Vedanta

HZL sees global zinc demand firming up 4-5% annually

The firm, in which billionaire Anil Agarwal-led Vedanta has a majority stake, added that closure of zinc mines across the world has led to a stronger price outlook for the metal in the medium term.

Jun 16, 2015, 15:02 PM IST

'Vedanta to be accountable for Cairn's $3.2 billion tax demand'

The I-T Department had in March imposed a tax demand of Rs 20,495 crore on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy.

Jun 15, 2015, 16:12 PM IST

Cairn India, Vedanta shares jump on $2.3 bn deal

Cairn India went up 3.54 percent to Rs 187.15 on BSE. Shares of Vedanta too climbed 2.82 percent to Rs 189.20 on BSE.

Jun 15, 2015, 12:52 PM IST

Cairn India, Vedanta Boards to meet on Sunday for merger talks

The Boards of Cairn India and Vedanta Ltd will separately meet Sunday to discuss on the proposed merger of the firms.

Jun 13, 2015, 18:40 PM IST

Cairn India, Vedanta boards to meet on Sunday amid merger speculation

On Friday, India`s oil minister, Dharmendra Pradhan, told Reuters he had met Cairn executives this week to discuss the potential merger and a source familiar with the matter had said the deal could be announced as early as Sunday.

Jun 13, 2015, 16:22 PM IST

Cairn CEO meets Pradhan ahead of merger with Vedanta

The boards of Cairn India Ltd and Vedanta Ltd are likely to meet on Sunday to consider a 'reverse' merger aimed at cutting debt on Vedanta books.

Jun 12, 2015, 18:19 PM IST

Cairn, Vedanta boards to meet on Sunday to consider merger

Separate meetings of the boards of Vedanta and Cairn are being called on June 14 in Mumbai to consider an all share merger, sources privy to the development said.

Jun 10, 2015, 18:44 PM IST

Cairn India recoups loss, jumps nearly 6%

Shares of Cairn India bounced back nearly 6 percent Wednesday, a day after it saw selling pressure in the wake of Vedanta merger reports.

Jun 10, 2015, 13:24 PM IST

Cairn India shares slip 4.5% on Vedanta merger buzz

Shares of Cairn India on Tuesday fell by 4.5 percent amid reports that the metals and mining giant Vedanta is considering merging the company with itself.

Jun 09, 2015, 18:29 PM IST

Cairn India slips nearly 6% on Vedanta merger buzz

The Cairn India stock fell 5.56 percent to Rs 170.60, its 52-week low, on BSE. On NSE, it was down 5.69 percent at Rs 170.55.

Jun 09, 2015, 13:20 PM IST

Vedanta unveils Young Achievers' Scholarship Programme

Students opting for Graduate courses in Medical or Engineering will be awarded an amount of Rs 30,000/- per year for 5 and 4 years respectively. Similarly, students opting for Bachelor's Degree in Science will be awarded Rs 20,000/- per year for three years.

Jun 05, 2015, 13:42 PM IST

Vedanta India to acquire up to 5.33% stake in Cairn India

Vedanta India will acquire up to 5.33 per cent stake, worth over Rs 2,200 crore, in its group concern Cairn India next week.

May 28, 2015, 12:35 PM IST

Vedanta says will work to lift cap on India iron ore output

A mining ban that had been in place in Goa since September 2012 was lifted last year, but the resumption of operations was delayed while the government gave environmental clearance.

May 27, 2015, 15:05 PM IST

Vedanta appoints Ajay Dixit as CEO Power

Vedanta has appointed Ajay Dixit as Chief Executive Officer, Power, effective May 11, 2015.

May 13, 2015, 18:51 PM IST

Vedanta Wake Up plans 100 hotels, eyes Rs 50 cr in VC funding

Blanket Hospitality Ventures is planning to have 100 properties under its backpacking hostels brand, Vedanta Wake Up, in the next three years across India.

Apr 30, 2015, 10:37 AM IST

Vedanta eyeing minority stake in Electrosteel Steels

"There has been initial talks in this matter between Vedanta and Electorsteel, however nothing is finalised yet," a person privy to the matter said.

Apr 26, 2015, 10:49 AM IST

Cairn India takes authorities to court over $3.3 billion tax demand

Cairn India Ltd, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a USD 3.3 billion tax demand from Indian authorities related to its listing in 2007.

Apr 07, 2015, 10:29 AM IST