Vedanta FY19 PAT drops 29% to Rs 9,698 crore, revenue up 1% at Rs Rs 90,901 cr

The Anil Agarwal-led Vedanta secured a 29 per cent year-on-year decline in consolidated profit after taxes (PAT) at Rs 9,698 crore in the financial year 2018-19. The mining company... Read more »

Cairn appoints Ajay Dixit as CEO, says he is right fit for the role

Cairn Oil & Gas, a part of Vedanta, on Tuesday has appointed Ajay Kumar Dixit as its Chief Executive Officer. Ajay succeeds Sudhir Mathur, who after seven successful years... Read more »

Vedanta owned Cairn India’s CEO, CFO quit, Vedanta shares fall 4% intraday

Vedanta-owned Cairn India’s CEO and CFO have resigned in quick succession. As reported by BusinessLine on Monday, Sudhir Mathur, Cairn India’s CEO, had resigned, and Pankaj Kalra, CFO, had quickly... Read more »

Sensex hits record high as GST cuts boost sentiments

The benchmark BSE Sensex hit a fresh all-time high of 36,749.69 points towards the fag end of trade on Monday led by healthy buying in banking, FMCG and consumer... Read more »

Expectation of healthy rural demand lifts equity indices

Expectation of a healthy rural demand on the back of the government’s enhanced farm sector support buoyed the key Indian equity indices on Wednesday. Additionally, positive economic data on... Read more »

Anil Agarwal to delist Vedanta Resources from London Stock Exchange

Mining mogul Anil Agarwal plans to delist his flagship firm Vedanta Resources Plc from the London Stock Exchange after buying out 33.5 per cent of non-promoter shareholders for about... Read more »

Amid volatility equity indices rise for 5th straight week

Despite volatility and a broadly bearish momentum, the key Indian equity indices rose for the fifth consecutive week, although with marginal gains. Value buying by investors, primarily in banking,... Read more »