VEDANTA INVESTMENT
Serentica Renewables secures over $100 million debt funding from Rabobank, Societe Generale
Serentica Renewables secured USD 100 million in debt financing from Rabobank and Societe Generale for a 300 MW solar project in Rajasthan. This project will supply green energy to BALCO, aiding in the decarbonisation of India's industrial sector.
Stocks in news: Vedanta, Gland Pharma, YES Bank, Power Grid, BEL
Markets experienced range-bound trading, closing slightly higher after Tuesday's dip. Vedanta Resources explores refinancing a $550 million credit facility, while Gland Pharma's Cenexi received observations from France's drug regulator. CA Basque Investments reduced its stake in YES Bank, and Power Grid acquired MEL Power Transmission Ltd. REC plans to raise funds, and BEL secured new orders worth Rs 537 crore.
Vedanta ramps up RE power capacity to 1.03 GW
Vedanta Ltd has increased its renewable energy power capacity to 1.03 GW and is on track to achieve 2.5 GW of green energy by 2030. This expansion will help the company mitigate over 6 million tonnes of carbon emissions annually, equivalent to the carbon sequestration of approximately 350 million trees.
Vedanta Limited to raise Rs 5,000 cr through NCDs
Vedanta debt raise: Vedanta Ltd. plans to raise ₹5,000 crore through secured NCDs in three tranches, targeting mutual funds, insurers, and AIFs. Proceeds will support debt repayment and capital expenditure. Coupon rates are 9.35–9.45%, higher than sovereign bond yields.
India’s semiconductor ambitions: Bridging the gap with the US
India is strategically positioning itself in the global semiconductor industry through initiatives like the India Semiconductor Mission and PLI scheme, aiming to boost domestic chip design and manufacturing. Despite infrastructure deficits and workforce shortages, India focuses on enhancing education, fostering innovation, and building strategic alliances to become a significant player in the semiconductor landscape.
Ultra rich betting on unreal estate to preserve wealth
Indian industrialists and family offices are investing in luxury real estate. They see it as a way to preserve wealth and build a legacy. High-value property purchases have increased significantly in recent years. Mumbai, New Delhi and Bengaluru are key markets. Families see these properties as strategic, long-term investments. These investments safeguard wealth for future generations.
- Go To Page 1
Logistics SaaS startup Fleetx raises Rs 113 crore from Indiamart, Beenext
Founded in 2017, Fleetx offers AI- and IoT-powered solutions across fleet management, trip intelligence, video telematics, fuel analytics, transport ERP, and transportation management systems (TMS). Fleetx currently serves more than 2,000 customers, including over 100 enterprise accounts such as Ultratech Cement, Unilever, Adani Group, Godrej, Vedanta, Maersk, and Hindalco.
Rising Northeast Summit gets investment proposals of Rs 4.3 lakh crore, says Jyotiraditya Scindia
The Rising Northeast Investors Summit concluded with an unprecedented Rs 4.3 lakh crore in investment proposals for the northeastern states. Union Minister Jyotiraditya Scindia highlighted the government's efforts to promote investment through various initiatives, including task forces and stakeholder discussions.
India Inc's climate response: How top companies are safeguarding staff, operations from extreme weather
Indian companies are proactively adapting to increasingly frequent extreme weather events by implementing measures to protect their workforce and minimize operational disruptions. Initiatives range from infrastructure redesign and revised work schedules to providing hydration, adjusting commute policies, and offering work-from-home options. These steps aim to safeguard employees and ensure business continuity amidst climate shifts.
India sends a billion-dollar message to Bangladesh
Recent actions and statements from Bangladesh, including a retired official's call for occupying Indian states and inviting Chinese economic influence, signal a growing threat to India's northeast. Concerns heightened with reports of China potentially assisting in reviving a strategic airbase near the Siliguri Corridor.
Assam CM Himanta Biswa Sarma urges industrialists to deliver on Advantage Assam 2.0 promises
Assam Chief Minister Himanta Biswa Sarma met with top industrialists in New Delhi, urging them to fulfill investment commitments made during the Advantage Assam 2.0 summit. Discussions focused on operationalizing investments in the hydrocarbon and hospitality sectors, with the government planning a roadmap to facilitate project implementation and address key challenges for economic growth.
Adani Group, Reliance, Vedanta to invest Rs 30,000-50,000 cr each in northeast India
Adani Group, Reliance Industries, and Vedanta have each announced plans to invest an additional ₹30,000-50,000 crore in northeast India, as revealed at the Rising Northeast Investors Summit. Reliance Industries, led by Mukesh Ambani, committed to investing ₹45,000 crore more, aiming to increase its total investment in the region to ₹75,000 crore over the next five years.
Vedanta Group to invest Rs 80,000 crore in Northeast India for growth and development
Vedanta Group plans to invest Rs 80,000 crores in Northeast India. The investment will focus on oil, gas, minerals, and renewable energy. Six Northeastern states will benefit from this initiative. Vedanta aims to create one lakh jobs. The company will also expand social programs for women and children. Anil Agarwal highlights the region's growth potential.
Internal accruals may fund roughly half of Vedanta’s $20 billion expansion plan: Anil Agarwal
Vedanta, led by Anil Agarwal, will maintain a level of debt as it pursues a $20 billion expansion plan funded through internal accruals, equity partnerships, and debt. The company also announced an Rs 80,000 crore investment in the North East, focusing on natural resources like crude oil and rare earth minerals.
