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vedanta

Anand James Advises Waiting for Nifty to Surge Beyond 19,800 Level

by Craig Fedirighi
Anand James Advises Waiting for Nifty to Surge Beyond 19,800 Level

NEW DELHI: Nifty bears are likely to regroup once the index is in the 19600-670 band, says Anand James, Chief Market Strategist at Geojit Financial Services. “We would wait for …

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Categories Business

Vedanta leads with Rs 10,710 crore in block deals this week

by Craig Fedirighi
Vedanta leads with Rs 10,710 crore in block deals this week

The week gone by saw Nifty50 settling 0.66% lower over the previous week. Yet it was not without action as prominent bulk, block and insider deals worth Rs 10,710 crore …

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Categories Business

Declining Glitter: Metal Stocks Experience 3% Drop Today

by Craig Fedirighi
Declining Glitter: Metal Stocks Experience 3% Drop Today

Metal stocks declined by up to 3% on Wednesday due to a stronger US dollar, which made commodities priced in greenbacks more expensive for holders of other currencies. The Nifty …

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Categories Business

Vedanta’s LSE Stock Dips 5.59% During Discussions to Acquire Cairn Stake

by Craig Fedirighi
Vedanta’s LSE Stock Dips 5.59% During Discussions to Acquire Cairn Stake

LONDON/MUMBAI: Shares of NRI billionaire Anil Agarwal-led Vedanta Resources on Friday plunged 5.59 per cent on the London Stock Exchange amid talk that it may acquire a majority stake in …

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Categories Business

Foxconn Chairman Shares Insights on India’s Chip Ecosystem

by Ev Richard
Foxconn Chairman Shares Insights on India’s Chip Ecosystem

Apple supplier Foxconn’s top executive has praised the chip ecosystem of India. According to a report by PTI, the Taiwan-based company’s chairman, Young Liu, said that the ecosystem for semiconductor …

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Categories Technology

Is it Worth Buying or Selling Vedanta Shares after a 3% Fall in Q1 Performance?

by Craig Fedirighi
Is it Worth Buying or Selling Vedanta Shares after a 3% Fall in Q1 Performance?

Shares of Anil Agarwal-led firm Vedanta fell 3% to Rs 271 in Monday’s trade on BSE after the company reported a consolidated net profit of Rs 2,640 crore for the …

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Categories Business

Report: Government likely to postpone Hindustan Zinc share sale

by Craig Fedirighi
Report: Government likely to postpone Hindustan Zinc share sale

The Indian government is considering postponing the sale of its stake in Hindustan Zinc until the industry’s fortunes improve, according to two government sources. However, the government still aims to …

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Categories Business

Vedanta Bond Prices Drop Amid Chip Setback, Raising Liquidity Concerns

by Craig Fedirighi
Vedanta Bond Prices Drop Amid Chip Setback, Raising Liquidity Concerns

Worries around debt repayments and stretched finances in billionaire Anil Agarwal’s Vedanta Resources Ltd. are underscored by losses in some bonds of the commodity giant. The London-based company’s Indian unit …

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Categories Business

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