oil & gas

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    Demerger Timeline Delayed: Vedanta Postpones Deadline

    New Delhi, March 31 Vedanta Ltd announced on Tuesday that it has extended the deadline for its proposed demerger to June 30, as approvals from certain government authorities remain pending and are still being processed."Since certain conditions precedent to the Scheme, including receipt of...
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    Debt Refinancing and Growth: Vedanta's NCD Issuance

    New Delhi, March 16 Vedanta Ltd announced on Monday that its board of directors has approved raising up to ₹2,575 crore through the issuance of debentures.The fundraising is part of Vedanta's efforts to diversify its funding sources and strengthen its balance sheet as it continues to refinance...
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    Steel Pipe Supply Contract Awarded to DEE Development Engineers

    New Delhi, February 27 DEE Development Engineers announced on Friday that the company has secured a ₹58 crore contract for the manufacture and supply of alloy steel seamless pipes.The contract was awarded by a joint venture between an Indian and foreign conglomerate operating in the power...
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