Vedanta reported a 59% drop in Q2 net profit, despite record second-quarter revenue, primarily due to a one-time write-off in its power subsidiary.
3 min read31 Oct 2025The funding will develop multiple facilities to extract copper from secondary waste, capitalizing on KCM's deposits and strong global copper price forecasts.
3 min read29 Oct 2025Vedanta's demerger plan faces scrutiny from the ministry, citing misleading disclosures and significant financial risks. The ministry highlighted a ₹5,600 crore dues dispute related to the RJ Block, raising concerns about the potential liquidation of Malco Energy Ltd.
2 min read17 Sep 2025While its peers Tata, Reliance and Adani play the backward-integration game, Sterlite is eyeing greener pastures such as round-the-clock power and technological advancements.
5 min read15 Sep 2025Vedanta runs the risk of stretching its finances with a significant amount of debtand a large capex plan. Getting into unrelated businesses at this point, when the priority should be deleveraging, is a cause of concern, said Nuvama.
2 min read9 Sep 2025Vedanta's proposed demerger into five distinct entities faces significant challenges. As the National Company Law Tribunal sets a timeline for responses, the future of this ambitious restructuring remains uncertain.
4 min read22 Aug 2025The development could push back the timeline for Vedanta’s demerger. The company had first announced its plan to demerge into six separately-listed entities in September 2023. It had aimed to complete the demerger by March 2025, subsequently revised to September this year.
2 min read20 Aug 2025The mining major had challenged a ₹29 crore penalty for coal block delays, citing regulatory setbacks and ecological barriers in Odisha mine project.
3 min read31 Jul 2025The transactions may have violated Fema and corporate governance norms, prompting the ED investigation, which began in 2023, the short-seller alleged. Vedanta Group rejects allegations.
4 min read30 Jul 2025It alleged that Minova Runaya, a 49% promoter-owned entity, has an exclusive contract with HZL for supply of products including resin capsules, rock bolting systems and wire mesh.
3 min read23 Jul 2025The 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
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