Vedanta-Foxconn to set up downstream in Maharashtra, bigger than Gujarat: Anil Agarwal
A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a Memorandum of Understanding with the Gujarat government earlier to set up a semiconductor and display manufacturing unit in the state.
Nov 13, 2022, 11:02 AM IST
Agarwal makes firm offer to delist Vedanta from London Stock Exchange
In addition, the shareholders will be entitled to receive the dividend of USD 0.41 per share in respect of the 12 months ended March 31, 2018.
Jul 31, 2018, 16:49 PM IST
Committed to environment, welfare of people in Tuticorin: Vedanta Chairman
Vedanta has often been accused of making a mockery of environmental laws. The latest fire that Anil Agarwal is attempting to fight is raging in Tamil Nadu's Tuticorin district.
May 25, 2018, 07:10 AM IST
Deadly protests land a blow to Indian resources magnate Agarwal's ambitions
Agarwal, who holds a 71.4 percent stake in Vedanta, told the Financial Times in an interview published on Wednesday that he plans to step back from running the company.
May 24, 2018, 14:45 PM IST
Vedanta hit by up to $600 million charge for Goa iron ore unit closure
The latest ban would affect not only Vedanta but also several small unlisted companies run by local families.
Mar 29, 2018, 23:37 PM IST
ArcelorMittal, Russia's VTB Group bid for Essar Steel
Founded by Shashi and Ravi Ruia, Essar Steel was referred to the National Company Law Tribunal last year after accumulating nearly Rs 50,000 crore in debts.
Feb 13, 2018, 07:57 AM IST
Vedanta to invest Rs 50,000 crore on India biz expansion: Agarwal
He further said that this decade will belong to India and it is the best time to invest here.
Sep 01, 2017, 20:21 PM IST
Vedanta chairman wants govt to lessen approvals for businesses
The government needs to improve business climate further, encourage self certification and trust entrepreneurs for promoting new businesses, NRI billionaire Anil Agarwal said on Thursday.
Aug 31, 2017, 15:48 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
Vedanta Resources mops up $1 bn in bond sale at 6.375% coupon
London-based energy major Vedanta Resources, which owns a clutch of operating companies in the country today raised USD 1 billion through an 5-year bond sale to overseas investors at a fixed coupon of 6.375 percent.
Jan 25, 2017, 16:12 PM IST
Vedanta Resources slapped with $100 million settlement in UK court
Indian mining giant Vedanta Resources has been ordered by London High Court to pay over USD 100 million to a Zambian investment company related to a 2013 copper price agreement, the state-owned firm claimed today.
Dec 20, 2016, 22:04 PM IST
Retrospective tax demand: Govt seeks putting Cairn arbitration on hold
Government has sought putting on hold the arbitration initiated by British oil explorer Cairn Energy against a Rs 29,047 crore retrospective tax demand and instead wants a parallel arbitration initiated by Vedanta Resources to be taken up first.
Oct 19, 2016, 12:31 PM IST
Vedanta pays over Rs 13,300 crore in royalties, taxes to India in FY16
Mining giant Vedanta Resources has paid more than USD 2 billion (over Rs 13,300 crore) in taxes, royalties, licence fees and other payments to India in the last financial year ended March 2016.
Oct 02, 2016, 14:31 PM IST
Tasmania offers incentives to Vedanta to resume copper mining
Mumbai: Tasmania has offered a financial package of 25 million Australian dollar (ASD) to Vedanta Resources for restarting a copper mine by 2017, the Australian state's premier, Will Hodgman said.
Sep 06, 2016, 18:48 PM IST
Vedanta Resources shareholders approve Cairn India merger
Mining conglomerate Vedanta Resources Tuesday said its shareholders have approved the merger of group firms Vedanta Ltd and Cairn India.
Sep 06, 2016, 18:34 PM IST
Vedanta sweetens Cairn merger deal, offers 3 additional preference shares
Unable to quickly absorb its cash-rich oil subsidiary Cairn India, mining billionaire Anil Agarwal's Vedanta Ltd on Friday sweetened the merger deal by offering three additional preference shares.
Jul 22, 2016, 19:22 PM IST
Vedanta Resources loss narrows to $3.5 billion in FY16
The mining giant led by billionaire Anil Agrawal had posted net loss of USD 3.8 billion in 2014-15, it said in a regulatory filing.
May 12, 2016, 14:41 PM IST
Vedanta Resources to buy-back bonds worth up to $349 million
Mining conglomerate Vedanta Resources today said it will buy-back bonds worth USD 348.6 million (about Rs 2,314 crore).
Apr 01, 2016, 18:23 PM IST
India's aluminium consumption to rise to 20 million tonnes: Anil Agarwal
Describing aluminium as the future, Vedanta Resources Chairman Anil Agarwal today said the consumption of the metal will rise to 20 million tonnes (MT) from the present 2 MT going ahead.
Mar 26, 2016, 17:09 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