Stocks to Buy | Where to invest now? Ajay Srivastava's insights on sectors, risks & opportunities
Ajay Srivastava says Indian markets are buoyed by domestic investor flows, but warns of overvaluation risks. He urges caution, especially for new investors, while identifying auto, hospitals, and undervalued sectors like sugar and paper as promising opportunities.
Vedanta to invest Rs 30,000 crore in Northeast in oil & gas, critical minerals and other sectors
Vedanta Group is set to invest Rs 30,000 crore in Northeast India, expanding its commitment to the region's development. This investment will span across Arunachal Pradesh, Nagaland, Tripura, Meghalaya, and Mizoram, focusing on sectors like oil and gas, critical minerals, and renewable energy. The initiative aims to generate one lakh jobs and boost socio-economic growth.
REITs are the new blue-chips for passive income seekers: Ajay Srivastava
Ajay Srivastava, CEO of Dimensions Corporate, advises against investing in traditional sectors like cement and steel, favoring innovative companies with unique infrastructure. He remains invested in Vedanta due to its high dividend yield and irreplaceable mines. Srivastava is wary of PSU stocks, viewing them as extensions of government departments hindering shareholder value.
Several global consulting firms evince interest to implement Vedanta's USD 20-bn expansion projects
Vedanta Ltd is set to finalize a consulting firm this quarter to implement its USD 20 billion expansion projects across metals, mining, and hydrocarbons. The company has received significant interest from global consulting firms following its expression of interest. This expansion aligns with Vedanta's restructuring into four separate entities, expected to be completed by September-end.
AI School’s in session: India Inc says 'everyone must learn' as machines get smarter
Recognising AI's transformative power, numerous firms like Vedanta, Schneider Electric, and Accenture India are proactively extending AI training to their entire workforces. These initiatives aim to equip employees with essential AI skills, fostering innovation and ensuring relevance in the rapidly evolving technological landscape.
Vedanta shares in focus amid critical mineral exploration, expansion plans
Vedanta has secured four blocks in the fourth round of the critical mineral blocks auction. The acquisitions include vanadium and graphite reserves in Arunachal Pradesh, a polymetallic mine in Karnataka, and tungsten-related assets in Andhra Pradesh and Tamil Nadu.
Tata Steel shares in focus after Q4 profit more than doubles, beats estimates
Tata Steel shares: Total revenue from operations for the quarter ended March 2025 stood at Rs 56,218 crore, marking a 4.2% decline from Rs 58,687 crore in the same period last year. However, on a sequential basis, revenue increased by 5% compared to Rs 53,648 crore reported in Q3FY25.
I-Sec maintains Buy on Vedanta, lowers target price to Rs 575
ICICI Securities maintains a Buy call on Vedanta, revising the target price to Rs 575. Q4FY25 EBITDA rose 31% YoY, driven by higher volumes and cost savings. The brokerage anticipates 18.6% YoY EBITDA growth in FY26E, fueled by cost initiatives, increased volumes, and improved performance in oil & gas and power divisions.
Compensation for oil companies if changes in law shave off $5 mn in earnings a year
The government is set to protect oil and gas explorers. New contracts will compensate them if laws reduce economic benefits. Adjustments to royalties and revenue share are planned. This move aims to boost investment in exploration. The Directorate General of Hydrocarbons proposed these rules. The rules follow amendments to the Oilfields Act.
Can India thrive purely on domestic growth amid global tariff turmoil? Sanjay H Parekh explains
Sanjay H Parekh advises caution due to global tariff uncertainties and potential import/export vulnerabilities, despite India's perceived strong position. His portfolio favors domestic-heavy sectors like financials, autos, and capital goods, while underweighting IT and oil & gas. He remains positive on SBI, expecting temporary NIM pressure due to repo rate cuts.
Sensex jumps over 100 points, Nifty tops 24,350; HDFC Bank, TechM lead gainers
Indian equity markets initially dipped due to geopolitical tensions with Pakistan, overshadowing positive signals from U.S. trade negotiations. However, the indices recovered, supported by sustained foreign institutional investor inflows and India's economic resilience. Experts advise investors to remain calm during crises, noting the market's surprising strength despite recent challenges.
Hindustan Zinc shares rise over 3% after Q4 profit grows 47% YoY to Rs 3,003 crore, Nuvama cuts target price
Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing lower volume growth expectations. Meanwhile, Hindustan Zinc is expanding beyond zinc, lead, and silver into potash, gold, tungsten, and critical minerals, with an eye on lithium prospects in Rajasthan.
Stocks in news: Ultratech Cement, Adani Green, RIL, IDFC First Bank, Hindustan Zinc
Reliance has reported a strong fourth quarter beat in profitability as the bottom line rose 2% year-on-year (YoY) to Rs 19,407 crore. The Street was expecting the profit to be around Rs 18,471 crore.
Hindustan Zinc advocates galvanisation to prevent corrosion costs, saving 5% of India's GDP annually
Hindustan Zinc is emphasising galvanization to combat corrosion, which significantly impacts India's GDP. The company launched 'ZungKeKhilaafZinc' to raise awareness about corrosion's widespread effects on infrastructure and the economy.
Vedanta shares in focus as parent eyes US listing for Zambian copper unit
Vedanta Ltd is in focus as parent Vedanta Resources considers a U.S. IPO for its Zambian unit, Konkola Copper Mines, aiming to raise $1 billion for expansion. With copper output recovery underway post-legal battles and plans to boost annual production, the move aligns with the group’s global restructuring and strategic financing plans.
Load More
