Bigul

Clarification sought from Vedanta Ltd

The Exchange has sought clarification from Vedanta Ltd with respect to news article appearing in The Economic Times on May 15, 2015 titled "Vedanta to Kick Off Debt Recast Plan."The reply is awaited.
15-05-2015

Vedanta Resources takes $4.5 billion writedown as oil drags

Like other resources companies, it has struggled with plummeting commodity prices in the last year
14-05-2015
Bigul

Vedanta Resources takes $4.5 billion writedown as oil drags

Vedanta Resources Plc posted a full-year loss after a sharp drop in crude prices precipitated a $4.5 billion writedown related to its Indian oil and gas business
14-05-2015
Bigul

Vedanta Resources Takes $4.5 Billion Writedown as Oil Drags

The company, which also operates in South Africa, Namibia, Liberia, Ireland and Australia, said earnings before interest, tax, depreciation and amortisation for the year ended March 31 fell to $3.74 b...
14-05-2015
Bigul

Vedanta appoints Ajay Dixit as Chief Executive Officer, Power

The Vedanta group on Wednesday announced appointment of Ajay Dixit as chief executive officer, power, effective May 11, 2015. Dixit will consolidate the power operations of the group and build the new power vertical. He will be responsible to grow ...
13-05-2015

Lack of supplies cripple Vedantas iron ore, aluminium businesses

Firms iron ore business hit as mining in Goa yet to begin; aluminium business suffers from lack of bauxite supplies
06-05-2015
Bigul

Vedanta surges 6.5% on BSE

Vedanta surged 6.5 per cent to lead the pack on the BSE in late trading on Tuesday. At 3.05 pm the share was trading at Rs 226.10 as against Rs 212.30 at close yesterday. Tata Steel exte...
05-05-2015
Bigul

Fixes Book Closure for Final Dividend & AGM

Sesa Sterlite Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 08, 2015 to July 10, 2015 (both days inclusive) for the purpose of Payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on July 11, 2015.
05-05-2015
Bigul

Vedanta's Cairn India impairment credit negative: Moody's

Ratings agency Moody's today said metals and mining major Vedanta Resources' over Rs 19,000 crore impairment in Cairn India is credit negative as it implies a longer pay back period. Last month, Vedanta said in the January-March quarter it ...
04-05-2015
Bigul

Vedanta's Cairn India Impairment Credit Negative: Moody's

Last month, Vedanta said in the January-March quarter it wrote off Rs 19,180 crore as non-cash impairment charge for acquisition goodwill of Cairn India following slump in global crude oil prices.
04-05-2015
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