Vedanta plans investments in mineral sector in Saudi Arabia
Considering the strong demand for zinc and its expected shortage globally, Saudi Arabia is looking to team up with global companies to become a leading producer of the metal.
Jan 15, 2022, 21:40 PM IST
Tamil Nadu government orders closure of Sterlite plant in Tuticorin following death of 13 people
Large-scale violence on May 22 against the Sterlite copper plant in Tuticorin and police firing led to the death of 12 persons. Next day saw one more youth succumbing to injuries sustained in police firing.
May 28, 2018, 17:28 PM IST
Anti-Sterlite protest: Rajinikanth, Kamal Haasan blame Tamil Nadu government for loss of lives
Nine people were killed in police firing after protests for the closure of Vedanta group's Sterlite Copper plant over pollution concerns turned violent in Tamil Nadu's Tuticorin.
May 22, 2018, 18:33 PM IST
Cairn accuses finmin official of ordering dividend freeze
British oil firm Cairn Energy plc has accused a senior finance ministry official of "privately" advising billionaire Anil Agarwal-led Vedanta Group to withhold its dividend income for a potential squaring off of a retrospective tax liability.
May 01, 2017, 16:43 PM IST
Hindustan Zinc makes highest dividend payout
Vedanta Group firm Hindustan Zinc (HZL) on Wednesday announced a special dividend of Rs 13,985 crore for 2016-17, taking the aggregate amount paid by it for the fiscal to Rs 27,157 crore, the largest such payout by any company in the country.
Mar 23, 2017, 09:13 AM IST
Cairn liable to pay Rs 10,247 crore capital gains tax: ITAT
Tax tribunal ITAT as upheld levy of Rs 10,247 crore capital gains tax on UK's Cairn Energy Plc but has held that interest cannot be charged on it as the demand was raised using retrospective tax legislation.
Mar 10, 2017, 18:00 PM IST
Vedanta Group Q3 EBIDTA jumps 79% to $882 mn
Vedanta Resources Group's operating profit almost doubled to USD 882.3 million for the quarter ended December, while revenue rose 26 percent to USD 3.06 billion on the back of higher production volumes mainly zinc.
Feb 20, 2017, 16:46 PM IST
Budget 2017: Exclusive conversation with Anil Agarwal, Chairman of Vedanta Group
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Jan 09, 2017, 23:19 PM IST
Budget 2017 : Exclusive conversation with Anil Agarwal, Chairman of Vedanta Group
Exclusive conversation with Anil Agarwal, Chairman of Vedanta Group. Watch complete news story to get the detailed news updates!
Jan 09, 2017, 20:00 PM IST
Cairn India PSC extension: HC directs govt to decide within 2 months
Delhi High Court Monday directed the government to positively take a decision within two months regarding extension of a production sharing contract (PSC) it has with Cairn India, a subsidiary of UK-based Vedanta group, to produce oil from a Rajasthan block till 2020.
Nov 07, 2016, 16:58 PM IST
SC denies nod to Vedanta Group for exporting iron ore from Karnataka
The Supreme Court on Thursday refused permission to Vedanta Group to export iron ore mined from Karnataka while allowing National Mineral Development Corporation (NMDC) to continue with the dual pricing of the minerals.
Sep 01, 2016, 14:49 PM IST
Cairn Energy seeks $5.6 billion compensation from India for raising retrospective tax demand
British explorer Cairn Energy has sought USD 5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore on 10-year old internal reorganisation of its India unit.
Jul 12, 2016, 12:45 PM IST
Anil Agarwal wants to model Vedanta on GE lines
The Patna-born mining mogul Anil Agarwal plans to convert his group Vedanta Resources Plc into a GE-like institution -- a board-run conglomerate run by best professionals -- as he does not see his children taking over the mantle from him.
Apr 06, 2016, 18:01 PM IST
Filed suit against govt to expedite pricing case: Anil Agarwal
Lamenting that decision making in India could have been quicker, mining baron Anil Agarwal has said his company Cairn India filed a suit against government to "help" latter decide on price and tenure of Rajasthan oilfield faster.
Mar 13, 2016, 15:40 PM IST
Centre can't stop us from exporting crude: Cairn India to HC
Cairn India Tuesday claimed in the Delhi High Court that under Foreign Trade Policy, the Centre cannot stop it from exporting crude from its Rajasthan oil field.
Mar 01, 2016, 18:55 PM IST
Anil Agarwal firm to invest $10 bn on LCD manufacturing firm
NRI billionaire Anil Agarwal today announced that it will set up India's first LCD manufacturing facility, which will see an investment of USD 10 billion (about 68,000 crore) in five phases.
Feb 13, 2016, 14:37 PM IST
Govt lost Rs 1400 crore as Cairn not allowed to export oil: HC told
Cairn India Tuesday told Delhi High Court that a loss of Rs 1400 crore has been caused to the government as the company was forced to sell its share of crude from its Rajasthan oil field to private players at prices 20 percent less than the global rates.
Jan 19, 2016, 19:28 PM IST
India has potential to attract $100 bn investment: Agarwal
Vedanta Ltd is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil and gas.
Dec 04, 2015, 20:34 PM IST
Will try to keep loss-making Lanjigarh unit running: Vedanta
The Vedanta Group, which has set up a 1 MTPA refinery at Lanjigarh in Odisha's Kalahandi district, had earlier initiated process for gradual closure of the plant due to shortage of raw material.
Nov 25, 2015, 01:44 AM IST
'Vedanta not considering sweetening Cairn merger offer'
With minority shareholders of Cairn India said to be against the merger of the company with parent Vedanta Ltd, Vedanta Group Chairman Anil Agarwal Thursday hoped he wouldn't have to sweeten the merger offer.
Nov 19, 2015, 21:08 PM IST
