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Vedanta

Jindal Power bids $1.68 bn for distressed power plant

Infrastructure

07 February, 2024

Jindal Power bids $1.68 bn for distressed power plant

Jindal Power, a unit of India's Jindal Steel & Power Ltd, has submitted a 140 billion rupees ($1.69 billion) bid ......

Vedanta Ltd to raise $409 mn through issue of debentures

General

19 December, 2023

Vedanta Ltd to raise $409 mn through issue of debentures

Vedanta Ltd will raise 34 billion rupees ($408.76 million) through an issue of debentures, the Indian metals-to-oil conglomerate said on ......

Byju's CFO Ajay Goel resigns, to return as Vedanta finance chief

Manufacturing

24 October, 2023

Byju's CFO Ajay Goel resigns, to return as Vedanta finance chief

India's Vedanta on Tuesday said Chief Financial Officer (CFO) Sonal Shrivastava has resigned amid a major structural overhaul announced last ......

Premium
Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

General

04 October, 2023

Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

ICICI Venture, the alternative investment arm of ICICI Bank, is in discussions to invest in a New Delhi-based ethnic wear ......

Anil Agarwal likely to list Vedanta businesses separately

General

25 August, 2023

Anil Agarwal likely to list Vedanta businesses separately

India's Vedanta Ltd will consider separately listing all or some of its businesses, which range from metals and mining to ......

Premium
Grapevine: KKR-backed firm gets debt capital; Chiratae eyes new fund's first close

General

24 August, 2023

Grapevine: KKR-backed firm gets debt capital; Chiratae eyes new fund's first close

A renewable energy company backed by private equity firm KKR has tied up Rs 2,600 crore ($315 million) in loans to finance new green power projects, a ......

Foxconn-Vedanta's $19.5 bn chipmaking JV falls through

TMT

10 July, 2023

Foxconn-Vedanta's $19.5 bn chipmaking JV falls through

Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion joint venture with Indian metals-to-oil conglomerate Vedanta, in ......

Vedanta hires Holcim exec Sonal Shrivastava as CFO

Manufacturing

15 May, 2023

Vedanta hires Holcim exec Sonal Shrivastava as CFO

Indian resources conglomerate Vedanta Ltd on Monday named Holcim AG executive Sonal Shrivastava as its new chief financial officer, effective ......

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

General

05 May, 2023

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a clutch of buyers that ......

Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses

Manufacturing

02 May, 2023

Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses

Hindustan Zinc Ltd's proposal to buy certain zinc assets from Vedanta Group for $2.98 billion in cash has lapsed as ......