His appointment comes at a time when Anil Agarwal-led Vedanta has been on an aggressive talent acquisition drive to attract leaders from the semiconductor industry globally
Investors have been closely watching Vedanta's debt load as rising interest rates worldwide intensify pressure on low-rated borrowers
The board has approved the first interim dividend of Rs 18.50 per equity share which is 1850% on face value of Re 1/- per share for the Financial Year 2023-24
The group has been depending on money from its units to tackle its debt load, especially after it failed to sell some zinc assets to Hindustan Zinc Ltd for $3 billion
Vedanta Chairman Anil Agarwal shared his views on LinkedIn, saying the companies should take care of their employees as they will only take care of their business
Elaborating on the debt repayment plans, he said that Vedanta Resources Limited would repay its obligations through a combination of dividend and royalties
Group cannot take recourse to VRL, Vedanta's books to bid for BPCL
Winning government funding is key to fulfilling Agarwal's chip dream, given his broader empire is facing intensifying financial strain
Vedanta's HZL signed an MoU with the Rajasthan Cricket Association for the development of the world's third-largest cricket stadium in the village of Chonp in Jaipur
Hindustan Zinc dividend: In FY23 so far, the company has announced a dividend worth Rs 75.5 per share, and out of this, Rs 49.5 per share have already been received by the shareholders
Vedanta dividend 2023: The company has already given four interim dividends totalling Rs 81 so far in the current financial year
Vedanta's quest to raise cash comes during a rocky time for India's business elite. Highly leveraged conglomerates are under increased scrutiny after a short seller accused Gautam Adani
Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as untrue and baseless. This comes in the wake of news report which said that Anil Agarwal is contemplating a stake sale
The Rajasthan-based miner will pay an interim dividend of 26 rupees per share totaling 109.9 billion rupees, according to an exchange filing Tuesday
The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday
With Adani scandal putting Modi govt under heightened scrutiny about entanglement of public purpose with private profit, Vedanta's top priority should be to stay out of the headlines
Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development
It cannot be a small capacity plant, says Anil Agarwal
Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022
The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cent of the dividend to be distributed