Vedanta

Encounter on between security forces, terrorists in Poonch

Govt to slap recovery notice on Vedanta’s Cairn after Delhi High Court judgment

7:27 pm April 4, 2021

New Delhi: The oil ministry will seeks tens of millions of dollars from Vedanta’s Cairn Oil & Gas after the Delhi High Court held that the firm was liable to pay higher profit share to the government in lieu of its Rajasthan oil and gas block license being extended beyond initial term, a top official […]

Vedanta Resources raises USD 1.2 bn ahead of open offer for Indian listed unit

10:48 pm February 26, 2021

New Delhi: Vedanta Resources on Friday said it has raised USD 1.2 billion in a bond offering that saw strong investor interest. The 8.95 per cent bonds due for March 2025 ”will be guaranteed by the company and two wholly-owned indirect subsidiaries of the company, namely Twin Star Holding Ltd and Welter Trading Limited,” it […]

Only one technical bid received out of 4 coal mines put up for re-auction

11:58 pm January 28, 2021

New Delhi: The government on Thursday said it has received only one technical bid for Kuraloi (A) North coal mine in Odisha out of four mines put up for re-auction. The coal ministry had re-invited bids for four coal blocks whose tender process was annulled in the first round of auction for commercial mining as the number of technically […]

Moody’s places Yes Bank’s ratings under review; direction uncertain

12:24 pm January 17, 2020

New Delhi: Moody’s Investors Service has placed Yes Bank’s long-term foreign currency issuer rating of B2 under review, with the direction uncertain, citing “slowness in raising new capital”. “The placing of Yes Bank’s deposit rating of B2 under review reflects Moody’s expectation that the bank’s standalone viability is getting increasingly challenged by its slowness in […]

Sensex, Nifty hit fresh record peaks

3:10 pm December 19, 2019

Mumbai: Equity benchmark BSE Sensex jumped 140 points to hit its lifetime high of 41,698.43 in afternoon session on Thursday tracking gains in index heavyweights RIL, TCS and HDFC Bank amid persistent foreign fund inflow. Similarly, the broader Nifty advanced 39.60 points to hit its all-time (intra-day) high of 12,261.25. M&M was the top gainer […]

Next Posts >>