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Vedanta Group To Cairn India

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Mining firm Vedanta made 'illegal' political donations?

Vedanta Resources, which was pulled up for its role in the mining scam in India, is under the scanner yet again. This time for making a contribution of Rs 28 crore made to political partiesin the......

'Pakistan army is a dishonourable bunch of people'

Naresh Chandra, bureaucrat, diplomat and administrator, shares an 'insider's view' on the India-Pakistan peace process in an exclusive interview with Rediff.com's Sheela Bhatt. Naresh Chandra,......

Why Anil Agarwal-owned Vedanta group companies face high debt risk

Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with revenues of......

Vedanta India to acquire up to 5.33% stake in Cairn India

Vedanta India will acquire up to 5.33 per cent stake, worth over Rs 2,200 crore or Rs 22 billion, in its group concern Cairn India next week. Anil Agarwal-led Vedanta India, which changed the name......

Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase......

Cairn India's Rs 5,725 crore share buyback starts on Jan 23

Mining baron Anil Agarwal's Cairn India Ltd will spend up to Rs 5,725 crore (Rs 57.25 billion) to buy back shares to give him greater control over the nation's largest private oil producer. The......

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

Debt management is going to be a worry for the Vedanta group until FY25 at least. However, the restructuring of business divisions in Vedanta India could lead to an unlocking of values.......

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