Mining major Vedanta’s Consolidated net sales stood at `341 bn in Q3FY23, in line with MOSL estimated. The reduction in revenue q-o-q was due to a decline in commodity prices and lower strategic hedging gains, partially offset by favourable forex movement. The consolidated Ebitda stood at `71 bn, below our estimate of `94 bn due […]
King Charles III will give his second Christmas message from Buckingham Palace in front of a live tree decorated with sustainable ornaments. The message to be broadcast at 3 p.m. on Monday will be the king’s second holiday address since he ascended the throne but the first since his coronation in May. The natural decorations […]