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BusinessVedanta Ltd raised ₹2,000 crore through the issuance of 2,00,000 unsecured, redeemable, rated, and listed non-convertible debentures (NCDs) on a private placement basis. Each debenture has a face value of ₹1 lakh. The fundraise aims to diversify funding and strengthen the balance sheet as the company refinances existing debt. Vedanta's net debt was ₹8,299 crore as of June 30, 2026.
Business Standard·1h ago
BusinessThe Indian stock market declined with the Sensex falling nearly 49 points and the Nifty dropping about 96 points by the session's close. Rising bond yields unsettled investors, weakening market sentiment. However, the Nifty Midcap 100 and Smallcap 100 indices rose by 0.3%, showing resilience despite the downturn in major indices.
ET Markets·41m ago
PoliticsA woman named Nikitha was found dead with injuries in a hotel room in Hyderabad under SR Nagar police jurisdiction. She had checked in with her live-in partner, Ravi Teja. Police suspect foul play after wounds were found on her head and neck. Ravi Teja was traced in Vizag after attempting self-harm and admitted to hospital. Investigations are ongoing.
Zee News Hindi·just now·Hyderabad
PoliticsThe Modi government approved three major proposals in the Cabinet on Wednesday, including a significant increase in the Minimum Support Price (MSP) for six Rabi season crops for 2027-28. The total package approved amounts to ₹2.79 lakh crore, aimed at benefiting farmers and supporting agricultural growth.
Aaj Tak·14m ago
PoliticsLaura Whisenant allegedly misappropriated nearly $121,000 in Social Security funds intended for her disabled uncle over seven years, leaving him without utilities. This case is part of a broader DOJ crackdown on Social Security fraud, with multiple similar cases emerging nationwide. Court proceedings against Whisenant are expected soon.
TOI World·24m ago
PoliticsThe central cabinet has approved the PM Dhara scheme to meet energy demands with a total investment of ₹1.86 lakh crore. The central government will contribute ₹54,000 crore, while the rest will be funded by states. The scheme aims to benefit consumers by improving power supply during peak hours and reducing cuts through battery storage facilities.
News18 Hindi·6m ago
Business Standard·1h ago
Vedanta Ltd raised ₹2,000 crore through the issuance of 2,00,000 unsecured, redeemable, rated, and listed non-convertible debentures (NCDs) on a private placement basis. Each debenture has a face value of ₹1 lakh. The fundraise aims to diversify funding and strengthen the balance sheet as the company refinances existing debt. Vedanta's net debt was ₹8,299 crore as of June 30, 2026.
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