Vedanta revamps top deck; appoints Samir Cairae as India metals business CEO
Cairae, who previously worked with cement maker Lafarge and oil driller Schlumberger, will report to Vedanta Resources Group CEO Tom Albanese, the firm led by NRI billionaire Anil Agarwal said in a statement.
Jan 06, 2016, 18:58 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
Hindalco, Vedanta edge lower on Sensex exit from December 21
Hindalco's scrip dipped 4 percent to Rs 74.20 on BSE and Vedanta fell by 3 percent to Rs 90.35.
Nov 23, 2015, 13:32 PM IST
Vedanta, Hindalco to exit Sensex on December 21
These stocks would be replaced by Adani Ports and Special Economic Zone and Asian Paints Ltd.
Nov 20, 2015, 18:02 PM IST
Private investment in July-Sept quarter Rs 2.25 lakh crore; highest quarterly rise since 2011
Could it be signaling economic recovery? Data shows that private companies' investment rose 54% year on year, in the July to September period, the highest in any quarter since 2011.
Oct 23, 2015, 09:35 AM IST
Vedanta lines up over Rs 20,500 cr for Rajasthan business
Mining conglomerate Vedanta has set aside more than Rs 20,500 crore towards investment in oil and gas and zinc business in Rajasthan over the next three years.
Oct 16, 2015, 17:02 PM IST
Balco begins process to shut rolling biz; to cut 1,000 jobs
Balco, part of Anil Agarwal-led Vedanta Ltd, on Monday said it has started the procedure to shut down its aluminium rolling business in Chhattisgarh - a move that will see 1,000 people losing jobs.
Sep 14, 2015, 15:12 PM IST
Vedanta's Goa mine may restart iron ore export to China
Representatives of steel manufacturing mills from China's Jiangsu province and Tangshan area are currently in Goa to have discussions with officials of Vedanta's subsidiary, Sesa Iron ore.
Aug 18, 2015, 12:53 PM IST
Vedanta to issue Rs 2,000-cr NCDs to refinance debt
The issuance of NCDs is part of the overall debt refinancing of the company to substitute short-term liabilities and/or to retire higher cost debt, the filing added.
Aug 17, 2015, 15:30 PM IST
Vedanta resumes iron ore mining in Goa, pegs rate below $45/tn
The Anil Agarwal-led company today said it has received all approvals to restart mining at its Codli and Bicholim mines in Goa while announcing the reopening of Codli mine.
Aug 10, 2015, 21:01 PM IST
Vedanta to restart iron ore mining operations in Goa
Anil Agarwal-led mining firm Vedanta on Monday said it has received necessary government approvals and will resume operations from today at its biggest iron ore mine at Codli in Sanguem taluka in Goa.
Aug 10, 2015, 11:48 AM IST
Vedanta to start iron ore mining operations in Goa next week
Mining conglomerate Vedanta Ltd is likely to start iron ore mining operations at the Codli mines in Goa on August 10.
Aug 06, 2015, 18:13 PM IST
Aviva opposes Cairn India's merger with Vedanta
Opposing Vedanta's all-share merger deal, Aviva said there was "a risk of the Vedanta Group misallocating capital" of oil producer Cairn India to pay off its huge debt.
Aug 06, 2015, 14:25 PM IST
May take some difficult decisions: Vedanta on aluminium biz
Terming the market situation for domestic aluminium producers as "very challenging", Vedanta on Wednesday said the firm might be forced to take "some difficult decisions" on jobs to cut costs.
Jul 29, 2015, 20:34 PM IST
Cairn India says merger with parent Vedanta is on track
Shareholders in Cairn India, the country`s largest private sector crude oil producer, are to get one share in mining giant Vedanta and one redeemable preference share under a $2.3 billion deal to buy out minorities announced in June.
Jul 21, 2015, 15:03 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 confident of closing Cairn merger by March
Billionaire Anil Agarwal-led mining firm Vedanta is confident of closing the merger deal with Cairn India by March 2016, a top executive said on Sunday.
Jul 12, 2015, 17:07 PM IST
Anil Agarwal's bonus up 28% to Rs 8.85 cr in FY15
Vedanta in its annual report to shareholders, ahead of its annual general meeting (AGM) on August 3 in London, said the base compensation for Agarwal will remain unchanged at 1.608 million pounds.
Jul 05, 2015, 12:29 PM IST
Digital India huge opportunity for health, education: Anil Agarwal
Agarwal, who heads the mining giant Vedanta Resources Plc, is the Non-Executive Chairman of Sterlite Technologies Ltd (STL) which is involved majorly in laying the optical fibre network to connect 2.5 lakh gram panchyats.
Jul 01, 2015, 16:16 PM IST
'Digital India' to attract FDI, create jobs: Anil Agarwal
Prime Minister Narendra Modi's 'Digital India' drive will attract foreign direct investment in the country and generate jobs, Vedanta Group Chairman Anil Agarwal said on Tuesday.
Jun 30, 2015, 19:07 PM IST
