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Vedanta, China's Zijin Group part of $9-bn metals deals in Saudi Arabia

Infrastructure

26 November, 2024

Vedanta, China's Zijin Group part of $9-bn metals deals in Saudi Arabia

Saudi Arabia on Tuesday agreed nine investment deals in metals and mining worth more than 35 billion riyals ($9.32 billion) ......

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KKR-backed Serentica Renewables raising fresh equity funding

Infrastructure

18 October, 2024

KKR-backed Serentica Renewables raising fresh equity funding

Serentica Renewables India Pvt Ltd, a decarbonisation platform that has so far raised $650 million from US-based private equity firm ......

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Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

General

11 October, 2024

Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

Ola Consumer has sought approval from its investors to change its registration to a public one, The Arc reported. This could mark ......

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Grapevine: Infra.Market begins IPO talks; Ranjan Pai to invest in Trident's fund

General

02 August, 2024

Grapevine: Infra.Market begins IPO talks; Ranjan Pai to invest in Trident's fund

Infra.Market, a tech startup supplying construction and building materials, has begun exploratory talks with investment banks for its public market ......

Government rejects Vedanta-controlled Hindustan Zinc's plan to split company

Manufacturing

22 March, 2024

Government rejects Vedanta-controlled Hindustan Zinc's plan to split company

The Indian government, Hindustan Zinc's largest minority shareholder, has rejected the miner's proposal to split into different units as it ......

Jindal Power bids $1.68 bn for distressed power plant

Infrastructure

07 February, 2024

Jindal Power bids $1.68 bn for distressed power plant

Jindal Power, a unit of India's Jindal Steel & Power Ltd, has submitted a 140 billion rupees ($1.69 billion) bid ......

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 ......

Byju's CFO Ajay Goel resigns, to return as Vedanta finance chief

Manufacturing

24 October, 2023

Byju's CFO Ajay Goel resigns, to return as Vedanta finance chief

India's Vedanta on Tuesday said Chief Financial Officer (CFO) Sonal Shrivastava has resigned amid a major structural overhaul announced last ......

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Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

General

04 October, 2023

Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

ICICI Venture, the alternative investment arm of ICICI Bank, is in discussions to invest in a New Delhi-based ethnic wear ......

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 ......