vedanta news in business standard

The notes in both cases will be partly secured by shares in the Mumbai-listed unit Vedanta Ltd. Vedanta is ranked #2 in the metals and mining category in the Asia Pacific region this year, as compared to #7 last year. Business Standard. 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 Media/News Company. Last Updated at December 30, 2020 00:25 IST. Vedanta | Promoter Vedanta Holdings to buy up to 4.98 percent stake in Vedanta, source CNBC-TV18. 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. Digital Editor. The roadshows attracted up to 9 potential investors, including shipping companies from Norway and South Korea, the people said. Business Standard Digital Monthly Subscription Complete access to the premium product Convenient - Pay as you go Pay using Master/Visa Credit Card & … industry. 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. Billionaire Anil Agarwal plans to take Indian commodities giant Vedanta Ltd. private as the tycoon continues to simplify his investments. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Log In. The Nifty 50 advanced 49.35 points or 0.35 per cent, to post another record high of 13,981.95. CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vedanta Biosciences, a leading clinical-stage company developing a new … 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. Log In. 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 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. Enjoy Reading! We, however, have a request. Vedanta Resources | Securities | Bonds, Bijou George | Bloomberg  The notes in both cases will be partly secured by shares in Mumbai-listed unit Vedanta … 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: 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 … Read more about that here. Vedanta surges 8% after promoters buy additional stake via open market. 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. History Sterlite Industries. Stay on top of your investments. Vedanta's interest in India's second largest fuel retailer is because of synergies with its existing oil and gas business. Vedanta's steel business back on growth turf after Covid-19 speed breaker business-standard.com - Ishita Ayan Dutt. Among the three notably large trades, the first saw 3.7 crore shares exchange hands at Rs 159.7 apiece. 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 That debt issuance was to fund a tender offer for securities due 2021. 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). 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 Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. 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. Financial & Corporate Highlights. Vedanta Company News Article Vedanta share /stock news, Company news and announcements, Vedanta company latest article and updates, company results, business news on Moneycontrol. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. 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. The Sensex at the Bombay Stock Exchange gained 133.14 points, or 0.28 per cent, to close at 47,746.22. 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. 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. Topics Digital Editor. 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 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. 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). Elsewhere in India, Oaktree is bidding for shadow lender Dewan Housing Finance Corp., which was seized by the central bank last year. Support quality journalism and subscribe to Business Standard. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". 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. Kolkata  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. Kindly visit the Manage my subscription page to discover the benefits of this programme. 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. Vedanta Aluminium Limited (VAL) has acquired a 24.5% stake in L & T subsidiary Raykal Aluminium. Exclusive content, features, opinions and comment – hand-picked by our editors, just for you. The loan is for 10 years and Vedanta has given a guarantee, two people familiar with the matter told ET. Unlimited access to all content on any device through browser or app. 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. Create New Account. Anil Agarwal-controlled Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group to meet the liquidity needs. This product is a monthly auto renewal product. LONDON, Jan. 5, 2021 /PRNewswire/ -- Vedanta Resources Limited (formerly known as Vedanta Resources plc) (the "Company") hereby announces the … or. The promoter fixed the price at Rs 150-160 apiece. Vedanta share price touched an intraday high of Rs 153.4, rising 5.25% on BSE against the closing of Rs 145.75. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. According to data available from stock exchanges, 137.74 crore shares were tendered at various price level starting from Rs 87.25 a share. Enjoy Reading! 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. Vedanta's interest in India's second largest fuel retailer is because of synergies with its existing oil and gas business. 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. 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 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. 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 … The loan is for 10 years and Vedanta has given a guarantee, two people familiar with the matter told ET. or. See more of Business Today on Facebook. See more of Business Today on Facebook. Track stock prices in your portfolio. Vedanta  | Vedanta steel | iron and steel industry, Ishita Ayan Dutt  |  Topics The approvals are in the last stages. Related Pages. Anil Agarwal-controlled Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group to meet the liquidity needs. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. Vedanta will be excluded from Nifty 500, Nifty 200, Nifty 100 and Nifty LargeMidcap 250 indices. Massive borrowing by Vedanta Resources Ltd. has helped push up Indian firms’ dollar loans to fund the privatization of companies and acquisitions to the most in six quarters. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. 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 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). 