New Delhi: The government has received three preliminary offers to buy a majority stake in India’s second-largest fuel retailer, Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Oil mining conglomerate Vedanta confirmed on November 18 that it had submitted an expression of interest (EoI) to buy …
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[ad_1] NEW DELHI: Vedanta shares traded largely unchanged in a strong market on Wednesday. Parent company Vedanta Resources (VRL) announced Tuesday plans to remove metal and mining stocks from Indian fields. The company set the target price at Rs 87.50, down 2 percent from Tuesday’s closing price of Rs 89.30. …
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[ad_1] Billionaire Anil Agarwal on Tuesday announced intention to take his Indian listed firm Vedanta Ltd private by buying out shares held by public. Agarwal-controlled Vedanta Resources will offer Rs 87.5 per share to nearly 49 per cent public shareholders of Vedanta Ltd. This price is lower than Tuesday’s Rs …
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