Vedanta
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Coal auction hits legal, other roadblocks; one mine on offer tomorrow
August 12, 2015 17:50 ISTNew Delhi: Coal block auctions ran into legal and other roadblocks on Wednesday, forcing the government to defer auction of one mine and withdraw another from the third tranche with players Hindalco, JSPL and Vedanta
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Vedanta resumes iron ore operations in Goa after 3 yrs ban
August 10, 2015 21:56 ISTPanaji/New Delhi: Vedanta Ltd, India's largest private miner, today led resumption of iron ore production at Goa after a three-year ban as the top ore exporting state looks to regain lost glory.Vedanta resumed operations with
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Vedanta gets government nod to restart iron ore mining operations in Goa
August 10, 2015 13:12 ISTNew Delhi: Anil Agarwal-led mining firm Vedanta said it has received necessary government approvals and will resume operations starting today at its biggest iron ore mine at Codli in Sanguem taluka in Goa."The company has
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Vedanta may cut jobs as aluminium prices slide
July 22, 2015 20:13 ISTNew Delhi: Hit by cheap imports and falling prices of aluminium in the global market, domestic industry will be forced to take "drastic steps" like job cuts and production cap, Vedanta Aluminium said today.The company,
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Vedanta looks to regain market share after Goa mining resumption
July 13, 2015 11:51 ISTPanaji: Vedanta Limited, which has managed to retain 80 per cent of its earlier mining capacity in Goa after state government's renewal of the leases, is now looking to regain the lost market share, a
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Cairn India to merge into Vedanta in $2.3 bn all-share deal
June 15, 2015 6:55 ISTMumbai: In move to cut debts, India's largest private miner Vedanta Ltd headed by billionaire Anil Agarwal will absorb oil firm Cairn India in a USD 2.3 billion all-share deal to create India's largest diversified
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Cairn India and Vedanta boards meeting on merger
June 14, 2015 13:40 ISTNew Delhi: The board of directors hydrocarbons explorer Cairn India is currently in meeting to discuss the proposed merger of the company with mining resources major Vedanta Ltd."A meeting of Board of Directors of the
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Vedanta explores merging Cairn, Hindustan Zinc: Anil Agarwal
January 11, 2015 16:58 ISTJaipur: Mining baron Anil Agarwal is mulling merging cash-cows Cairn India and Hindustan Zinc into his flagship Vedanta Group firm to create a global natural resources giant to rival Rio Tinto or BHP Billiton.In an
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Vedanta to get mines in 3-4 months: Agrawal
India | October 28, 2014 22:40 ISTBhubaneswar: Anil Agrawal, founder and executive chairman of London-listed Vedanta Resources, Tuesday said the Odisha government has assured him that bauxite mines will be provided within three to four months to feed its one-million-tonne refinery
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Fitch downgrades Vedanta to 'BB'; withdraws ratings
June 06, 2014 19:19 ISTMumbai: International rating agency Fitch today downgraded Anil Agrawal-promoted Vedanta's credit rating to ‘BB' from BB+ with a stable outlook and then withdrew its ratings.“We have downgraded the long-term issuer default rating (IDR) of Vedanta
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Vedanta puts Lanjigarh alumina refinery expansion on hold
May 18, 2014 20:57 ISTNew Delhi: Vedanta Resources has put on hold a five-fold expansion plan of its Lanjigarh refinery in Odisha even as it is mulling sourcing bauxite from other sources away from Niyamgiri Hills to feed existing
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Vedanta Resources says ex-Rio Tinto boss Tom Albanese to be CEO
March 06, 2014 17:43 ISTLondon: India focused mining conglomerate Vedanta Resources today appointed Tom Albanese as its new chief executive from April 1. The former head of Anglo-Australian mining giant Rio Tinto plc will replace Mahendra Singh Mehta, the
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Vedanta sources bauxite from Gujarat to re-start refinery in Odisha
July 02, 2013 14:28 ISTBhubaneswar, July 2: Vedanta Aluminium Ltd (VAL) on Tuesday said it has received about 35,000 tonnes of bauxite from Gujarat to re-start its alumina refinery in Odisha's Kalahandi district at lower capacity."We have started getting
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Vedanta to close alumina refinery in Odisha
December 04, 2012 20:48 ISTBhubaneswar, Dec 4 : Vedanta Aluminium Limited (VAL) Tuesday said it was shutting down its alumina refinery in Odisha from Wednesday due to shortage of bauxite.“Despite our concerted efforts over the past three months to
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Vedanta shuts down Odisha refinery ahead of schedule
October 13, 2012 22:53 ISTBhubaneswar, Oct 13: Vedanta Aluminium Limited (VAL) Saturday temporarily shut down its refinery in Odisha, ahead of its Dec 5 scheduled closure, as it could not arrange for the minimum quantity of bauxite required to
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Vedanta's iron ore sales down 86% in Q2
October 09, 2012 19:17 ISTNew Delhi, Oct 9: Vedanta Resources said on Tuesday that its iron ore sales fell by a whopping 86 per cent in the July-September quarter this fiscal as production dipped due to the mining ban
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Cabinet Gives Final Nod To Vedanta Acquisition Of Cairn Stake
January 24, 2012 21:14 ISTNew Delhi, Jan 24: The Union Cabinet today gave final approval to London-based mining group Vedanta Resources Plc's acquisition of a majority stake in Cairn India Ltd for USD 8.48 billion.The Cabinet Committee on Economic
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Permission To Vedanta Given By UPA-I: BJP
Politics | August 27, 2010 23:27 ISTNew Delhi: BJP on Friday reacted to Congress General Secretary Rahul Gandhi's statement on the stalled Vedanta mining project in Orissa, saying this was an attempt to "fool" the people as permission to the firm
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