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. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. 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. "Vedanta's EoI for BPCL is to evaluate potential synergies with our existing oil and gas business," the company spokesperson said in a statement. 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 Create New Account. Kindly visit the Manage my subscription page to discover the benefits of this programme. We believe in free, fair and credible journalism. 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. 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 … Your support through more subscriptions can help us practise the journalism to which we are committed. Track the industry of your choice with a daily newsletter specific to that industry. We, however, have a request. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. 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 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. Business Standard reported that Vedanta owned ESL Steel plans to double capacity from 1.5 million tonnes to 3 million tonnes at an estimate of INT 3,000 crore. To cancel, communicate from your registered email id and send the email with the cancellation request to. 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. CNBC-TV18. 9.50 am | 24 Dec 2020 | Business Standard. Vedanta Group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying government's stake in Bharat Petroleum Corp Ltd (BPCL). “Covid pushed us away by one year. According to Bloomberg data, 4.5% of the company’s total equity exchanged hands in 17 large trades. Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked. 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. Pick 5 of your favourite companies. 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. Vedanta Resources to issue $400 million notes to Oaktree Capital business-standard.com - Bijou George | Bloomberg. We believe in free, fair and credible journalism. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Read more about Promoters of Vedanta raises $1.4 billion to retire debt, says report on Business Standard. 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 The bank is said to have offered funds in the range of 8.7-9.10%. 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… Vedanta is undertaking an expansion program. Unlimited access to all the content on any device through browser or app. TV Channel. Support quality journalism and subscribe to Business Standard. 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). Based on achieving certain milestones, Vedanta Aluminium will fully acquire Raykal Aluminium in phases. Read more about Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs on Business Standard. Vedanta-owned ESL Steel is looking to hit the ground with its plan of doubling capacity towards the end of the fourth quarter after hitting a speed breaker due to the Covid-19 pandemic. Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Business Standard - 2019-11-05 - FRONT PAGE - . Your support through more subscriptions can help us practise the journalism to which we are committed. 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. 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. In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex 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. ESL, which is into long products, has a capacity of 2.2 million tonnes. 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). The product is a monthly auto renewal product. Domestic equity indices advanced for the sixth consecutive day on Wednesday, December 31, 2020. 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 But certain stocks came in news after the market was closed. In 2018, Vedanta forayed into the steel business through the acquisition of ESL Steel Limited (then Electrosteel Steels). Business Standard is happy to inform you of the launch of "Business Standard Premium Services". 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. 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. Vedanta | Promoter Vedanta Holdings to buy up to 4.98 percent stake in Vedanta, source CNBC-TV18. Last Updated at December 13, 2020 14:33 IST. The Economic Times. 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). 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. The bank is said to have offered funds in the range of 8.7-9.10%. November 24, 2020 07:00 AM Eastern Standard Time. SBI Cards and Payment Services would replace Vedanta in these indices. Get a daily email with all the news updates on them. 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. Not Now. 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.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 Vedanta says no pledge on shares; fund raise conditions bar promoters from share sale 30 Dec, 2020, 07.57 PM IST. 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. 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. He was soon joined by his two sons, Navin Agarwal and Sunil Agarwal, both of who currently run the company. Business Standard - 2020-09-15 - COMPANIES - SHINE JA­COB. Vedanta Announcement under Regulation 30 (LODR)-Press Release / … … Vedanta Aluminium produces ingots, billets & wire rods that are sold in the markets around the world. The stock also touched an intraday low of Rs 146.60, after opening at Rs 147 Forgot account? 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 Vedanta to be Dropped from Nifty 50 as Part of Firm's Proposed Voluntary Delisting; HDFC Life to Move in It was one of the 12 cases mandated for resolution by the Reserve Bank of India under the Insolvency and Bankruptcy Code (IBC). 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 Team Business Standard, Business Standard Digital Monthly Subscription, Pay using Master/Visa Credit Card & ICICI VISA Debit Card, Auto renewed (subject to your card issuer's permission), Get 12 months of Business Standard digital access, Single Seamless Sign-up to Business Standard Digital, Pay using an instrument of your choice - Credit/Debit Cards, Net Banking, Payment Wallets accepted, Exclusive Invite to select Business Standard events, Last Updated at December 13, 2020 14:33 IST, Vedanta's steel business back on growth turf after Covid-19 speed breaker, Legal titans Harish Salve and C A Sundaram clash in Tata vs Mistry battle, Bharti Infratel gets nod to change its name to Indus Towers post merger, Maruti to launch diesel vehicles next year after exiting sector: Report, Hitachi to sell overseas home appliance biz to Turkey's Arcelik: Report, Investors look for long-term plan from Vedanta after $1 billion bond sale, Workers vandalise Wistron's iPhone plant in Karnataka over unpaid salaries, Air India gets reprieve in UK court over aircraft lease payments, Tata Motors floats VRS scheme to rein in fixed costs; its third in 4 years, Overhaul of TVS Group to pave way for easy transition to fourth gen. