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Mumbai, July 9 (SocialNews.XYZ) The Indian stock markets closed lower after a volatile session on Wednesday amid selling in the IT and metals stocks, especially in Vedanta and Hindustan Zinc. Sensex settled at 83,536.08, down 176.43 points or 0.21 per cent. The 30-share index opened in negative territory at 83,625.89 against the last session's closing of 83,712.51. However, it showed some volatility, hitting an intra-day high at 83,781.36 before closing. Nifty fell 46.40 points or 0.18 per cen ...Read More >
Mumbai: Vedanta shares fell over 7 per cent during intra-day trading on Wednesday after a report by US short-seller Viceroy Research alleged that the conglomerate resembled a "Ponzi" scheme -- a claim that Anil Agarwal-owned company has vehemently denied. "The entire group structure is financially unsustainable, operationally compromised, and poses a severe, under-appreciated risk to creditors," according to the short-seller report. According to the US-based short seller, Vedanta Resources Ltd ...Read More >
New Delhi, Dec 12 (PTI) Vedanta group firm Hindustan Zinc Ltd on Thursday said it has entered into a pact with the Rajasthan government to invest Rs 36 crore in the education sector of the state. The announcement was made during the Education Pre-Summit, part of the Rising Rajasthan Global Investment Summit 2024 held in Jaipur from December 9-11. The investment will be focused on 72 government schools under its flagship education initiative, Shiksha Sambal programme, Hindustan Zinc said in a s ...Read More >
Tamil Nadu Chief Minister MK Stalin vowed to block tungsten mining in Melur, Madurai, despite the Union Government granting rights to Hindustan Zinc Limited. The state assembly passed a resolution condemning the decision, citing environmental and heritage concerns. Stalin urged the Prime Minister to cancel the mining rights, emphasizing the state's disapproval and the public's anxiety.Tamil Nadu Chief Minister MK Stalin on Monday said that as long as he is the Chief Minister of the state he will ...Read More >
Bengaluru (Karnataka) [India], December 10: STL Digital Limited, an IT Services and Consulting Company [a wholly-owned subsidiary of STL (NSE: STLTECH)], announces the successful deployment of RISE with SAP S/4HANA Cloud for eight Vedanta companies (Hindustan Zinc Ltd., Sterlite Copper, Cairn Oil & Gas, Sesa Goa Iron Ore, Vedanta Aluminium, Vedanta Zinc International, ESL Steel Ltd, Vedanta Corporate), globally. Vedanta, a globally diversified natural resources, energy, and technology conglomera ...Read More >
Jaipur (Rajasthan) [India], November 29: The Vedanta Pink City Half Marathon (VPCHM) 2024 is back with its landmark 9th edition on 15th December 2024 in Jaipur. Organised by Vedanta in collaboration with Any Body Can Run (ABCR), the marathon embraces the inspiring theme #RunForZeroHunger, aiming to raise awareness and support for combating hunger and malnutrition. This highly anticipated event is expected to draw over 15,000 participants from across the country, including renowned personalities, ...Read More >
CHENNAI: MDMK general secretary Vaiko on Tuesday urged the state government not to grant any permission, including environmental clearance, to Vedanta to carryout Tungsten mining in Arittapatti at Melur. In a statement, he said that the Union Ministry of Minerals and Mines, has recently held a nationwide auction for mining mineral resources and awarded Hindustan Zinc Limited, a subsidiary of Sterlite Vedanta, a license to mine tungsten mineral in a land spreadover 5,000 acres in Melur, Madurai. ...Read More >
MADURAI: Citing environmental degradation, protestors led by activist Mugilan raised concerns against the move to set up a tungsten block in Madurai, on Monday. Citing environmental degradation, protestors led by activist Mugilan raised concerns against the move to set up a tungsten block in Madurai, on Monday. Highlighting the environmental issues, the protestors submitted a petition to Madurai Collector MS Sangeetha against the move, on Monday. Talking to reporters, Mugilan pointed ou ...Read More >
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