Vedanta Resources to Deleverage Debt by $3 Billion Over 3 Years

Vedanta Resources to Deleverage Debt by  Billion Over 3 Years

Vedanta says deleveraging is its priority. The financial year 2025 maturities of $1,100 million and close to $750 million of interest servicing will be managed through brand fees, dividends from operating companies, asset monetisation and other strategic initiatives Vedanta Resources, the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, does not foresee a rollover of … Read more

Stocks to Watch: Wipro, Eureka Forbes, Vedanta, BoB, JSW Steel, Zee Ent, and Others

Stocks to Watch: Wipro, Eureka Forbes, Vedanta, BoB, JSW Steel, Zee Ent, and Others

Stocks To Watch on February 22: After an upside of six days straight, domestic equity markets snapped their rally and settled with a steep fall on Wednesday amid fag-end selling triggered by a rush for profit booking and mixed global cues. In today’s trade, shares of Devyani International, Eureka Forbes, Home First Finance, Brigade Enterprises … Read more

“It is not development but robbery”: Sanjay Raut tears into Central government

“It is not development but robbery”: Sanjay Raut tears into Central government

Shiv Sena (UBT faction) leader Sanjay Raut on Monday slammed the central government for focusing only on the development work in Gujarat and said that it is not development but robbery. Addressing a press conference, Raut said, “I would only say that the whole country is one, development should be for the whole country, the … Read more

Stocks to Watch: Tata Steel, Vedanta, Zomato, Tata Motors, Bharat Forge, and Others

Stocks to Watch: Tata Steel, Vedanta, Zomato, Tata Motors, Bharat Forge, and Others

Last Updated: December 08, 2023, 08:41 IST Stocks To Watch: Nifty futures on Gift Nifty traded marginally higher at around 7.15 am, indicating a flat-to-positive start for Dalal Street ahead of the RBI policy outcome today. Here are the top stocks that will be in focus: Rate-sensitive stocks: Banking, auto and real estate stocks will … Read more