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1-10 results from 622 for query «vedanta»

24 April, 2018 7:47 AM Metal shares tumble on US deadline extension for Rusal sanctions

Shares of metal companies fell on Tuesday after the United States extended deadline for sanctions on Russia’s biggest aluminium producer Rusal. On Monday, the U.S. gave American customers of Rusal more time to comply with sanctions and also said it would consider lifting them if the firm’s major shareholder Oleg Deripaska ceded control of the company 17

21 April, 2018 3:29 PM Why Vedanta could gain out of Electrosteel acquisition

For Vedanta, acquisition of Electrosteel could be value accretive as it has iron ore mines around the latter's plant thus reducing the overall cost For Vedanta, acquisition of Electrosteel could be value accretive considering that the company has got ready iron ore mines around the latter's plant thus reducing the overall cost and generate better returns 35

17 April, 2018 4:07 PM NCLT approves Vedanta's resolution plan for Electrosteel

Kolkata: The National Company Law Tribunal`s (NCLT) Kolkata bench on Monday approved Vedanta Ltd`s resolution plan for the insolvent Electrosteel Steels Ltd. During the insolvency proceedings, the debt-laden company`s resolution professional had submitted Vedanta`s resolution plan before the bench for final disposal after lenders declared it as "successful 71

28 March, 2018 10:27 AM Sensex Sheds 205 Points On Last Session Of 2017-18, Nifty Settles At 10,113

The BSE Sensex lost 205 points to settle at 32,968 on Wednesday, the last trading session of financial year 2017-18. The National Stock Exchange (NSE) benchmark index Nifty shed 62 points to settle at 10,121. Wednesday's session also marked the expiry of derivatives for the month of March. With a 3,348 point gain for the entire financial year, the BSE Sensex 41

26 March, 2018 2:07 AM Essar Steel auction: NCLT's Ahmedabad bench to hear Numetal plea on bid eligibility on Tuesday

The Ahmedabad bench of National Company Law Tribunal will on March 27th take up Numetal's plea to declare its bid for Essar Steel, eligible. If successful, the development will be another turn in the contentious auction. The Ahmedabad bench of National Company Law Tribunal will on March 27 take up Numetal's plea to declare its bid for Essar Steel, eligible 84

16 March, 2018 2:34 PM Hindustan Zinc okays dividend of ₹6 a share

Centre’s stake to yield ₹1,686 crore Hindustan Zinc Ltd., a unit of Vedanta Ltd., on Friday declared a second interim dividend of ₹6 per share. “The board of directors has approved second interim dividend of 300% i.e. ₹6 per share, entailing an outflow of ₹3,051 crore,” the company said in a filing with the BSE. The firm had earlier declared a first 39

16 March, 2018 6:52 AM Hindustan Zinc declares second interim dividend of ₹6 per share

Hindustan Zinc Ltd., a unit of Vedanta Ltd., on Friday declared a second interim dividend of ₹6 per share. This would lead to an outflow of ₹3,051 crore, including dividend distribution tax. Hindustan Zinc had earlier declared a first interim dividend of ₹2 per share. Its total dividend for the financial year is ₹8 per share. This will result in an outgo 39

11 March, 2018 4:07 PM ‘Aluminium tariff may not hit India’

The U.S. decision to impose 10% tariff on imported aluminium may not have significant impact on the Indian aluminium industry but an indirect impact may be due to increased availability of export volume for the rest of the global market, Aluminium Association of India chairman T.K. Chand said. Vedanta Ltd. said it exports about 5%, or 1,00,000 tonnes 48

12 February, 2018 4:03 PM ArcelorMittal, Numetal in race for Essar Steel

Vedanta, JSW, Tata Steel keep off; ‘Essar promoter’s son Rewant is minority shareholder in Numetal and can particpate’ Steel baron L.N. Mittal-led ArcelorMittal and Mauritius-based Numetal, backed by Russian VTB Bank and Rewant Ruia as minority shareholder, have submitted bids to buy out distressed Essar Steel, in line with the corporate insolvency resolution 31

8 February, 2018 4:59 PM Harinder causes a flutter

Top seed Saurav Ghosal had it easy against qualifier Karim El Hammamy of Egypt in the first round of the $35000 Vedanta Indian Open squash tournament at the National Sports Club of India on Thursday. The 31-year-old Ghosal, who climbed to a career-best 14th in the PSA rankings last week, took just 44 minutes to beat Hammamy 11-3, 11-4, 11-6. Ghosal will run into another 33