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The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
New Delhi, Apr 7 (PTI) At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capa ...Read More >
(RTTNews) - Indian shares traded lower in early trade on Monday due to lingering geopolitical tensions, rising crude oil prices and continued FII selling. Brent crude prices traded near $110 a barrel as U.S. President Donald Trump renewed his threat to attack Iran's bridges and power plants, warning he would bring "Hell" to Iran if they do not open the vital waterway by 8 p.m. Eastern Time on Tuesday. Trump will hold a news conference "with the Military" at the Oval Office at 1 p.m. later toda ...Read More >
The demerger is designed to create independent, sector-focused companies with their own balance sheets and leadership teams. Management believes that this will allow each business to pursue tailored growth strategies, attract specialised investors and be valued more accurately by the market. The approval by National Company Law Tribunal (NCLT) of Vedanta Ltd's long-awaited demerger plan on Tuesday, marks a defining moment for one of India's largest natural resources conglomerates. The tribunal' ...Read More >
Udaipur, 17th December 2025: Hindustan Zinc, world's largest and India's only integrated producer of zinc, lead, and silver, has strengthened its global credibility with a comprehensive suite of prestigious international and national certifications. These include REACH compliance for the European Union, Bureau of Indian Standards (BIS) certification, and the globally recognised London Bullion Market Association (LBMA) Good Delivery accreditation for silver, along with several other international ...Read More >
Vedanta's plan to demerge its oil-to-metals conglomerate into five separate listed entities has received approval from the National Company Law Tribunal (NCLT). This development comes despite earlier concerns from the government regarding the recovery of dues. Following the news, Vedanta's shares turned positive, rising 3.5%. The National Company Law Tribunal (NCLT) on Tuesday approved the Vedanta demerger plan, paving the way for the splitting of the metals-to-oil conglomerate sector-specific ...Read More >
Mumbai, Dec 16 (PTI) The National Company Law Tribunal (NCLT) on Tuesday approved the Vedanta demerger plan, paving the way for splitting the group into sector-specific entities across aluminium, oil and gas, power, and iron and steel. "The sanction to the company scheme is granted," the Mumbai bench of the tribunal, composed of Charanjeet Singh Gulati and Nilesh Sharma, said. NCLT had reserved the order after hearing the matter in November. Vedanta welcomed the NCLT order pronounced on Tuesd ...Read More >
New Delhi : Vedanta Limited, India's leading energy-transition metals, oil & gas, critical minerals, power and technology conglomerate, reaffirmed its commitment to accelerating India's clean-energy transition on the National Energy Conservation Day. The Group's decarbonisation strategy uses four levers: renewable energy expansion, switching to low-carbon fuels, energy and process efficiency, and carbon offsets. Leveraging a multi-pronged approach, till November FY26, Vedanta sourced 2.58 billi ...Read More >
New Delhi, Oct 17 (PTI) Vedanta group firm Hindustan Zinc Ltd on Friday reported a 13.8 per cent increase in consolidated net profit at Rs 2,649 crore for quarter ended September 30, 2025. The company had posted consolidated net profit of Rs 2,327 crore in the year-ago period. The consolidated income of the company in the July-September period increased to Rs 8,787 crore, over Rs 8,522 crore in the corresponding quarter of the previous financial year. Hindustan Zinc Ltd is a leading integrate ...Read More >
(RTTNews) - Indian shares were little changed in early trade on Friday due to escalating Sino-U.S. tensions and renewed concerns about the U.S. banking sector. The benchmark BSE Sensex was down 7 points at 83,460 while the broader NSE Nifty index was marginally higher at 25,595. Infosys fell 1.6 percent on reporting a 2.2 percent quarter-on-quarter revenue increase in constant currency terms for Q2FY26. Wipro slumped 4.2 percent on reporting a 2.5 percent quarter-on-quarter (QoQ) decline in i ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decrea ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illega ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decrea ...Read More >
New Delhi, Jul 18 (PTI) Vedanta on Friday said rating agencies Crisil Ratings and ICRA have reaffirmed their credit ratings, underscoring continued confidence in the mining major's overall business stability. In a regulatory filing, Vedanta said ICRA Ltd has reaffirmed the company's credit ratings, underscoring continued confidence in Vedanta's overall business stability and healthy financial performance, healthy financial performance and strong adherence to corporate governance. Also Read | L ...Read More >
New Delhi, Jul 18 (PTI) Vedanta on Friday said rating agencies Crisil Ratings and ICRA have reaffirmed their credit ratings, underscoring continued confidence in the mining major's overall business stability. In a regulatory filing, Vedanta said ICRA Ltd has reaffirmed the company's credit ratings, underscoring continued confidence in Vedanta's overall business stability and healthy financial performance, healthy financial performance and strong adherence to corporate governance. Vedanta said ...Read More >
