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Zambia copper mine: Vedanta scouts for fundraise options

Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project.

A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines.

It will enhance value creation and operationalise the Konkola Copper Mines (KCM).

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Blackrock, ADIA, domestic funds hike stake in Vedanta

The world's largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority, along with domestic mutual funds like ICICI Mutual Fund and Nippon India Mutual Fund have increased their holdings in Vedanta by almost 2 per cent during the last four months, said market participants.

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Blackrock, ADIA, domestic funds hike stake in Vedanta

The world’s largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority, along with domestic mutual funds like ICICI Mutual Fund and Nippon India Mutual Fund have increased their holdings in Vedanta by almost 2 per cent during the last four months, said market participants.

At

Japan , Abu-dhabi , Abuz-aby , United-arab-emirates , China , Nippon , Navin-agarwal , Abu-dhabi-investment-authority , Mutual-fund , Vedanta-ltd , Blackrock , Vedanta-base-metals

Vedanta debt to be divided among demerged firms in ratio of assets | Indiablooms - First Portal on Digital News Management

Mumbai: Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.

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Vedanta debt to be divided among demerged firms in ratio of assets

Vedanta had in September last year announced the creation of demerger of metals, power, aluminium, and oil and gas businesses to unlock potential value

Hindustan , India-general- , India , Vedanta-base-metals , Vedanta-oil-gas , Vedanta-aluminium , Vedanta-oil , Vedanta-power , Vedanta-steel , Ferrous-materials , Vedanta-limited

Vedanta debt to be divided among demerged cos in ratio of assets

Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.

Hindustan , India-general- , India , Vedanta-oil-gas , Vedanta-base-metals , Vedanta-ltd , Vedanta-aluminium , Vedanta-oil , Vedanta-power , Vedanta-steel , Ferrous-materials

Latest News | Vedanta Debt to Be Divided Among Demerged Cos in Ratio of Assets

Get latest articles and stories on Latest News at LatestLY. Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.
Latest News | Vedanta Debt to Be Divided Among Demerged Cos in Ratio of Assets.

Hindustan , India-general- , India , New-delhi , Delhi , Vedanta-base-metals , Vedanta-oil-gas , Vedanta-ltd , Vedanta-aluminium , Vedanta-oil , Vedanta-power

Cairn Oil & Gas submits plan to begin production from Gujarat block

Cairn Oil & Gas has submitted a field development plan to produce more than 2,000 barrels of barrels of oil equivalent per day from its Jaya block

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Vedanta Q2 results: Net loss at Rs 1,783-cr vs Rs 1,808 crore profit in Q2 FY23

Mining major Vedanta Ltd on Saturday reported a consolidated net loss of Rs 1,783 crore, against a profit of Rs 2,640 crore a quarter ago, and Rs 1,808 crore an year ago

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Ajay Goel returns to Vedanta as CFO after quitting from BYJU'S

Ajay Goel returns to Vedanta as CFO after quitting from BYJU'S
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