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Vedanta Resources News
Vedanta Resources chairman Anil Agarwal to take miner private on this date
Mon, Sep 03, 2018
Vedanta Resources Plc Chairman Anil Agarwal will take the London-listed miner private on Oct. 1, after the holders of 26 percent of shares agreed to sell to his family trust Volcan Investments.
Vedanta Chairman Anil Agarwal offers $1 billion to take miner private
Tue, Jul 31, 2018
Vedanta Resources Plc Chairman Anil Agarwal`s family trust on Tuesday offered about $1 billion in cash to take the London-listed miner private
Avatar' tribe poses second challenge to Vedanta after protests
Wed, Jun 13, 2018
After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery.
On NPAs' crisis, Vedanta chief Anil Agarwal says 'there will be no shortage of money for good work'
Mon, Apr 16, 2018
"I am an ordinary person, who has been laden with ample amount of money, that to in a foreign land. In recent past (on a Friday), I decided to bid for the Essar Steel but needed to have a commitment of Rs 35-40,000 crore in the bank. To try my luck, I just gave a phone call and Rs 60,000 crores was available in my account," said Anil Agarwal, the founder and Chairman of Vedanta Resources Plc.
Vedanta chief Anil Agarwal: Infrastructural reforms will help in creating jobs
Fri, Apr 13, 2018
Anil Agarwal, the founder and Chairman of Vedanta Resources Plc, said, "God helps those who help themselves. Problems are just a state of mind. I will just say that don't indulge yourself in any illegal work as it may bring a host of troubles on you. Besides, I would like to request youths that they should not hunt for a job but try to create the same. You will have to do some extraordinary work if you really want to succeed."
Vedanta's application to renew copper smelter operations in Tamil Nadu rejected
Tue, Apr 10, 2018
The rejection comes amid almost daily protests by the people of Thootukudi against Vedanta`s plans to increase the capacity of the smelter, one of India`s largest, to 800,000 tonnes per year. Vedanta said the application was rejected for want of more clarifications and that it was evaluating further course of action.
Hindustan Zinc special dividend credit positive for Vedanta Resources: Moody's
Sat, Mar 25, 2017
Once complete, Vedanta Ltd will have access to Cairn India's large cash balance of USD 3.6 billion and its future cash flow.
Vedanta to invest $10 billion on expanding business
Sun, Feb 19, 2017
"We have the potential to spend $10 billion over a period of five years; we are looking at 3,50,000 barrel of oil... To have 100,000 barrel equivalent to gas. We are looking to integrate 3 million tonnes capacity for the aluminium," the mining baron told PTI in a telephonic interview.
Vedanta says in talks with Indian government over clean coal
Fri, Feb 10, 2017
The companies have an interest in developing affordable clean coal not just because they mine the fuel but because global warming adds to the industry`s many challenges.
Vedanta Resources pays nearly Rs 13,306 crore in royalties, taxes to India in FY16
Mon, Oct 03, 2016
Mining giant Vedanta Resources has paid more than $2 billion (nearly Rs 13,305.5 crore) in taxes, royalties, licence fees and other payments to India in the last financial year ended March 2016.
Vedanta Resources aims to close merger with Cairn India in early 2017
Sat, Aug 06, 2016
The deal, which will give Vedanta access to oil and gas explorer Cairn India`s $3.5 billion cash pile, has faced opposition from some big minority shareholders, including British-based Cairn Energy, but Albanese said he did not foresee obstacles.
Watch top 5 stories of this night; From Vedanta's revision of merger terms with Cairn India to rail commuters to get Rs 10 lakh insurance at Re 1
Fri, Jul 22, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this night: 1. Vedanta revises terms for merger with Cairn India
Cairn Energy seeks nearly $6 billion compensation from Indian govt
Tue, Jul 12, 2016
British explorer Cairn Energy has sought $5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore on 10-year old internal reorganisation of its India unit.