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Anil Agarwal to be Chairman Emeritus of Sesa Sterlite

Last Updated: Monday, March 31, 2014, 14:59

In a major overhaul of its Board, Vedanta group firm Sesa Sterlite on Monday said its Non-executive Chairman Anil Agarwal will now become Chairman Emeritus and play the role of Chief Mentor.

Anil Agarwal hikes stake by 4% in 4 mths in Vedanta

Last Updated: Sunday, March 23, 2014, 18:45

Vedanta Resources chairman and promoter Anil Agarwal has steadily consolidated his stake in the company by buying nearly 4 percent shares in past four months, taking his stake in the diversified metals and mining major to 69.51 percent.

Cairn Energy suspends share buyback due to tax dispute

Last Updated: Tuesday, March 18, 2014, 16:11

Cairn Energy had in October last year announced a USD 300 million programme to buy-back shares for cancellation.

Global firms need patience to invest in India: Anil Agarwal

Last Updated: Friday, March 07, 2014, 16:18

Vedanta group Chairman Anil Agarwal on Friday said the global business community needs to have patience while investing in India because the country is going through a transitional phase.

I-T Dept restrains Cairn Energy from selling India stake

Last Updated: Friday, January 24, 2014, 15:29

The Income Tax Department, which is probing Cairn Energy plc's transfer of India assets, has asked the UK-based company not to dispose of its 10.3 percent holding in Cairn India.

Bandh called by pro Vedanta group affects life in Lanjigarh

Last Updated: Friday, January 17, 2014, 15:21

Normal life was affected during a bandh observed at Lanjigarh in Odisha`s Kalahandi district on Friday demanding provision of bauxite mining facilities to Vedanta for smooth running of its alumina plant.

Vedanta looking for new CEO; extends M S Mehta's term till March

Last Updated: Tuesday, December 31, 2013, 15:53

London-listed Vedanta Resources is looking to appoint a new Chief Executive as the present incumbent M S Mehta has agreed to continue for only 3 months.

Sesa Sterlite shares down over 3% on CBI investigation

Last Updated: Tuesday, December 24, 2013, 13:50

Shares of Sesa Sterlite on Tuesday fell by over 3 percent after the CBI registered a preliminary enquiry against Vedanta Group Chairman Anil Agarwal and unknown officials in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL).

HZL disinvestment: CBI registers PE against Vedanta Chairman

Last Updated: Monday, December 23, 2013, 20:36

CBI has registered a preliminary enquiry against Vedanta Group Chairman Anil Agarwal in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL) during the period of NDA government.

Anil Agarwal regrets investing in aluminium project in Odisha

Last Updated: Friday, November 29, 2013, 15:48

His comments come in the backdrop of Vedanta's alumina refinery project at Lanjigarh in Odisha.

Cairn India unveils Rs 5,725 crore share buy-back programme

Last Updated: Tuesday, November 26, 2013, 20:57

Cairn India Tuesday said it will spend up to Rs 5,725 crore to buy back shares, a move which would help promoter Anil Agarwal-led Vedanta Group gain greater control over oil producer without putting any money.

Cairn India to spend $1 billion on buyback: Report

Last Updated: Monday, November 25, 2013, 09:36

Cairn India Ltd, oil and gas unit of London-listed Vedanta Resources, is set to spend about USD 1 billion to buy back shares, Bloomberg reported on Sunday citing two people familiar with the matter.