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Vedanta in talks with IHC unit, investors for Zambian copper stake sale

Infrastructure

27 June, 2024

Vedanta in talks with IHC unit, investors for Zambian copper stake sale

International Resources Holding (IRH), the mining investment arm of United Arab Emirates' richest company, is among investors holding talks on buying ......

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Grapevine: Matter Group to raise funds; Vedanta parent seeks $500 mn in private credit

General

02 November, 2023

Grapevine: Matter Group to raise funds; Vedanta parent seeks $500 mn in private credit

Electric mobility startup Matter Group is looking to raise fresh funding over the next two years, a media report has ......

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Grapevine: Tatas eye Ching's Secret maker; Awfis plans IPO; Vedanta seeks private credit

General

21 September, 2023

Grapevine: Tatas eye Ching's Secret maker; Awfis plans IPO; Vedanta seeks private credit

Tata Group's consumer unit, Tata Consumer Products, has emerged as the frontrunner to buyout the maker of condiments, food products ......

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Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager

General

17 August, 2023

Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager

Billionaire Sajjan Jindal-led JSW Steel Ltd is considering buying a 75% interest in Elk Valley Resources, the steelmaking coal business ......

Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares

General

09 March, 2021

Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares

The government has received expressions of interest (EOIs) from several parties including Vedanta Resources, Megha Engineering and Infrastructure, and Great ......

Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel

Manufacturing

04 October, 2018

Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel

 India's Supreme Court allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after clearing their outstanding dues within ......

ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up

Manufacturing

10 September, 2018

ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up

Steel giant ArcelorMittal SA has raised its bid for India's debt-laden Essar Steel in competition with Russia's VTB and Vedanta ......

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

General

04 July, 2018

Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro

Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......