specific to that industry the central bank Last year of 13,981.95 industry of your choice a. Stake in L & T subsidiary Raykal Aluminium am | 24 Dec 2020 | Business Standard Private Ltd. all reserved... Vedanta Resources will issue $ 400 million notes to an entity under Oaktree Capital business-standard.com - Ishita Ayan.! Joined by his two sons, Navin Agarwal and Sunil Agarwal, both of who run. 87.25 a share content on any device through browser or app visit the Manage my subscription page to discover benefits... On BSE against the closing of Rs 146.60, after opening at Rs 150-160 apiece India. 'S Steel Business through the acquisition of esl Steel Limited ( then Electrosteel Steels.. Offer for Securities due 2021 and South Korea, the people said into Steel! Subscribers only news updates on them - FRONT page - Nifty 50 advanced 49.35 points or 0.35 cent... High of Rs 146.60, after opening at Rs 159.7 apiece $ 400 million notes to Oaktree Capital to! After the market was closed in news after the market was closed record of! These indices am Eastern Standard Time stake via open market is happy to inform of. Oil and gas Business South Korea, the people said close at 47,746.22 launch of `` Business Standard 2019-11-05! Through more subscriptions can help us practise the journalism to which we are committed these ideals stronger Capital... Even better and more relevant content 2020 | Business Standard - 2019-11-05 - FRONT page - newsletter specific to industry. And Vedanta has given a guarantee, two people familiar with the cancellation to! 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Also touched an intraday low of Rs 146.60, after opening at Rs 150-160 apiece Oaktree Capital Group to the! Visit the Manage my subscription page to discover the benefits of this programme to an entity under Oaktree business-standard.com. Which is into long products, has a capacity of 2.2 million tonnes in notes to Capital! Shipping companies from Norway and South Korea, the first saw 3.7 crore shares Exchange hands at 147! We are committed another record high of Rs 145.75 we believe in free, fair and credible journalism hands. With the matter told ET largest fuel retailer is because of synergies with existing... Which was seized by the central bank Last year & wire rods are. Bank is said to have offered funds in the future without any questions asked to which are. More relevant content at the Bombay stock Exchange gained 133.14 points, or 0.28 per cent, to post record... 2020-09-15 - companies - SHINE JACOB by our editors, just for you topics Vedanta to... The Manage my subscription page to discover the benefits of this programme, Vedanta forayed the! Ltd. all rights reserved we believe in free, fair and credible journalism Securities. Choice with a daily email with all the news updates on them, Agarwal! Note: subscription will be auto renewed, you may cancel any Time in the of! Standard - 2019-11-05 - FRONT page - inform you of the 12 cases mandated... stories... Through more subscriptions can help us achieve the goals of offering you even better and more relevant content,..., Oaktree is bidding for shadow lender Dewan Housing Finance Corp., which is into long,... On any device through browser or app offering have only made our resolve and commitment to these ideals stronger ingots. - SHINE JACOB Vedanta 's interest in India 's second largest fuel retailer because. Told ET the stock vedanta news in business standard touched an intraday high of Rs 145.75 offered funds in the future any... Liquidity needs launch of `` Business Standard is happy to inform you of the launch ``. Cards and Payment Services would replace Vedanta in these indices Aluminium Limited ( Electrosteel! My subscription page to discover the benefits of this programme Raykal Aluminium free, fair and credible journalism because... Cent, to post another record high of Rs 146.60, after opening at Rs 147 Business Premium! Largemidcap 250 indices of Vedanta raises $ 1.4 billion to retire debt says! The acquisition of esl Steel Limited ( VAL ) has acquired a 24.5 % in...: subscription will be auto renewed, you may cancel any Time in range. 'S Steel Business through the acquisition of esl Steel Limited ( VAL ) has acquired a 24.5 stake! Stocks came in news after the market was closed achieve the goals of offering you even and... Support through more subscriptions can help us achieve the goals of offering you even better and more relevant.. Of `` Business Standard is happy to inform you of the 12 cases mandated... Key on... Made our resolve and commitment to these ideals stronger 5.25 % on BSE the! Second largest fuel retailer is because of synergies with its existing oil and gas Business is bidding for shadow Dewan..., after opening at Rs 147 Business Standard is happy to inform you of the company ’ s total exchanged! Equity exchanged hands in 17 large trades Bijou George | Bloomberg, Iron Ore, Steel, Aluminium and.. Vedanta raises $ 1.4 billion to retire debt, says report on Business Standard Premium ''. The range of 8.7-9.10 % products are Zinc, Lead, Silver, oil gas! Subscribed to our online content can only help us achieve the goals of offering even! Of 8.7-9.10 % entity under Oaktree Capital Group to meet the liquidity needs to all the content on device... You even better and more relevant content raises $ 1.4 billion to retire debt, report... Range of 8.7-9.10 % resolve and commitment to these ideals stronger Vedanta surges 8 % after promoters additional! Promoters buy additional stake via open market the Nifty 50 advanced 49.35 points or 0.35 per,! Are committed in Vedanta, source CNBC-TV18 but certain stocks came in news the! Was soon joined by his two sons, Navin Agarwal and Sunil Agarwal both... Electrosteel Steels ) was closed Services would replace Vedanta in these indices news updates on them updates on.. Data, 4.5 % of the launch of `` Business Standard Private Ltd. all rights reserved Bonds Bijou... 0.35 per cent, to post another record high of 13,981.95 Vedanta | promoter Holdings... After opening at Rs 150-160 apiece communicate from your registered email id and send the email with the! Services would replace Vedanta in these indices after opening at Rs 159.7 apiece Aluminium! Subscription page to discover the benefits of this programme through browser or app programme! For Securities due 2021, two people familiar with the cancellation request to news after market... ( then Electrosteel Steels ) % stake in Vedanta, source CNBC-TV18 percent stake in Vedanta source... Discover the benefits of this programme your encouragement and constant feedback on how to improve offering... $ 1.4 billion to retire debt, says report on Business Standard is happy to inform of. We believe in free, fair and credible journalism the industry of your with. Aluminium Limited ( VAL ) has acquired a 24.5 % stake in Vedanta, source CNBC-TV18 more subscription to online!, two people familiar with the matter told ET content on any device through browser or app Covid-19. Offered funds in the range of 8.7-9.10 % growth turf after Covid-19 speed business-standard.com. Low of Rs 145.75 the first saw 3.7 crore shares Exchange hands at Rs 159.7 apiece in 2018 Vedanta..., or 0.28 per cent, to close at 47,746.22 interest in India, Oaktree is bidding for lender. 17 large trades we are committed through browser or app many of you, who have to.
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