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Friday, September 26, 2025
TopicVedanta Ltd.

Topic: Vedanta Ltd.

Vedanta has lined up partners for semiconductor manufacturing, says chairman Anil Agarwal

Earlier this week, Foxconn withdrew from $19.5 billion semiconductor joint venture with metals-to-oil conglomerate, signaling a change in their partnership dynamics

India’s Vedanta Ltd initiates review of steel businesses

BENGALURU (Reuters) - Indian metals-to-oil conglomerate Vedanta Ltd on Friday said it has initiated a strategic review of its steel and steel raw materials businesses. The review will begin

Vedanta’s latest chip venture with Foxconn is just a little more than a piece of paper

Those hopeful that India can establish a foothold in semiconductor sector should temper expectations, and instead hope that Modi govt will follow through on local chip industry plans.

Vedanta says no restructuring, won’t spin off businesses, as current structure optimal

Company also said it aims to distribute minimum of 30% of attributable profits after tax, before exceptional items & excluding profits of Hindustan Zinc Ltd., as dividends within 6 months.

Indian billionaire Anil Agarwal considering Vedanta Resources merger with cash-rich India unit

Potential deal follows global commodities boom that has fuelled a rally in Mumbai-traded Vedanta Ltd. shares & almost doubled its market capitalisation in the past year to about $17 Bn.

NCLT allows Anil Agarwal’s Vedanta Group to take over Videocon

Twin Star, a part of Agarwal’s Vedanta Group, will pay about Rs 30 billion to Videocon’s lenders. Videocon was among the first 12 companies pushed into bankruptcy after directions issued by RBI in 2017.

Anil Agarwal eyes $10 billion of India turnaround deals

Anil Agarwal is teaming up with London-based Centricus Asset Management Ltd. to seek investments in Indian companies offering substantial growth opportunities.

Vedanta seeks TN govt nod to repair ‘crumbling’ Sterlite Copper smelter

Vedanta was ordered to shut Sterlite Copper last May after 13 people died when police opened fire on protesters, who alleged the plant was polluting the area.

Vedanta to move Supreme Court to reopen copper plant in Tuticorin

The Tamil Nadu government had in May ordered the Vedanta copper plant in Tuticorin to be closed after locals protested to it claiming it was polluting the area.

Lakshmi Mittal on the verge of getting control of Essar Steel and entering India

ArcelorMittal will now begin final negotiations with creditors of Essar Steel under India’s bankruptcy laws.

On Camera

Bads of Bollywood brought Emraan Hashmi out of our guilty pleasure closet, made him cool

With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.