Here is a list of the top ten stocks that may appear in the news on Wednesday: Wipro: The company expects its IT services revenue to grow up to 3.5% sequentially in the December quarter. The board of directors approved the repurchase of up to 4.16% of the company’s shares …
Read More »Vedanta To Return $ 2.5 Billion Of Funding After De-Listing Plan Fails: Report
Billionaire Anil Agarwal’s commodities group will return money raised from banks and bondholders after a plan to retire its Indian unit failed. Vedanta Resources Ltd will pay $ 1.4 billion raised through bonds and another $ 1.1 billion in loans, with a small amount of interest, starting this week, according …
Read More »Vedanta, banks, Adani Enterprises, Mazagon Dock, UTI AMC
Here is a list of the top ten stocks that may appear in the news on Monday: Banks and finance: In an affidavit filed in the Supreme Court, the Reserve Bank of India warned of risks to the banking sector if the suspension on bad debt classification is not lifted …
Read More »Vedanta’s opt-out offer fails; shares offered to be returned to investors
Vedanta Ltd’s delisting offer has failed, shows the company’s statement to the stock exchanges. “Vedanta Resources Limited and its indirect subsidiaries have informed us, namely Vedanta Holdings Mauritius Limited and Vedanta Holdings Mauritius II Limited (collectively,” Acquirers “) that the De-listing Offer is deemed to have failed in terms of …
Read More »Vedanta Profits Fall As India Blockade Hurts Production And Demand
Vedanta Ltd., the Indian commodities conglomerate of billionaire Anil Agarwal, posted a 23.5% drop in quarterly earnings as one of the world’s tightest locks hit production and demand. The group’s net income plummeted to 10,330 crore ($ 141 million) in the three months to June from 13,510 crore a year …
Read More »Anil Agarwal’s Vedanta Wins Case Over $ 499 Million Arbitration Award Claim
Vedanta, led by Anil Agarwal, got relief when the Supreme Court on Wednesday rejected the government’s statement challenging an arbitration award that allowed the company to recover $ 499 million instead of $ 198 million that (the government) had limited to develop. the Ravva oil and gas fields. The dispute …
Read More »Vedanta Wins Case Over $ 499 Million Award Claim; SC rejects the government’s statement
The Supreme Court ruled on Wednesday that Vedanta Ltd. is entitled to recover a $ 499 million arbitration award from the central government to develop oil and gas fields in Rajasthan. The court rejected the government’s petition, which said billionaire Anil Agarwal’s company, along with Videocon Industries Ltd., is entitled …
Read More »RIL, Future Enterprises, PVR, Vedanta, HCL Tech
Here is a list of the top ten stocks that may appear in the news on Friday: Future companies: Reliance Retail Ventures Ltd will acquire Future Group’s retail, wholesale, logistics and warehousing businesses to ₹24,713 crore. The long-awaited agreement between RIL and Future Group got its go-ahead on Saturday. Dependency …
Read More »Vedanta’s offer on the list “is not serious,” says Stakeholders Empowerment Services
[ad_1] Billionaire Anil Agarwal, a developer led by Vedanta Resources, has proposed to take Vedanta privately in bad weather with government firm Stakeholders Empowerment Services (SES) questioning price equity. “It can be said that the offer is not serious, since investors are expected to exceed the offer at a price …
Read More »Vedanta share price: Vedanta, Jubilant Life, Maruti Suzuki, Kotak Mahindra Bank and IndiaMart: Shares in the news
[ad_1] Ingenious futures on the Singapore Stock Exchange traded 211.30 points or 2.29 percent higher at 9,436.30 on Wednesday, signaling a gap beginning for Dalal Street. Here are some actions that may sound more in today’s trade: Maruti, Kotak Mahindra Bank: ABB, Siemens, Maruti Suzuki, Kotak Mahindra Bank, GCPL, Mphasis …
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