array(3) {
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["name"]=>
string(25) "CONCORD RESOURCES LIMITED"
["slug"]=>
string(34) "b9d0e-gb-concord-resources-limited"
["logo"]=>
NULL
["description"]=>
string(923) "We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. We currently operate in India, Zambia, Namibia, South Africa, Ireland and Australia through our various subsidiaries. We seek to attract talent especially in mining, metallurgy, geology, smelting and sustainability for our worldwide operations.
Empowerment of the community requires a synergic satisfaction of human needs and our view is that a shared destiny approach will benefit the community and boost economic prosperity. With a business model of growth, constant value creation and improved operations, the company's vision is focused towards sustainably satisfying the needs of all our stakeholders by engaging the community we operate in. We have adopted a positive attitude to make our Sustainable Development initiatives successful for all.
"
["address_street"]=>
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["address_place"]=>
string(6) "LONDON"
["address_region"]=>
NULL
["founding_date"]=>
string(10) "2015-09-22"
["website_domain"]=>
NULL
["website_url"]=>
NULL
["industry_codes"]=>
array(3) {
[0]=>
string(50) "Miscellaneous Metal Ores, Not Elsewhere Classified"
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string(48) "Miscellaneous Nonmetallic Minerals, Except Fuels"
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}
["employee_count"]=>
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[0]=>
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["title_en"]=>
string(56) "Vedanta plunges into Rs 1,783cr loss in July-Sep quarter"
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string(241) "Mumbai, Nov 4: Billionaire Anil Agarwal-controlled Vedanta Resources has piled up a consolidated net loss of Rs 1,783 crore for the July-September quarter of the current financial year, the company reported in an exchange filing on Saturday."
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string(266) "Vedanta's parent company Vedanta Resources faces repayments of bonds worth nearly $2 billion in financial year 2025. Including these bonds, the company is facing debt repayment worth $3.6 billion in the next financial year, according to Kotak Institutional Equities."
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string(292) "VRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds. On Friday, it told investors that the brand fee, at3% of VDL 's annual revenue and subject to reviews within the six-year set mandate, can be increased to5% without"
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string(150) "https://www.businesstoday.in/markets/stocks/story/vedanta-hindustan-zinc-shares-in-focus-as-vedanta-resources-fy23-profit-plunges-67-384853-2023-06-09"
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b9d0e-gb-concord-resources-limited
CONCORD RESOURCES LIMITED
CONCORD RESOURCES LIMITED
Location
Founded
2015-09-22
Website
Articles
491 Articles
Category
Miscellaneous Metal Ores, Not Elsewhere Classified
Miscellaneous Nonmetallic Minerals, Except Fuels
Nondurable Goods, Not Elsewhere Classified
Description
We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. We currently operate in India, Zambia, Namibia, South Africa, Ireland and Australia through our various subsidiaries. We seek to attract talent especially in mining, metallurgy, geology, smelting and sustainability for our worldwide operations.
Empowerment of the community requires a synergic satisfaction of human needs and our view is that a shared destiny approach will benefit the community and boost economic prosperity. With a business model of growth, constant value creation and improved operations, the company's vision is focused towards sustainably satisfying the needs of all our stakeholders by engaging the community we operate in. We have adopted a positive attitude to make our Sustainable Development initiatives successful for all.
Mumbai, Nov 4: Billionaire Anil Agarwal-controlled Vedanta Resources has piled up a consolidated net loss of Rs 1,783 crore for the July-September quarter of the current financial year, the company reported in an exchange filing on Saturday.
Vedanta's parent company Vedanta Resources faces repayments of bonds worth nearly $2 billion in financial year 2025. Including these bonds, the company is facing debt repayment worth $3.6 billion in the next financial year, according to Kotak Institutional Equities.
Reports suggest that Anil Agarwal & Vedanta are set to conduct roadshows for bondholders. They will have a lot of questions to answer regarding the challenges to the business.
VRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds. On Friday, it told investors that the brand fee, at3% of VDL 's annual revenue and subject to reviews within the six-year set mandate, can be increased to5% without
Vedanta Resources (VRL) bonds fell a couple of points as its India-listed conglomerate holding company Vedanta Limited (VDL) reported a 35% drop in operating profit (Ebitda) during the first quarter.
Worries around debt repayments and stretched finances in billionaire Anil Agarwal’s Vedanta Resources Ltd. are once again in focus, underscored by losses in some bonds of the commodity giant.
In FY23, VRL deleveraged $2 billion against its commitment of $4 billion deleveraging over three years, chairman Anil Agarwal said in VEDL’s annual report for FY23.
Vedanta Resources said it clocked record revenue (before special items) for the year at $ 18.1 billion against $17.6 billion in FY22, up 3 per cent YoY. This was primarily driven by higher volumes at Copper and Zinc and strategic hedging gains.
The company attributed the fall in profit and operating margins to an increase in raw materials such as imported alumina, thermal coal, carbon and coking coal
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