Anil Agarwal News
Vedanta share price gains as Anil Agarwal-led firm 'confident' of meeting debt repayment liabilities
Vedanta shares rose on Wednesday after falling sharply in Tuesday's session
1 min read1 Mar 2023Billionaire Anil Agarwal’s Vedanta cuts debt by $2 billion
Billionaire Anil Agarwal-owned Vedanta Resources said on Wednesday that it has cut its net debt by $2 billion
1 min read15 Feb 2023Billionaire Anil Agarwal lists 2 steps to expand business. See post
Agarwal gave an example of another bankrupt company that he learned about in the 1990s. The company was called Copper Mines of Tasmania in Australia.
1 min read29 Nov 2022Billionaire Anil Agarwal to seek shareholders nod to tap Vedanta cash reserves
Shareholders of Indian unit Vedanta Ltd. will vote on October 11 on a company plan to move money out of its reserves and into its balance sheet
4 min read7 Oct 2022Vedanta to return $2.5 billion funds after delisting flop
Vedanta Resources will repay $1.4 billion raised via bonds and another $1.1 billion in loans, with a small amount of interest, as early as this week
2 min read13 Oct 2020Vedanta says committed to India after failed delisting
In May, the promoters of Vedanta had announced the delisting offer at ₹87.5 per share.
3 min read13 Oct 2020Vedanta’s profit tumbles as India lockdown hurts output, demand
Vedanta’s main businesses include zinc, aluminum and oil and gas, all of which have been hit by a slump in demand due to the coronavirus pandemic Vedanta’s Hindustan Zinc, also Asia’s most valuable zinc producer, reported a 23% drop in June-quarter profit on lower prices and production
1 min read4 Oct 2020Vedanta gets in-principle nod for delisting from BSE, NSE
Post approval, the company's parent Vedanta Resources (VRL) and its subsidiaries issued a public announcement with regard to the delisting offer
1 min read29 Sep 2020Vedanta's Anil Agarwal, Centricus Asset Management team up for turnaround fund
Anil Agarwal is seeking to find the gems among the dozens of companies being sold and tap his industry connections to turn them around The turnaround fund will also target companies restructuring under India’s bankruptcy regime
2 min read18 Sep 2020Sterlite Copper’s closure will deter violators: Experts
HC detailed violations that include copper slag management, ground water pollution Sterlite Copper, a unit of billionaire Anil Agarwal’s Vedanta group, ran a 400,000 tonne-capacity copper plant in Thoothukudi
1 min read19 Aug 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared