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Anil Agarwal

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

Infrastructure

19 April, 2024

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

The mining investment arm of Abu Dhabi's most valuable company has offered to buy a majority stake in Vedanta Resources' ......

Vedanta Ltd to raise $409 mn through issue of debentures

General

19 December, 2023

Vedanta Ltd to raise $409 mn through issue of debentures

Vedanta Ltd will raise 34 billion rupees ($408.76 million) through an issue of debentures, the Indian metals-to-oil conglomerate said on ......

Anil Agarwal likely to list Vedanta businesses separately

General

25 August, 2023

Anil Agarwal likely to list Vedanta businesses separately

India's Vedanta Ltd will consider separately listing all or some of its businesses, which range from metals and mining to ......

Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses

Manufacturing

02 May, 2023

Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses

Hindustan Zinc Ltd's proposal to buy certain zinc assets from Vedanta Group for $2.98 billion in cash has lapsed as ......

Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected

Consumer

21 January, 2022

Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected

State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon Industries ......

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

Consumer

05 January, 2022

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......

Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe

Consumer

16 June, 2021

Tribunal doubts confidentiality maintained in Videocon bankruptcy process, requests IBBI probe

A Mumbai bench of insolvency tribunal has expressed surprise over the similarity between the bid value offered by Twin Star ......

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

General

04 January, 2021

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due diligence for buying a controlling stake in ......

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Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

Finance

23 December, 2020

Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......

Anil Agarwal, UK's Centricus to invest $10 bn in India privatisation

Finance

17 December, 2020

Anil Agarwal, UK's Centricus to invest $10 bn in India privatisation

Billionaire founder and chairman of Vedanta Group Anil Agarwal and London-based investment firm Centricus plan to deploy $10 billion (Rs ......