Vedanta Limited

Vedanta Aluminium & Power COO Sunil Gupta Named Vice-Chairman Of CII Odisha State Council

Vedanta Aluminium has recenlty also announced that it is on track to achieving a ratio of 30% women employees on its rolls by the end of FY25. 

Mar 08, 2024, 14:25 PM IST

Vedanta Board Approves Rs 7,621 Crore Interim Dividend For FY23

The board also accepted the resignation of Ajay Goel from the post of Acting Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).

Mar 28, 2023, 20:49 PM IST

Vedanta Dividend Latest News 2022: Anil Agarwal-led company announces 1750 per cent dividend; check record date, other details

Vedanta Dividend Announcement News 2022: Vedanta will pay Rs 17.50 dividend per share to its shareholders based on the shares in their Demat account as on November 30.

Nov 22, 2022, 16:41 PM IST

Forced to take tough calls to protect biz: Albanese on job cuts

Metals and mining conglomerate Vedanta Group was forced to take recourse to "tough" measures like job cuts to protect its businesses in difficult market conditions, a top company official has said.

Oct 27, 2015, 19:22 PM IST

Vedanta-Cairn India merger gets BSE, NSE approval

In June, India's largest private miner Vedanta Ltd had announced it will absorb oil firm Cairn India in a USD 2.3 billion all-share deal to create the country's largest diversified natural resources firm.

Sep 15, 2015, 18:51 PM IST

Vedanta on major cost cutting drive at Goa iron ore business

Mining conglomerate Vedanta has started a major cost cutting drive at its iron ore business in Goa amid subdued market sentiments and depressed prices of the commodity in global markets.

Sep 15, 2015, 18:46 PM IST

Vedanta Ltd raises Rs 2,000-cr from SBI through NCDs

Mining Conglomerate Vedanta Ltd has raised Rs 2,000 crore from country's largest lender State Bank of India through issuance of Non-Convertible Debentures (NCDs).

Aug 24, 2015, 18:58 PM IST

More mining cos gear up to begin iron ore extraction in Goa

Following Vedanta, three more mining companies have expressed their intent to resume iron ore extraction activity in the state, a mining exporters' body in Goa has said.

Aug 23, 2015, 19:17 PM IST

Sesa Goa announces resumption of mining operations

Sesa Goa, a subsidiary of Vedanta Monday announced resumption of its mining operations in the state, after a gap of three years.

Aug 10, 2015, 13:59 PM IST

Profits will dip as mining cake has shrunk: Vedanta official

As Vedanta Ltd, formerly known as Sesa Sterlite, gets down to resuming mining operations in Goa after three years, the company's iron ore business CEO Kishore Kumar said the mining cake has shrunk.

Aug 10, 2015, 13:56 PM IST

Aviva Investors opposes Vedanta Ltd takeover bid for Cairn India

Fund firm Aviva Investors said on Wednesday it opposed a $2.3 billion plan by Vedanta Ltd to buy out minority shareholders in Cairn India as the deal failed to deliver sufficient value.

Aug 05, 2015, 23:18 PM IST

Vedanta says its Cairn India buyout offer is fair

Mining and energy group Vedanta Limited said on Thursday its offer to buy out minority investors in Cairn India was fair, dismissing reports that opposition from some small shareholders, including former owner Cairn Energy , could scupper the deal.

Jul 23, 2015, 21:27 PM IST

Not getting fair value in Cairn-Vedanta merger: Shareholders

Minority shareholders of Cairn India Tuesday raised concern over the company not getting a "fair valuation" in the USD 2.3 billion all-share merger with parent Vedanta Ltd and use of its over Rs 24,000 crore of cash pile.

Jul 21, 2015, 22:12 PM IST

Vedanta looks to regain market share after Goa mining resumption

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 senior official said.

Jul 13, 2015, 10:04 AM IST

Vedanta hopeful of resuming iron ore mining in Goa by Oct

Billionaire Anil Agarwal-led mining firm Vedanta Ltd Saturday said it is hopeful of restarting iron ore mining in Goa from October.

Jul 11, 2015, 19:20 PM IST

Vedanta-Cairn merger to be good for both's shareholders: Anil Agarwal

Listing the positives of the proposed merger of Cairn India with his Vedanta Ltd, its chairman Naveen Agarwal said that the move would not only strengthen the company`s cash-flows but also allow Cairn India`s shareholders to get access to Vedanta`s well invested metals and mining assets which have low cost and long life.

Jul 11, 2015, 19:18 PM IST

Anil Agarwal meets Arun Jaitley; discusses Vedanta-Cairn merger

Keen to get LIC support for his debt-ridden miner Vedanta Ltd absorbing cash-rich Cairn India, billionaire Anil Agarwal Monday met Finance Minister Arun Jaitley to explain the merger that hinges on minority shareholder support.

Jun 15, 2015, 21:48 PM IST

Cairn India climbs 4%, post $2.3-bn Vedanta deal

Shares of Cairn India ended with nearly 4 percent gains Monday following the decision to merge the oil firm with private miner Vedanta Ltd in a USD 2.3-billion deal.

Jun 15, 2015, 18:08 PM IST

Cairn Energy, LIC hold key to Cairn-Vedanta merger

Edinburgh-based Cairn Energy plc and state-owned insurer LIC hold the key to billionaire Anil Agarwal's move to absorb his cash-rich oil firm Cairn India Ltd into debt-laden resources arm Vedanta Ltd.

Jun 15, 2015, 17:14 PM IST

'Frustrated' by Rs 20,495-crore tax demand on Cairn: Vedanta

With its subsidiary Cairn India facing Rs 20,495-crore tax notice, billionaire Anil Agarwal-led Vedanta Group Sunday said it is "frustrated" by the tax demand raised on it using retrospective legislation.

Jun 14, 2015, 18:21 PM IST