Vedanta Limited (VEDL.BO)
- Bloomberg
Vedanta Is Said to Weigh $1 Billion Share Sale Soon as June
(Bloomberg) -- Indian commodities tycoon Anil Agarwal’s Vedanta Ltd. is considering a share sale as soon as the coming weeks that could raise as much as 85 billion rupees ($1 billion), people with knowledge of the matter said. Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in Austral
- Reuters
India's Vedanta Aluminium turning to renewables, not adding coal capacity, CEO says
Indian metals-to-oil conglomerate Vedanta Ltd's aluminium business will no longer add coal-fired capacity, its CEO said, in the company's biggest move yet toward renewable energy. Vedanta Aluminium, the country's biggest producer of the metal, aims to increase the share of renewable energy it is using to 30% by 2030 from nearly 5% now, John Slaven told Reuters in an interview. Slaven said the company was securing supplies of 1.3 GW of renewable energy - a mix of solar and wind power - from India's Serentica Renewables.
- Reuters
Vedanta, Airtel, Essel among top funders of Indian political parties in last 5 years, data shows
NEW DELHI (Reuters) -Some of India's biggest companies, including Vedanta Ltd, Bharti Airtel, RPSG Group and Essel Mining were among the country's top political funders over the last five years under a now-scrapped opaque political funding system, official data showed on Thursday. The information was made public by the Election Commission of India following an order on Monday from the country's top court, just days before a national election is due to be called. The political funding mechanism introduced in 2017 allowed companies and individuals to donate unlimited amounts anonymously to political parties.
