Vedanta slaps Notice of Claims on Government
Billionaire Anil Agarwal-led group said it will take "all necessary steps" to protect interest against the tax notice on Cairn India.
Mar 27, 2015, 21:22 PM ISTCairn India gets $3.3 billion tax demand days after ex-parent contests own bill
Cairn India Ltd, a unit of London-listed Vedanta Group Plc, said it received a demand of about 204 billion rupees ($3.26 billion) from the Indian tax office on Friday in relation to the 2007 listing of the company.
Mar 13, 2015, 15:58 PM ISTOdisha to scrap deals with Rio Tinto, Sesa Sterlite, Hindalco
The Odisha government has decided to scrap joint venture agreements with global major Rio Tinto, Vedanta Group firm Sesa Sterlite and Aditya Birla Group-owned Hindalco Industries, an official said Wednesday.
Feb 25, 2015, 14:23 PM ISTSesa Sterlite shares up 3% as Balco bags 2 coal mines
Shares of Sesa Sterlite went up by almost 3 percent after the company's subsidiary Bharat Aluminium Company (Balco) bagged one more coal block and total two mines in the first tranche of auction.
Feb 23, 2015, 13:59 PM ISTVedanta bid for 14 blocks; Birla, Adani also in fray
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
Feb 04, 2015, 18:21 PM ISTBALCO gets nod for 1,200 MW power plant in Chhattisgarh
BALCO is a subsidiary of Vedanta group's Sesa Sterlite.
Jan 16, 2015, 17:52 PM ISTVedanta explores merging Cairn, Hindustan Zinc: Anil Agarwal
Mining baron Anil Agarwal is mulling merging cash-cows Cairn India and Hindustan Zinc into his flagship Vedanta Group firm to create a global natural resources giant to rival Rio Tinto or BHP Billiton.
Jan 11, 2015, 15:40 PM ISTVedanta 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 ISTVedanta 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 ISTVedanta first-quarter core earnings rise marginally
Diversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in its zinc and Zambian copper businesses.
Jul 30, 2014, 12:18 PM ISTCairn India gives surprise $1.25 bn loan to Vedanta; stock tanks
After using its cash to help new promoter raise stake in the company, Cairn India has loaned out USD 1.25 billion to Vedanta Group, leading to its stock dropping by the most in five years.
Jul 24, 2014, 18:13 PM ISTHindustan Zinc Q1 profit dips 3 pc to Rs 1,618 cr
Vedanta Group company Hindustan Zinc Ltd (HZL) today reported nearly 3 percent dip in net profit at Rs 1,618 crore for the first quarter ended June 30 on the back of lower volumes and increased expenses.
Jul 21, 2014, 19:33 PM ISTPIL filed in SC for scrapping HZL-Vedanta deal of 2002
Twelve years after the government sold its stake in Hindustan Zinc Ltd (HZL) to Vedanta group during the previous NDA rule, a PIL has been filed Wednesday in the Supreme Court seeking quashing of the deal.
Jun 18, 2014, 18:06 PM IST