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Fitch Upgrades Vedanta Resources to 'BB' as Commodity Prices Surge

Fitch Upgrades Vedanta Resources to 'BB' as Commodity Prices Surge

12 Jun 2026, 10:30 PM

Fitch Ratings has upgraded UK-based Vedanta Resources Limited to 'BB' with a stable outlook. The revision reflects stronger projected EBITDA of $8 billion through FY28, propelled by elevated zinc and aluminium prices, reduced funding structures below 9%, and optimized multi-billion dollar debt management operations.

AXISCADES Divests Aerospace Engineering Unit to Akkodis for $206M

12 Jun 2026, 10:20 PM

RBI to Conduct ₹75,000 Crore Variable Rate Repo Auction

12 Jun 2026, 10:07 PM

RBL Bank Appoints Bhavin Lakhpatwala as Chief Financial Officer

12 Jun 2026, 09:56 PM

RBI Announces ₹24,000 Crore Treasury Bills Auction

12 Jun 2026, 09:45 PM

Balgopal Commercial Secures Two Major Mumbai Redevelopment Projects

12 Jun 2026, 09:35 PM

RBI Places Mogaveera Co-operative Bank Under Business Restrictions

12 Jun 2026, 09:26 PM

Power Grid Secures Kakinada Transmission Project Bid

12 Jun 2026, 09:15 PM

Indobell Insulations Secures US Export Order for Steam Turbine

12 Jun 2026, 09:06 PM

NTPC Green Energy Expands Rajasthan Solar Project Capacity

12 Jun 2026, 08:55 PM

Suresh Raina Warns India Against Over-Reliance on Hardik Pandya

12 Jun 2026, 08:45 PM

AI Backs Canada Over Bosnia in FIFA World Cup 2026 Opener

12 Jun 2026, 08:33 PM

Why AI Data Centres Are the New Goldmine for Indian Law Firms

12 Jun 2026, 08:23 PM

'Raakh' Review: Ali Fazal-Sonali Bendre's Show Kills You With the Horrors of Life

12 Jun 2026, 08:13 PM

Taylor Swift Inducted Into Songwriters Hall of Fame as Youngest Woman

12 Jun 2026, 08:03 PM

US FDA Classifies Aurobindo Subsidiary’s Unit-III as OAI

12 Jun 2026, 07:53 PM

EPACK Durable Secures Massive Reduction in Outstanding Tax Demand

12 Jun 2026, 07:46 PM

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12 Jun 2026, 09:26 PM -India

RBI Places Mogaveera Co-operative Bank Under Business Restrictions

RBI Places Mogaveera Co-operative Bank Under Business Restrictions

12 Jun 2026, 06:05 PM -India

India’s Growth Playbook: CEA Nageswaran Flags 6.6% GDP Goal and Resilience

India’s Growth Playbook: CEA Nageswaran Flags 6.6% GDP Goal and Resilience

12 Jun 2026, 05:47 PM -India

Indian Shooting Legend and Coach Jaspal Rana Dies at 49

Indian Shooting Legend and Coach Jaspal Rana Dies at 49

12 Jun 2026, 05:40 PM -India

India Lodges Strong Protest Over U.S. Naval Strikes on Merchant Ships

India Lodges Strong Protest Over U.S. Naval Strikes on Merchant Ships

12 Jun 2026, 05:05 PM -India

India’s 2026 Monsoon Forecast: Neutral IOD Outlook Persists

India’s 2026 Monsoon Forecast: Neutral IOD Outlook Persists

12 Jun 2026, 04:50 PM -India

India's Retail Inflation Rises to 3.93% in May 2026

India's Retail Inflation Rises to 3.93% in May 2026

12 Jun 2026, 02:40 PM -India

Brent, WTI Crude Futures Extend Losses, Fall 4% on Iran Peace Hopes

Brent, WTI Crude Futures Extend Losses, Fall 4% on Iran Peace Hopes

12 Jun 2026, 12:57 PM -India

Gold and Silver Prices Rebound in India as Peace Hopes Rise

Gold and Silver Prices Rebound in India as Peace Hopes Rise

12 Jun 2026, 12:34 PM -India

TCS Launches India’s First Oracle AI Data Platform Lab in Kolkata

TCS Launches India’s First Oracle AI Data Platform Lab in Kolkata

12 Jun 2026, 09:30 AM -India

India and Bangladesh Release Joint Statement After Border Security Talks

India and Bangladesh Release Joint Statement After Border Security Talks

12 Jun 2026, 06:45 AM -India

Trump Halts Planned Iran Bombings To Pursue Regional Peace Framework

Trump Halts Planned Iran Bombings To Pursue Regional Peace Framework

12 Jun 2026, 12:53 AM -India

Oil Prices Drop Sharply as Trump Cancels Military Strikes on Iran

Oil Prices Drop Sharply as Trump Cancels Military Strikes on Iran

11 Jun 2026, 11:42 PM -India

Fueling the Future: India to Drive Half of Global Oil Demand Growth

Fueling the Future: India to Drive Half of Global Oil Demand Growth

11 Jun 2026, 11:19 PM -India

Bank on It: World Bank Accounts for India as Fastest-Growing Economy

Bank on It: World Bank Accounts for India as Fastest-Growing Economy

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Suresh Raina Warns India Against Over-Reliance on Hardik Pandya

Suresh Raina Warns India Against Over-Reliance on Hardik Pandya

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Trending News

Fitch Upgrades Vedanta Resources to 'BB' as Commodity Prices Surge

Fitch Upgrades Vedanta Resources to 'BB' as Commodity Prices Surge

AXISCADES Divests Aerospace Engineering Unit to Akkodis for $206M

AXISCADES Divests Aerospace Engineering Unit to Akkodis for $206M

RBI to Conduct ₹75,000 Crore Variable Rate Repo Auction

RBI to Conduct ₹75,000 Crore Variable Rate Repo Auction

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