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Byju's
Edtech group Byju’s faces shrinking empire with creditors at the gates
...Goel is rejoining Indian conglomerate Vedanta as CFO, after only leaving it in April to join Byju’s. He told investors in June that the audit to March 2022 would be completed by September....
October 29, 2023
Indian business & finance
India accelerates drive to offload company stakes in rush for cash
...The company was state run before the government offloaded 26 per cent of its stake in 2002 to natural resources conglomerate Vedanta, which went on to lift its holding to nearly 65 per cent....
July 24, 2022
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
FT News Briefing podcast10 min listen
Xerox pushes HP, Nasdaq v NYSE, Man City deal
Xerox turns to HP shareholders with its $33bn takeover proposal
November 27, 2019
Brooke Masters
National courts have global companies in their sights
...BHP and Vedanta say they intend to fight the claims....
May 14, 2019
Asia-Pacific companies
Vedanta founder looks to buy out rest of company for £800m
...Anil Agarwal has struck a deal to buy out the minority shareholders of Vedanta Resources for almost £800m, as the Indian metals tycoon pushes ahead with plans to simplify the structure of his sprawling business...
July 2, 2018
FT AlphavillePaul Murphy
Here’s the Fiat Chrysler statement from the EPA…
...Environmental Protection Agency (EPA) today issued a notice of violation to Fiat Chrysler Automobiles N.V. and FCA US LLC (collectively FCA) for alleged violations of the Clean Air Act for installing and...
January 12, 2017
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Oil
Markets regain composure on steady Chinese CPI
...addition to the release of weaker-than-expected April trade data on Sunday, investors were also digesting reports in local media that the country’s economic performance would be “L-shaped” rather than “V-...
May 10, 2016
FT AlphavilleChris Nuttall
FT Opening Quote – ENOC swallows Dragon
...Vedanta, the India-based miner, has confirmed an offer to buy out minorities in Cairn India, the oil group in which it acquired a controlling interest from Cairn of the UK....
June 15, 2015
Retail & Consumer industry
Kingfisher climbs on cash return hopes
...In a rising mining sector, Vedanta Resources was squeezed 2.3 per cent higher to 947p amid continuing speculation that Anil Agarwal, founder and majority shareholder of the Indian conglomerate, may be planning...
May 2, 2014
US & Canadian companies
Warburg Pincus backs Africa oil and gas explorer Delonex Energy
...Though Cairn India is now majority-owned by Indian mining and metals group Vedanta Resources, it remains listed and rose to a valuation of $13bn under Mr Dhir’s leadership....
June 17, 2013
FT AlphavilleJoseph Cotterill
The 6am Cut London
...Vedanta Resources could also compete with the two bidders for the 59 per cent stake in Iron Ore Company of Canada, which Rio Tinto is selling off amid a seven-year low for iron ore prices....
June 3, 2013
UK equities
Vodafone gains as dividend fears ease
September 21, 2012
News in-depthThe Big Read
India: Bollygarchs at bay
...“There has been a reluctance to decide things fast, a reluctance by government agencies to approve things quicker – they have not moved the way they used to,” says V....
June 5, 2012
UK retail results
Segro hits a nine-month high in London
...Cairn Energy led the blue chip fallers, dropping 2.7 per cent to 426¼p, on worries that its $9.6bn sale of Indian assets to Vedanta Resources may collapse....
February 4, 2011
UK retail results
Fears for tablet demand hit Arm
...Miners and energy groups accounted for about half the decline with Fresnillo off 4.8 per cent to £15.13 and Vedanta Resources down 4.5 per cent to £21.84....
March 10, 2011
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK banks
Carnival steams ahead amid results optimism
...Vedanta Resources, India’s largest copper miner, was down 3.1 per cent to £26.22, while Rajasthan-focused Cairn Energy lost 2.6 per cent to 384p....
March 19, 2010
UK retail results
Cost of CDS raise ‘ripple’ effect fears
...Vedanta Resources gained 2.1 per cent to £24.24, Xstrata took on 1.7 per cent to £10.30½ and BHP Billiton rose 2.4 per cent to £19.01½....
February 11, 2010
Life & Arts
Hollywood’s golden talent agents
...“Our competitors get into these brand wars like Coke v Pepsi,” says Zimmer at UTA....
February 19, 2010
Mergers & Acquisitions
Vodafone climbs amid defensive mood
...Vedanta was under pressure, losing 4.2 per cent to £21.21 after Barclays Capital downgraded to “equal-weight”....
October 28, 2009
US & Canadian companies
Southwestern’s Korell is industry’s best-value chief
...He remembers uncapping a black marker to write: R squared over A is V+, in what he calls a type of epiphany....
November 29, 2009
UK retail results
Footsie at highest since February
...Vedanta Resources was up 5.7 per cent to 985½p, Anglo American rose 7.5 per cent to £14.42 and Rio Tinto was 6.5 per cent firmer at £26.81....
April 29, 2009
Climate change
Foreign groups circle power-hungry India
...That restriction, says V....
January 15, 2009
Mergers & Acquisitions
Rate decision makes little impact on FTSE
...Xstrata fell 3.4 per cent to £27.05, while Vedanta Resources slipped 3.4 per cent to £13.72 and Anglo American drifted 2.6 per cent to £28.52....
May 10, 2007
World
Hope resurfaces in Zambia copperbelt
...Konkola Copper Mines – majority owned by London-listed Vedanta Resources – is putting $400m (€340m, £230m) into the massive Konkola Deep project, which has been the subject of feasibility studies for over...
November 22, 2005
US downturn
Mining and oils drive FTSE higher
...Vedanta Resources touched an all-time intra-day high of 421.5p before slipping to close at 415p, up 0.7 per cent on the day....
January 24, 2005

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