Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL) News
Filter VEDL News Items
VEDL News Results
|Event/Time||Symbol||Company||News Detail||Start||End||Change||POWR Rating|
|Loading, please wait...|
Latest VEDL News From Around the Web
Below are the latest news stories about Vedanta Ltd that investors may wish to consider to help them evaluate VEDL as an investment opportunity.
Vedanta Ltd, which plans to delist its shares has got permission from the two major stock exchanges in the country, where the shares are listed. "In connection with the delisting offer, this is to inform you that BSE Limited and National
The book value of the company's (Indian) flagship arm Vedanta Ltd (VEDL) was reviewed by the company's advisors
Vedanta Ltd has said its Lanjigarh alumina refinery in Odisha will continue to support 'Aatmanirbhar Bharat' by producing quality raw material for aluminium production.
Closure of copper plant sends shock waves to investors; leads to forex outgo of Rs 40,000 crore, says official
New Delhi: The shutting down of Vedanta Ltd's copper smelter at Tuticorin in Tamil Nadu more than two years ago has led to the country having to spend USD 2 billion on the import of copper, a top company official said. The Madras High Court had earlier this month refused to allow the reopening of the plant that was shut in May 2018 after 13 people died when police fired upon protesters during anti-pollution demonstrations which had allegedly turned violent. "The government per se had lost forex of USD 2 billion, which was something like about Rs 15,000 crore per year… So say Rs 35,000-40,000 crore in this two-and-a-half year period by way of imports of copper, which we would have otherwise produced," Sterlite Copper CEO Pankaj Kumar told . The closure of the plant resulted in a monetary...
Funds from the bond issuance will primarily be used to support the intended ofoffer to buyout the equity shares of Vedanta Limited that are held by public shareholders.
An Indian court refuses to allow the reopening of Vedanta's ([[VEDL]] -1.1%) south Indian copper smelter, more than two years after the plant was shut over pollution concerns.Police in May 2018 killed 13 people protesting against pollution from the smelter, prompting the Tamil Nadu state government to shut the smelter.A...
Read more about Madras HC refuses to allow reopening of Sterlite plant in TN's Thoothukudi on Business Standard. Vedanta Limited had moved the court challenging the state government's closure order against its Sterlite Copper Plant on May 28, 2018
On Tuesday, the Madras High Court upheld the Tamil Nadu government's decision to shut down Sterlite Copper, a unit of Vedanta Limited in Thoothukudi, a news report said. The court dismissed the company's plea to resume operations, over two years after
The Madras High Court refused to allow the reopening of a south Indian copper smelter, local media reported on Tuesday, over two years after it was shut over pollution concerns.Police in May 2018 killed 13 people protesting against alleged pollution from the smelter. A week after the bloodshed, the Tamil Nadu state government ordered the smelter shut.A spokeswoman for Sterlite Copper, a unit of Vedanta Ltd, did not immediately comment on the matter. A lawyer for the Tamil Nadu government did not respond to messages and calls seeking comment on the Madras High Court judgment.
VRL is in the process of fully privatising its key operating subsidiary, Vedanta Limited (VDL), by increasing its stake to 100% from 50.1% and delisting the company.