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VRL Eyes Credit Rating Upgrade

Mint New Delhi

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June 11, 2025

London-based Vedanta Resources Ltd (VRL) is targeting an investment grade credit rating on the back of its sustained deleveraging, the proposed demerger at its Indian subsidiary, Vedanta Ltd, and its robust growth, operational efficiencies and strong financial performance.

VRL is committed to reducing its total debt from the current $5 billion to $3 billion by FY27 while strengthening its critical minerals, transition metals, energy and tech portfolio.

Mint New Delhi से और कहानियाँ

Mint New Delhi

Iran threatens US, Israel amid protests

Iran's parliament Speaker warned Sunday that the US military and Israel would be \"legitimate targets\" if America strikes the Islamic Republic over the ongoing protests roiling the country, as threatened by US President Donald Trump.

time to read

1 min

January 12, 2026

Mint New Delhi

Europe needs to arm itself again and that's an opportunity for us

Europe will have to reckon with internal divergences as it adapts to the withdrawal of a US shield

time to read

3 mins

January 12, 2026

Mint New Delhi

Mint New Delhi

Indian Railways eyes rust-resistant rails

The Indian Railways plans to use galvanized steel rails in coastal and high-humidity regions to reduce corrosion and quadruple track life, two people aware of the development said.

time to read

2 mins

January 12, 2026

Mint New Delhi

India to strengthen maritime security ties

India is set to deepen engagement to promote safe and secure seas in Asia.

time to read

1 min

January 12, 2026

Mint New Delhi

Mint New Delhi

Trump's oil grab is a big problem for the OPEC cartel

Bringing Venezuela's output under U.S. control has potential to upend the power balance

time to read

4 mins

January 12, 2026

Mint New Delhi

Mint New Delhi

‘Govt spending crucial, hope it does not pursue aggressive tightening’

The key hope from the Union Budget is that the government does not pursue aggressive fiscal tightening, according to the head of equity investments at Canara Robeco Asset Management Co.

time to read

3 mins

January 12, 2026

Mint New Delhi

Mint New Delhi

AI is causing a memory shortage. Why producers aren’t rushing to make a lot more.

The world needs a lot more memory chips and hard drives.

time to read

3 mins

January 12, 2026

Mint New Delhi

Banks object to RTI disclosure of NPAS

Four major banks—Bank of Baroda, RBL Bank, Yes Bank and State Bank of India (SBI)—have approached the Central Information Commission (CIC) objecting to the disclosure of information such as the list of defaulters and nonperforming assets (NPAs), penalties and inspection reports, even as the Reserve Bank of India (RBI) termed the records “liable to be disclosed” under the Right to Information (RTI) Act.

time to read

1 min

January 12, 2026

Mint New Delhi

WHY OUR SAVINGS CULTURE REWARDS ALL BUT THE SAVER

A couple of years ago, I wrote about how India remains, at its core, a fixed-income country.

time to read

2 mins

January 12, 2026

Mint New Delhi

FMCG players see strong Q3 recovery

Driven by goods and services tax (GST) reforms, robust festive demand, and softening raw material prices

time to read

1 min

January 12, 2026

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