Vedanta to invest $6 billion in India in 2-3 years
Metals and mining conglomerate Vedanta Resources wants to make fresh investments of over USD 6 billion in India in two-three years and USD 30 billion over a period of time if the investment climate in the country remains positive, its chief Anil Agarwal said on Friday.
Jan 09, 2015, 12:08 PM IST
Vedanta to complete Gamsberg zinc project phase 1 by 2017-18
As the global zinc market faces capacity constraints, Vedanta Resources has set a deadline of 2017-18 for completing the first phase of its Gamsberg project with USD 630 million investment.
Dec 14, 2014, 11:39 AM IST
South Africa in talks with Vedanta for power plant JV
South Africa has initiated talks with Vedanta Resources for setting up a power plant jointly with a state-run firm, though it is yet to decide if majority stake would be given to the Anil Agarwal-led firm.
Dec 11, 2014, 18:24 PM IST
Vedanta chief for abolishing export duty on iron ore
Metal, mining, oil and gas major Vedanta Group's chief Anil Agarwal today asked the government to give clearances for reopening iron ore mines in Goa and abolish export duty on the steel-making raw material.
Nov 21, 2014, 20:47 PM IST
Vedanta Chairman discusses HZL, Balco stake sale with FM
Weeks after government-appointed valuers visited the sites of Hindustan Zinc and Balco, Vedanta Resources Chairman Anil Agarwal on Friday discussed with Finance Minister Arun Jaitley issues related to residual stake sale in the erstwhile state-owned firms.
Nov 14, 2014, 22:24 PM IST
Vedanta Resources H1 profit down 52% to $26 mn
Vedanta Resources Thursday reported 52 percent decline in its half-yearly profit for the current fiscal at USD 26 million, despite 6 percent revenue growth.
Nov 13, 2014, 15:38 PM IST
Vedanta optimistic of getting bauxite mines in 3-4 months
"The Chief Minister assured us that we will be able to operate a bauxite mine within three to four months to feed our refinery," Agarwal told reporters after meeting Chief Minister Naveen Patnaik.
Oct 28, 2014, 22:45 PM IST
Anil Agarwal of Vedanta to donate 75% of fortune to charity
According to Forbes, Anil Agarwal is worth USD 3.5 billion and is one of the richest man in India.
Sep 26, 2014, 08:55 AM IST
Vedanta big contender for govt's residual stake in HZL: Agarwal
Vedanta group, which holds majority stake in Hindustan Zinc Ltd, Tuesday said it would bid for the government's residual stake in HZL and is a "big contender" for it.
Sep 09, 2014, 21:31 PM IST
Vedanta plans to expand refinery capacity to 6 mtpa
Vedanta Resources Plc Tuesday said it plans to raise capacity of its Lanjigarh Alumina refinery to 6 million tonnes per annum (mtpa) with an investment of Rs 10,000 crore.
Sep 09, 2014, 17:09 PM IST
Vedanta may invest Rs 10k-cr on Lanjigarh refinery expansion
Vedanta Aluminium, a unit of NRI billionaire Anil Agarwal-led Sesa Sterlite, may invest Rs 10,000 crore to raise the capacity of its alumina refinery at Lanjigarh in Odisha to six million tonnes per annum (mtpa).
Jul 31, 2014, 15:02 PM IST
Vedanta Aluminium gets village's nod to expand refinery
Vedanta Aluminium has been struggling to source sufficient bauxite to feed the 1 million tpy alumina refinery since its commissioning in August 2007.
Jul 30, 2014, 17:44 PM IST
$1.25 bn loan from Cairn India win-win for both: Vedanta
Analysts were of the view that the if Cairn did not have a better usage of its cash, it should have rewarded its shareholders buy way of bonus etc.
Jul 29, 2014, 20:13 PM IST
'Simple regulatory farmework to help India attract investment'
Agarwal said that though India has the world's fourth largest coal deposits and seventh largest deposits of iron ore.
Jul 07, 2014, 20:14 PM IST
Vedanta eyes 25% women representation on Board by 2015
NRI billionaire Anil Agarwal-led Vedanta Resources aims to have 25 percent representation by women in its Board by next year and all appointments will be made purely on merit.
Jul 06, 2014, 18:38 PM IST
ONGC to hike stake in Cairn block
Though the royalty is later cost recovered, the company faces cash flow issues because of the payment.
Jun 16, 2014, 13:05 PM IST
