The Anil Agarwal-led Vedanta Ltd, on Saturday, reported record highs in aluminum, alumina, and mined metal production for the second quarter ended September 30, 2025. The company highlighted its highest-ever quarterly aluminum output of 617 kt, alongside record alumina production of 653 kt, up 31% year-on-year (YoY). Zinc India also marked its best-ever Q2 mined … Read more
Shares of Hindustan Zinc (HZ) could likely benefit from Silver’s remarkable rally and is emerging as one of the biggest beneficiaries as prices of the precious metal continue to surge, up 63% so far this year to $47 per ounce — sharply higher than $34/oz in Q1FY26 and $30/oz in FY25, Emkay Global said in … Read more
New Delhi: Major global and Indian brokerages remain optimistic on Vedanta Ltd‘s performance for FY26, citing stronger LME pricing trends, cost discipline, deleveraging, and a resilient aluminium business among the key growth drivers. These firms have also taken note of the several growth projects scheduled for commissioning or completion in the next few quarters. JP … Read more
New Delhi, Mining conglomerate Vedanta Ltd on Friday said the committee of directors has approved raising up to Rs 5,000 crore via issuance of debentures. The committee approved issuance of 5 lakh unsecured, rated, listed, redeemable NCDs of face value of Rs 1 lakh each on a private placement basis, as per a regulatory filing … Read more
MUMBAI – S&P Global Ratings has lowered the long-term issuer credit rating of Vedanta Resources and also on its outstanding debt to “CCC” from “B-”. The rating downgrade by S&P comes two days after Moody’s Investors Service slashed the conglomerate’s rating. It has also placed the ratings under CreditWatch with negative implications. “We believe the … Read more
In March, India announced a list of battery makers that would receive a coveted state subsidy. Locally manufactured cells for electric vehicles would trigger almost $6 billion in investments, build a supply chain at home, cut $30 billion in energy imports and be a “major boost” to Prime Minister Narendra Modi’s Make in India project, … Read more
Worries around debt repayments and stretched finances in billionaire Anil Agarwal’s Vedanta Resources Ltd. are on underscored by losses in some bonds of the commodity giant. The London-based company’s Indian unit Vedanta Ltd.’s semiconductor-making ambitions were dealt with a blow this week after its Taiwanese partner Hon Hai Technology Group decided to part ways on … Read more
Vedanta Group chairman Anil Agarwal on Tuesday said Vedanta Resources (VRL), holding company of the mining and metals conglomerate, is well-positioned to meet its future debt obligations, and that concerns around the group being over-leveraged are misplaced. “We are very, very comfortable,” said the 69-year-old billionaire in an interview with ET, drawing attention to the … Read more
New Delhi: Vedanta Ltd on Wednesday said its board has approved an interim dividend of Rs 18.50 per equity share for FY2021-22, amounting to Rs 6,877 crore. “The board of directors of the company in its meeting held on Wednesday…have approved first interim dividend of Rs 18.50 per equity share i.e. 1850 per cent on … Read more