Vedanta plans to invest $20 billion in India in 4 years
Thu, May 2, 2024 11:04 AM

Vedanta plans to invest $20 billion in India in 4 years

A Flip by Shubhangi Gupta
Get it on Google Play
The Vedanta Group is aiming to invest $20 billion across all its businesses in India over the next four years, its Chairman Anil Agarwal said on Wednesday. The group will sell the steel business only at the right price, and is committed to continue running it if it does not get the right price, Agarwal told PTI on the sidelines of a company event.

More great flips

Retirement Planning: These 5 schemes provide pension every month

Retirement Planning: These 5 schemes provide pension every month

Retirement Planning: If you are planning for your retirement and want to get pension every month, then it is important for you to invest in those schemes which give good returns. Here are five schemes that offer a reliable monthly pension, ensuring you do not have to depend on anyone in your later years.

Open Flip
Foreign investors pile into Turkish Bonds at fastest since 2013

Foreign investors pile into Turkish Bonds at fastest since 2013

Overseas investors are buying Turkish government bonds at the fastest pace in more than a decade, emboldened by pledges of monetary orthodoxy and lower inflation. Capital flows into Turkey’s lira-denominated bonds hit $2.8 billion in the week through May 10, according to the latest central bank data—the biggest weekly inflow into the debt since 2013.

Open Flip
President of India-backed low PE & high ROE stock; Oil India Ltd.

President of India-backed low PE & high ROE stock; Oil India Ltd.

The President of India owns the majority of the stake in the company i.e., 56.66 per cent. Oil India Ltd, a central public sector undertaking, is a major player in India's oil and gas industry. They focus on activities across the entire oil and gas production chain, including exploration, development, and production of crude oil and natural gas.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon