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The Vedanta Group company reported a 44% year-on-year growth in its consolidated topline to Rs 9,387 crore. High power and fuel costs meant that the company’s cost of production for zinc during the quarter went up by 23% year-on-year to Rs 97,423 per ton.
Fed policymakers edge closer to opening debate around taperFed policymakers have promised to give markets plenty of notice before changing policy, to avoid a repeat of the "taper tantrum" spike in bond yields after former Fed Chair Ben Bernanke surprised markets by flagging a reducti… Read MoreBuy or Sell: Stock ideas by experts for May 25, 2021
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… Read MoreSensex bounces as auto, metal stocks lift Dalal Street; Asian Paints rises 2%The S&P BSE Sensex index jumped as much as 309.45 points to touch 50,961.35 in the first few minutes of trade.
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… Read MoreStocks that are likely to bounce on the lifting of Covid curbsAviation, hotels, multiplexes, city gas and liquor stocks could be the biggest gainers
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… Read MoreLenders say no to promoters’ bid for Jaypee InfratechMoreover, home buyers who constitute a majority of the debt are unlikely to support a bid from the very builder which delayed the construction in the first place people familiar with the negotiations said. This offer is too l… Read More
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