Lenders to Essar Steel today urged the NCLAT to complete its insolvency resolution process in "quick" time, saying the debt-ridden company is incurring a daily loss of Rs 17 crore.
Mining mogul Anil Agarwal's plan to delist Vedanta Resources from the London Stock Exchange will not immediately affect the company's credit profile or rating, Moody's Investors Service said.
Shares of Vedanta fell by nearly 4 per cent today after promoter Anil Agarwal unveiled his plan to delist his flagship Vedanta Resources Plc from the London Stock Exchange.
Vedanta Resources said chairman Anil Agarwal’s family trust has agreed to buy the rest of Vedanta in a deal that values the mining conglomerate at 2.3 bn pounds.
Fortis Healthcare said it has appointed Ravi Rajagopal as the chairman of the company's board with immediate effect.
Tamil Nadu deputy head said his government would take all steps to permanently shut a copper smelter run by London-listed Vedanta Resources.
Vedanta Resources Plc reported better-than-expected growth in full-year core profit and revenue, driven by stronger commodity prices.
Vedanta Ltd, posted an 81 percent surge in quarterly profit, helped by higher volumes and favourable commodity prices.
Vedanta Resources plc today announced the appointment of Srinivasan Venkatakrishnan as the new chief executive of the company, replacing interim CEO Kuldip Kaura.
Vedanta Ltd, the Indian unit of diversified miner Vedanta Resources Plc, reported an about 4 percent fall in third-quarter profit, missing analysts’ estimates.