Bigul

Jena opposes Odisha's decision for long-term bauxite linkage to Vedanta

The decks for Vedanta for sourcing raw material were cleared recently after the Odisha Cabinet approved a long-term linkage policy for bauxite supply from state-owned OMC
26-02-2018
Bigul

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

In terms of Regulation 30(6) of the Listing Regulations, 2015, please find enclosed the Schedule of Analyst / Institutional Investor Meet
26-02-2018
Bigul

Mining a must to pare imports, eradicate poverty: Vedanta's Anil Agrawal

Says country had been importing entire stock of gold and creating jobs in other abroad
25-02-2018
Bigul

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

In terms of Regulation 30(6) of the Listing Regulations, 2015, please find enclosed the Schedule of Analyst / Institutional Investor Meet.
23-02-2018
Bigul

Essar Steel's fate set to boil down to two-way war between Mittal, youngest Ruia scion

Essar Steel's fate set to boil down to two-way war between Mittal, youngest Ruia scionTata Steel is the other potential contender but most expect it to be less aggressive than the other two. Vedanta and JSW are unlikely to submit binding offers.
12-02-2018
Bigul

Apex court cancelling Goa iron ore leases to have limited impact on Vedanta

Major portion of iron ore from Goa exported, mainly to China
08-02-2018
Bigul

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

In terms of Regulations 30(6) of the Listing Regulations, 2015, please find below the schedule of Analyst / Institutional Investor meeting: Date:February 9, 2018 Event: Edelweiss India Conference, 2018 Type of Meeting: One-on-One/Group Meetings Venue: Mumbai, INDIA Please note above schedule may undergo changes
08-02-2018
Bigul

Updates

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform the judgement of the Supreme Court w.r.t. the closure of mining leases in the State of Goa. We request you to kindly take the information on record.
08-02-2018
Bigul

Armed with $6-bn purse, youngest Essar scion will fight Tata, Vedanta for family silver

Armed with $6-bn purse, youngest Essar scion will fight Tata, Vedanta for family silverBids for Essar Steel will open next week. Tata Steel is seen weighing options, while Anil Agarwal-led Vedanta may table an offer.
07-02-2018
Bigul

Higher volumes, commodity prices drive Vedanta's Q3 net sales higher

Vedanta, the natural resources major, once again posted a good show helped by firm base metal prices and rebound in crude oil prices. The December quarter (Q3) performance was no different with growth boosted by aluminium, zinc, power and oil & gas segments. Even as iron ore and copper performance remained soft and currency appreciation partially offset the benefits, Vedanta's net sales at Rs 243.6 billion, up 19 per cent year-on-year and 13 per cent sequentially, came better than Bloomberg consensus estimates of Rs 236 billion. Earnings before interest, tax, depreciation and amortisation (Ebitda) at Rs 67.80 billion, too, improved 13 per cent year-on-year and 17 per cent sequentially, coming ahead of estimates of Rs 66.28 billion. The impact of rising coal prices was evident as power and fuel costs increased by a sharp 44 per cent year-on-year, pulling down Ebitda margins to 35 per cent versus 39 per cent seen in the year ago quarter. Sequentially however, the number remained...
31-01-2018
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