News for Vedanta Limited (17SA.F)

According to the state Health and Family Welfare Department, the MoU was signed in March 2018 between the state government and Vedanta Ltd for the construction of beds for medical college at Bhawanipatna in Kalahandi district

The government has received at least five expressions of interest, including from the Great Eastern Shipping Co Ltd and US-based Safesea Group, for the privatisation of state-run carrier Shipping Corp

Vedanta Resources Finance II Plc, a subsidiary of London-based Vedanta Resources, had gone to the market for raising USD 1 billion.

The company is looking to buy as many as 37.17 crore or 10% of its India unit, at ₹160 per share. At that price, the total consideration of the deal would be about ₹5,948 crore ($814 million)

Read more about Vedanta Resources raises $1.2 bn ahead of open offer for Indian listed unit on Business Standard. Vedanta Resources on Friday said it has raised USD 1.2 billion in a bond offering that saw strong investor interest.The 8.95 per cent bonds due for March 2025 "will be guaranteed by the company and two wholly-owned indirect subsidiaries of the

Read more about Vedanta Resources raises $1.2 bn ahead of open offer for Indian listed unit on Business Standard. The bond offering saw strong investor interest

Vedanta Resources Ltd. has mandated banks to arrange investor meetings ahead of a potential bond sale, as the firm conducts an open offer for its main listed unit.

Vedanta Resources Finance II Plc, a subsidiary of London-based Vedanta Resources, has hired the five banks to arrange credit investor calls from Feb. 23, and a possible dual-tranche dollar note issue may follow

The potential deal comes after the firm annnounced in January that it planned to buy as many as 371.75 million shares, comprising 10% of the outstanding equity of its India unit Vedanta Ltd. at Rs 160 per share.

Hind Copper jumps 14%; HIndalco, Vedanta too hit year-high

Read more about New 'Britain Meets India' report identifies 572 UK companies in India on Business Standard. The report, by Grant Thornton Bharat and Confederation of Indian Industry (CII), is the sister tracker of an annual 'India Meets Britain' tracker of Indian companies operating in the UK

Read more about Cairn Energy CEO Thomson to meet FM next week over arbitration award on Business Standard. Decision comes in the wake of Indian govt's plan to appeal against the award that went against it