Vedanta
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Vedanta’s Anil Agarwal stuns London markets with Rs 16K cr share buy in De Beers parent firm
Mar 17, 2017, 11:42 AM ISTAnglo American is one of the top five mining companies in the world and owner of the world’s biggest diamond producer De Beers
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Vedanta to invest $1 bn in Jharkhand: Anil Agarwal
Feb 16, 2017, 06:56 PM ISTThe company also plans to set up a 1 million tonne steel plant in the stateKeen to get a strong foothold in Jharkhand, mining baron Anil Agarwal on Thursday said he has "big plans" for
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Vedanta signs two MoUs with South African firms for improved underground mining
Jul 13, 2016, 03:01 PM ISTNew Delhi: Vedanta Limited, India’s premier diversified natural resources company, has signed two memoranda of understanding (MoUs) with South African companies for supply of equipment, and transfer of technology in order to enhance productivity and
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'Cairn India, Vedanta merger only after tax liability settled': Government
Apr 11, 2016, 05:38 PM ISTIn a setback to mining mogul Anil Agarwal, the government today said it will not allow him to merge subsidiary Cairn India with his flagship firm Vedanta Ltd unless the Rs 10,247 crore tax issue is settled.
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Coal auction hits legal, other roadblocks; one mine on offer tomorrow
Aug 12, 2015, 05:50 PM 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
Aug 10, 2015, 09:56 PM 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
Aug 10, 2015, 01:12 PM 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
Jul 22, 2015, 08:13 PM 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
Jul 13, 2015, 11:51 AM 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
Jun 15, 2015, 06:55 AM 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
Jun 14, 2015, 01:40 PM 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
Jan 11, 2015, 04:58 PM 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 | Oct 28, 2014, 10:40 PM 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
Jun 06, 2014, 07:19 PM 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, 08:57 PM 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
Mar 06, 2014, 05:43 PM 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
Jul 02, 2013, 02:28 PM 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
Dec 04, 2012, 08:48 PM 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
Oct 13, 2012, 10:53 PM 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
Oct 09, 2012, 07:17 PM 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