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Vedanta

  • coal auction hits legal other roadblocks one mine on offer

    Coal auction hits legal, other roadblocks; one mine on offer tomorrow

    August 12, 2015 17:50 IST

    New 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

  • vedanta resumes iron ore operations in goa after 3 yrs ban

    Vedanta resumes iron ore operations in Goa after 3 yrs ban

    August 10, 2015 21:56 IST

    Panaji/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

  • vedanta gets government nod to restart iron ore mining

    Vedanta gets government nod to restart iron ore mining operations in Goa

    August 10, 2015 13:12 IST

    New 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

  • vedanta may cut jobs as aluminium prices slide

    Vedanta may cut jobs as aluminium prices slide

    July 22, 2015 20:13 IST

    New 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,

  • vedanta looks to regain market share after goa mining

    Vedanta looks to regain market share after Goa mining resumption

    July 13, 2015 11:51 IST

    Panaji: 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

  • cairn india to merge into vedanta in 2.3 bn all share deal

    Cairn India to merge into Vedanta in $2.3 bn all-share deal

    June 15, 2015 6:55 IST

    Mumbai: 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

  • cairn india and vedanta boards meeting on merger

    Cairn India and Vedanta boards meeting on merger

    June 14, 2015 13:40 IST

    New 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

  • vedanta explores merging cairn hindustan zinc anil agarwal

    Vedanta explores merging Cairn, Hindustan Zinc: Anil Agarwal

    January 11, 2015 16:58 IST

    Jaipur: 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

  • vedanta to get mines in 3 4 months agrawal

    Vedanta to get mines in 3-4 months: Agrawal

    India | October 28, 2014 22:40 IST

    Bhubaneswar: 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

  • fitch downgrades vedanta to bb withdraws ratings

    Fitch downgrades Vedanta to 'BB'; withdraws ratings

    June 06, 2014 19:19 IST

    Mumbai: 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

  • vedanta puts lanjigarh alumina refinery expansion on hold

    Vedanta puts Lanjigarh alumina refinery expansion on hold

    May 18, 2014 20:57 IST

    New 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

    Vedanta Resources says ex-Rio Tinto boss Tom Albanese to be CEO

    March 06, 2014 17:43 IST

    London: 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

  • vedanta sources bauxite from gujarat to re start refinery

    Vedanta sources bauxite from Gujarat to re-start refinery in Odisha

    July 02, 2013 14:28 IST

    Bhubaneswar, 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

  • vedanta to close alumina refinery in odisha

    Vedanta to close alumina refinery in Odisha

    December 04, 2012 20:48 IST

    Bhubaneswar, 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

  • vedanta shuts down odisha refinery ahead of schedule

    Vedanta shuts down Odisha refinery ahead of schedule

    October 13, 2012 22:53 IST

    Bhubaneswar, 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

  • Vedanta's iron ore sales down 86% in Q2

    October 09, 2012 19:17 IST

    New 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

  • cabinet gives final nod to vedanta acquisition of cairn

    Cabinet Gives Final Nod To Vedanta Acquisition Of Cairn Stake

    January 24, 2012 21:14 IST

    New 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

  • permission to vedanta given by upa i bjp

    Permission To Vedanta Given By UPA-I: BJP

    Politics | August 27, 2010 23:27 IST

    New 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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