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Vedanta, Hindustan Zinc shares in focus after metals giant confirms ED visits to offices
Vedanta confirmed Enforcement Directorate visits to its offices and Hindustan Zinc as part of a FEMA probe, stating full cooperation. This news follows a recent rating upgrade for Vedanta by ICRA, which cited strengthening credit profiles and strong financial performance driven by base metal prices.
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thehindubusinessline.com
ED searches against Vedanta Group in FEMA case
ED conducts searches on Vedanta Group amid ongoing FEMA violation investigation; official statement pending.
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thehindu.com
Enforcement Directorate searches against Vedanta Group in FEMA case
Enforcement Directorate conducts searches on Vedanta Group amid ongoing FEMA violation investigation in New Delhi.
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newsbytesapp.com
ED raids Vedanta Group offices in FEMA case
The Enforcement Directorate raided Vedanta's Mumbai and Delhi offices, investigating royalty payments to its parent company under the Foreign Exchange Management Act.
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economictimes.indiatimes.com
Vedanta shares fall after media reports of ED searches at Mumbai, Delhi office
Vedanta shares dipped over 1% following reports of Enforcement Directorate searches at its offices concerning royalty payments to its parent company. This comes after a…
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ED conducts FEMA searches; Vedanta says extending full cooperation
ED conducts FEMA searches on Vedanta Group; the company pledges full cooperation with authorities during the investigation.
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Vedanta says ED officials visited some of its offices, Hindustan Zinc units
Enforcement Directorate officials visited offices of mining conglomerate Vedanta Limited and its subsidiary Hindustan Zinc Limited. The companies confirmed the visits to stock…
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ED investigates Vedanta Group for FEMA violations
A Vedanta spokesperson said the company was cooperating with the authorities. "We are extending full cooperation to the authorities and are providing all information sought. The…
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hindustantimes.com
ED searches Vedanta-linked premises in FEMA violation probe
The ED action comes a month after the company won creditor approval for a major demerger, splitting the conglomerate into four entities. | India News
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Vedanta, Hindustan Zinc shares in focus after metals giant confirms ED visits to offices
Vedanta confirmed Enforcement Directorate visits to its offices and Hindustan Zinc as part of a FEMA probe, stating full cooperation. This news follows a recent rating upgrade for…
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Vedanta, Hindustan Zinc shares decline amid ED searches under FEMA
Vedanta and Hindustan Zinc shares drop amid ED searches for alleged foreign exchange violations, raising investor concerns.