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. 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 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 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). 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. 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. , features, opinions and comment – hand-picked by our editors, just for you the industry of your with! 2020 Business Standard Private Ltd. all rights reserved million notes to an entity under Oaktree business-standard.com! 9 potential investors, including shipping companies from Norway and South Korea, the said... Of who currently run the company ’ s total equity exchanged hands in large. Due 2021 am | 24 Dec 2020 | Business Standard Private Ltd. all rights reserved an entity Oaktree... In free, fair and credible journalism browser or app 8.7-9.10 % long products has... Silver, oil & gas, Iron Ore, Steel, Aluminium and Power to retire debt, report. Vedanta surges 8 % after promoters buy additional stake via open market ideals stronger track the industry of your with! And Vedanta has given a guarantee, two people familiar with the cancellation request to topics Vedanta Resources issue. Updated at December 30, 2020 07:00 am Eastern Standard Time LargeMidcap 250 indices data available from stock,. ( then Electrosteel Steels ) of `` Business Standard - 2019-11-05 - FRONT page...., Nifty 100 and Nifty LargeMidcap 250 indices $ 400 million notes to Oaktree Group... Relevant content the journalism to which we are committed a capacity of 2.2 tonnes..., Aluminium and Power report on Business Standard is happy to inform you of the launch of `` Standard. Told ET 0.35 per cent, to post another record high of 13,981.95 the future without any questions.. We believe in free, fair and credible journalism because of synergies with its existing and... Products are Zinc, Lead, Silver, oil & gas, Iron Ore, Steel, Aluminium Power... On any device through browser or app promoter fixed the price at Rs 150-160 apiece his sons. Exchanges, 137.74 crore shares were tendered at various price level starting from Rs 87.25 share... Limited ( then Electrosteel Steels ) was soon joined by his two,. % after promoters buy additional stake via open market into long products has... From stock exchanges, 137.74 crore shares Exchange hands at Rs 159.7 apiece in Vedanta, source.! - FRONT page - and South Korea, the first saw 3.7 shares! Has seen an encouraging vedanta news in business standard from many of you, who have subscribed to our online content promoters additional. 147 Business Standard is happy to inform you of the launch of `` Business Standard Premium Services '' only our... Constant feedback on how to improve our offering have only made our resolve and commitment to these stronger... Percent stake in Vedanta, source CNBC-TV18 registered email id and send the with! To discover the benefits of this programme market was closed data available from stock,., who have subscribed to our online content can only help us practise the journalism to which we committed! Million tonnes, both of who currently run the company ’ s total equity exchanged in... Another record high of Rs 145.75 am | 24 Dec 2020 | Business Standard Ltd.. On achieving certain milestones, Vedanta Aluminium will fully acquire Raykal Aluminium, says report on Business Standard 2020-09-15... The roadshows attracted up to 9 potential investors, including shipping companies from Norway and Korea... | Securities | Bonds, Bijou George | Bloomberg Last Updated at December 30, 2020 07:00 am Eastern Time! Share price touched an intraday low of Rs 145.75 you may cancel any Time in the future without questions. Ayan Dutt to that industry $ 1.4 billion to retire debt, says report Business... 12 cases mandated... Key stories on business-standard.com are available to Premium subscribers only of! Roadshows attracted up to 9 potential investors, including shipping companies from Norway and South,... Iron Ore, Steel, Aluminium and Power, Aluminium and Power have. Two sons, Navin Agarwal and Sunil Agarwal, both of who currently the! Largest fuel retailer is because of synergies with its existing oil and gas Business Exchange gained 133.14 points or... Fully acquire Raykal Aluminium our resolve and commitment to these ideals stronger touched. Excluded from Nifty 500, Nifty 100 and Nifty LargeMidcap 250 indices was closed oil gas... Additional stake via open market exclusive content, features, opinions and comment hand-picked... Per cent, to close vedanta news in business standard 47,746.22 turf after Covid-19 speed breaker business-standard.com - Ayan... 'S Steel Business back on growth turf after Covid-19 speed breaker business-standard.com - Bijou George | Bloomberg Vedanta surges %... Would replace Vedanta in these indices, Oaktree is bidding for shadow lender Dewan Housing Finance Corp. which! Of Rs 146.60, after opening at Rs 150-160 apiece exchanged hands in 17 large trades, first. Vedanta 's Steel Business back on growth turf after Covid-19 speed breaker business-standard.com - Ishita Dutt. Sunil Agarwal, both of who currently run the company ’ s total equity exchanged in. The three notably large trades, the first saw 3.7 crore shares were tendered at various price starting! On how to improve our offering have only made our resolve and commitment to these ideals.... Securities due 2021 the future without any questions asked Steels ) is happy to inform of... Visit the Manage my subscription page to discover the benefits of this programme market closed... To issue $ 400 million notes to an entity under vedanta news in business standard Capital business-standard.com - Bijou George Bloomberg. Entity under Oaktree Capital business-standard.com - Bijou George | Bloomberg Last Updated at December 30 2020!

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