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Metal and Mining

SECTOR | 30 Apr 2025

Vedanta expects demerger to complete by September, says CFO Goel

Business Standard

Anil Agarwal-led Vedanta Ltd expects to complete the demerger of its businesses by the September-end, according to a top company official. The company had earlier said it has pushed back its demerger by a quarter to June-July. Speaking with PTI, Vedanta CFO Ajay Goel said, "We are on track to finish (the demerger) by the second quarter end." "So, by the end of September, the demerger will reach a conclusion. So, it will be completed," he added. The approval of the demerger proposal will pave the way for the company's various business verticals to become separate entities. The mining firm had last year revised its demerger plan and decided to retain its base metal undertaking within the parent firm. Vedanta had earlier said post-demerger its existing businesses will be structured in six independent companies -- Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta Ltd. However, later it revised the plan. Vedanta

Metal and Mining

SECTOR | 30 Apr 2025

Short-term challenges for IT and Metals, but consumer and financial sectors offer upside: Rana Gupta

Economic Times

Rana Gupta of Manulife Investment suggests India's financial markets are navigating a volatile period. The next 90 days are crucial as global trade rebalances. While tariff finality may come, corporate adjustments will bring uncertainty. Sectors like IT and metals face headwinds. Consumer and financial sectors may see revival due to policy support and lower crude oil prices.

Metal and Mining

SECTOR | 28 Apr 2025

Six Stocks In News At Noon: Mahindra & Mahindra, Siemens, RBL Bank Among Others

NDTV Profit

Several stocks including Tejas Networks, Lloyd Metals and Energy and Shriram Finance were making headlines due to various financial developments.

Metal and Mining

SECTOR | 28 Apr 2025

Lloyds Metals Share Price Falls As Q4 Profit, Revenue Dip

NDTV Profit

Lloyds Metals declared a final dividend of Re 1 per equity share for fiscal 2025.

Metal and Mining

SECTOR | 25 Apr 2025

Q4 Results Live: Reliance Industries, Maruti, Hindustan Zinc, Shriram Finance, Tata Tech to announce Q4 results

Business Line

Q4 Results Today live updates April 25, 2025: Find all the latest Q4 results 2025 updates for Reliance Industries, Maruti Suzuki, Hindustan Zinc, Shriram Finance, LT Finance, Tata Technologies, Oracle Financial Services Software, Lloyds Metals and Energy, Cholamandalam Investment and Finance Company, Motilal Oswal Financial Services, Bank of Maharashtra, Dr Lal PathLabs, Chennai Petroleum Corporation, RBL Bank, Tejas Networks, Zensar Technologies and few more companies to announce their Q4 results today.

Metal and Mining

SECTOR | 23 Apr 2025

Poshs Metal Industries bags 43 cr in Aavishkaar Capital

Business Line

This funding marks a crucial step in our growth journey as we expand our footprint in Aurangabad, says Asheer Kapoor, Promoter & Director, Poshs Metal

Metal and Mining

SECTOR | 22 Apr 2025

Metals tycoon Agarwal seeks mining reboot amid debt overhaul, Saudi push

Business Standard

Vedanta is also expanding the gamut of its operations by winning rights to mine critical minerals like nickel, chromium, platinum, and cobalt in India through November auctions

Metal and Mining

SECTOR | 19 Apr 2025

AMG Metals Partners With Rio Tinto To Develop Low-Carbon Aluminium Project In India

NDTV Profit

AMG M&M will examine a firmed renewable energy solution with Greenko, while Rio Tinto will explore a commercial alumina solution.

Metal and Mining

SECTOR | 12 Apr 2025

Trump Plans Order to Enable Critical Metals Stockpiling: FT

NDTV Profit

There is a broader push to fast-track deep-sea mining applications under US law and the stockpile of the metals, including traces of rare earth minerals, is being considered as part that effort.

Trump Plans Order To Enable Critical Metals Stockpiling: Report

NDTV Profit | 12 Apr 2025

Metal and Mining

SECTOR | 11 Apr 2025

Q4 metals preview: Steel firms' EBITDA to improve amid price pressures, says Axis Sec; Coal India among top picks

livemint

Q4 Metals Preview: In Q4FY25, Axis Securities forecasts EBITDA gains for steel firms due to higher sales volumes and reduced costs, while aluminium companies like Hindalco are set for robust growth. APL Apollo Tubes and Coal India are highlighted as preferred investments amid market challenges.