New Delhi, July 18 (SocialNews.XYZ) The All India Football Federation have congratulated Inter Kashi on being adjudged the I-League Champions following the decision by the Court of Arbitration for Sport (CAS). CAS has partially upheld an appeal by Inter Kashi Football Club (Inter Kashi FC) against Churchill Brothers FC Goa, Namdhari FC, Real Kashmir FC, and AIFF. CAS has ruled that the AIFF shall declare Inter Kashi FC as winners of the I-League 2024-25. After an unsuccessful first procedure i ...Read More >
New Delhi, Jul 18 (PTI) Hindustan Zinc Ltd (HZL) CEO Arun Misra on Friday rejected US short-seller Viceroy's allegation that Vedanta has violated the brand fee agreement with the government, saying that a due process was followed by the board. Viceroy Research in a recent report had alleged that Vedanta violated its agreement with the government with regard to collection of brand fee from HZL. "We are very clear in our approach. We take matters to board after due consultation, legal vetting... ...Read More >
New Delhi, Jul 18 (PTI) Hindustan Zinc Ltd (HZL) CEO Arun Misra on Friday rejected US short-seller Viceroy's allegation that Vedanta has violated the brand fee agreement with the government, saying that a due process was followed by the board. Viceroy Research in a recent report had alleged that Vedanta violated its agreement with the government with regard to collection of brand fee from HZL. Also Read | Ladki Bahin Yojana July 2025 Installment Date: When Will Maharashtra Women Beneficiaries ...Read More >
Bengaluru, Jul 18 (PTI) A man was arrested for allegedly using abusive language and derogatory comments against Karnataka and Kannada-speaking people, police said on Friday. The incident occurred on July 17 at around 9.30 am, when Ranjith Mathew, a delivery partner, called a customer, identified as Mithun Sarkar, to confirm the address to deliver a T-shirt ordered by him through an online platform, they said. Also Read | Ladki Bahin Yojana July 2025 Installment Date: When Will Maharashtra Wome ...Read More >
New Delhi, Jul 18 (PTI) Hindustan Zinc Ltd (HZL) CEO Arun Misra on Friday rejected US short-seller Viceroy's allegation that Vedanta has violated the brand fee agreement with the government, saying that a due process was followed by the board. Viceroy Research in a recent report had alleged that Vedanta violated its agreement with the government with regard to collection of brand fee from HZL. "We are very clear in our approach. We take matters to board after due consultation, legal vetting... ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector. The Nifty 50 index opened at 25,108.55, witnessing a marginal dip of 2.90 points or 0.01 per cent. Meanwhile, the BSE Sensex began the session at 82,193.62, declining by 65.62 points or 0.08 per cent. Experts attributed the weak market opening to the ongoing ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wan ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector. The Nifty 50 index opened at 25,108.55, witnessing a marginal dip of 2.90 points or 0.01 per cent. Meanwhile, the BSE Sensex began the session at 82,193.62, declining by 65.62 points or 0.08 per cent. Also Read | Priyanka Chopra Jonas Birthday: She Continues ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector. The Nifty 50 index opened at 25,108.55, witnessing a marginal dip of 2.90 points or 0.01 per cent. Meanwhile, the BSE Sensex began the session at 82,193.62, declining by 65.62 points or 0.08 per cent. Experts attributed the weak market opening to the ongoing ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Also Read | Kota Srinivasa Rao Dies at 83: Andhra Prade ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Political donations totalled Rs 157 crore in 2024-25, u ...Read More >
Mumbai: US-based short seller Viceroy Research's report on Vedanta Resources (VRL) has no new information that has not been voluntarily shared with shareholders previously, VRL's chief executive officer Deshnee Naidoo said Thursday. "The authors of the report have compiled only part information filled with gross inaccuracies which you've also discerned as part of this meeting," Naidoo said addressing shareholders at the annual general meeting of India-listed Vedanta. On Wednesday, Viceroy Rese ...Read More >
Agartala (Tripura) [India], July 10 (ANI): A large-scale state-level mock exercise simulating flood and landslide scenarios was successfully conducted across Tripura with special emphasis on West Tripura District by the District Disaster Management Authority (DDMA) under the supervision of the National Disaster Management Authority (NDMA). Vishal Kumar, District Magistrate (DM) of West Tripura, addressed the media following the drill, and highlighted that rescue operations were carried out simu ...Read More >
MUMBAI: In a move reminiscent of Hindenburg going short on Adani Group, US-based financial researcher Viceroy Research said Wednesday it was "shorting" the debt stack of metal tycoon Anil Agarwal-controlled Vedanta Resources, the UK-based parent of Mumbai-listed miner Vedanta, as it believes the entire group structure is 'financially unsustainable', operationally compromised, 'a house of cards', poses severe risks to creditors, and 'resembles a Ponzi scheme'. Viceroy's 87-page report came ahead ...Read More >
New Delhi, Jul 9 (PTI) Metal stocks ended lower on Wednesday amid concerns after US President Donald Trump unveiled sweeping new measures, including a 50 per cent tariff on copper. Shares of Hindustan Copper dropped 3.76 per cent, Bhagyanagar India declined 3.03 per cent and ND Metal Industries slipped 2.15 per cent on the BSE. The stock of Hindustan Zinc declined 2.56 per cent, Hindalco lost 1.92 per cent, National Aluminium Company went lower by 1.90 per cent, Tata Steel dipped 1.82 per cent ...Read More >
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