Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines near. The company owned by billionaire Anil Agarwal plans to do this by a combination of instruments, including issuing preference shares in the holding company to a slew of offshore investors from West Asia, and taking on another loan to refinance older debt at a higher interest rate. VRL, which is the group's holding company, is also looking to sell part of its 63.71 per cent stake in the Indian listed subsidiary Vedanta Ltd to meet funding requirements, said a banker close to the development.
The court said the Delhi government was "interested in appropriation of power".
A desperate Sunrisers have hit the reset button this season, bringing in Australia's World Cup winning captain Pat Cummins.
At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.
The BJP shifted Union Minister of State for Agriculture and Farmers Welfare Shobha Karandlaje, who is currently representing Udupi Chikmagalur Lok Sabha segment, to contest from Bangalore North.
Both SRH and PBKS have two wins and two losses from their four matches to be tied with two other teams in the middle with four points
India continues to occupy the second spot with 9 match points (2 match points for a win and 1 for a draw) behind Iran (10 MPs).
Veteran opener Gautam Gambhir and young Mayank Agarwal helped themselves to half centuries before torrential rain played spoilsport in the Duleep Trophy match between India 'Blue' and India 'Red' in Greater Noida on Monday. Only 34.2 overs of play was possible which saw 'Blue' team skipper Gambhir (51 batting) and Agarwal (53 batting) put on 105 runs for the opening wicket. The two openers were solid without being flashy as they maintained a decent run-rate of just over 3 runs per over.
Royal Challengers Bengaluru's IPL campaign that began with optimism has melted into chaos. Their bowlers require a drastic transformation in mindset against Sunrisers Hyderabad for them to register an elusive win in Bengaluru on Monday.
12 of the 20 MPs with the highest winning margins in the 2019 Lok Sabha polls have not been re-nominated by their parties for the 2024 general elections.
Mayank Agarwal blasted 162 to help Karnataka demolish Andhra Pradesh in a South Zone match of the Vijay Hazare National One Day Championships in Secunderabad, on Friday.
A bench of Justices Sanjiv Khanna and Dipankar Datta took exception to the ED filing four supplementary chargesheets, the latest on March 1, 2024, in a money laundering case arising from alleged illegal mining in Jharkhand.
All India Rank achieves a fine balance of authenticity and sensitivity in the fine portrayals of its young actors and old.
Asia's richest man, Mukesh Ambani, signed off an address to employees last week by assuring them that 2024 would be better than 2023 for both Reliance Industries and India. Ambani isn't an exception. Promoters and their representatives from several other conglomerates have expressed similar optimism.
GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November, the finance ministry said on Friday. Goods and Services Tax (GST) mop-up was over Rs 1.45 lakh crore in November 2022.
The Rajya Sabha MP, who lost out to Bachchan in the race for re-nomination to the upper house and on Monday quit the Samajwadi Party to join the BJP, had said at a press conference that the SP denied him the RS ticket and gave it to somebody who used to dance and act in films.
The Bombay high court on Sunday dismissed a public interest litigation (PIL) filed by four students against the Maharashtra government's decision declaring a public holiday on January 22, on the occasion of the Ram temple consecration ceremony in Ayodhya.
The high court also said that Kejriwal's absence cannot allow students to go through the first term without free text books, writing material and uniform in schools under the Municipal Corporation of Delhi.
The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.
Having stuttered in the chase, Parag's yet another quickfire knock -- 95 from 65 balls with eight fours and five sixes -- revived East Zone's hopes of turning the tables on South Zone.
Raamdeo Agarwal of Motilal Oswal Securities believes that the current market valuations are fair. He feels that the market is still buoyant and the sentiment will remain positive.
KKR's most successful leader Gautam Gambhir is back in his second innings as a mentor. His partnership with head coach Chandrakant Pandit, a shrewd tactician in domestic circuit, will be the key to their revival.
The Enforcement Directorate (ED) has attached 8.86 acres of land in Ranchi allegedly owned by former Jharkhand chief minister Hemant Soren as part of a money laundering investigation against him and his associates, the federal agency said on Thursday.
Baba Indrajith helped himself to a fine hundred while another senior campaigner Vijay Shankar scored a half-century as Tamil Nadu cruised into the semi-finals of the Vijay Hazare Trophy.
In a recent note, the global brokerage firm said India now commands a weight of 19 per cent in the above-mentioned portfolio as compared to 18.2 per cent in September 2023. India, it said, is a large liquid market and remains a counter-weight to North Asia if a slowdown in the West occurs and China's recovery disappoints.
'Wrong feedback was given against Parasji to the top BJP leadership in New Delhi by a senior BJP leader, who is also a Union minister from Bihar.' 'He deliberately provided wrong information about the RLJP to the BJP leadership to help Chirag Paswan.'
Reader Shiva Kumar has sent us a photograph.
R Sai Kishore came up with a splendid all-round show as South Zone trumped North Zone by two wickets in a thrilling finish in the rain-hit semi-final.
Children born under the Special Marriage Act have equal rights over both parents' properties, regardless of their parents' religion or background.
Bright dreams of a new journey, desperation to stage a comeback and desire to rediscover old glory will be the dominant themes of this season's Ranji Trophy that begins at various centres across the country from Friday.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
'I had got good feedback from the New Zealand series and the Indian team coaches had also said look to work on these things. So, whatever they had said, we worked on it and it is reaping benefits today.'
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
Spurred by Chirag Jani's a five-wicket haul, defending champions Saurashtra scripted their first knockout win of the season with a 238-run thrashing of Vidarbha on the third day of their Ranji Trophy Elite Group A match in Nagpur on Sunday.
A depleted Gujarat Titans bowling attack will have to raise its game by quite a few notches to stop a marauding Sunrisers Hyderabad, fresh from its record total against Mumbai Indians, in the upcoming afternoon IPL match in Ahmedabad on Sunday.
It would be interesting to see who India leave out to play Rohit Sharma
In 2014, Vardhan had defeated Kapil Sibal, then with the Congress, to win the Chandni Chowk Lok Sabha seat while in the 2019 polls, he trounced Congress' Jai Prakash Agarwal.
Saurabh Kumar was virtually unplayable on a raging turner, returning with a match-haul of 10 wickets as Rest of India beat Saurashtra
The university has also directed security agencies to deploy ex-Army personnel to strengthen the security of its hostel blocks, the official said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances