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Vedanta's oil, zinc output up in FY14; iron ore, copper down

Last Updated: Thursday, April 10, 2014, 15:40

Output of refined zinc rose 11 percent to 7.49 lakh tonnes, while mined metal zinc content rose 1 percent.

I-T Dept slaps two more notices on Cairn Energy

Last Updated: Thursday, April 03, 2014, 16:10

Cairn faces a potential tax demand on an alleged Rs 24,500 crore of capital gains it made when in 2006-07 it transfered all its India assets to a new company, Cairn India.

Moody's upgrades outlook on Vedanta to stable

Last Updated: Wednesday, April 02, 2014, 21:53

Moody's said Vedanta's rating outlook has been carrying a 'negative bias' since August 2010.

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.

Vedanta cuts political donations in India by half

Last Updated: Sunday, March 30, 2014, 13:31

Donations by mining conglomerate Vedanta Resources to Indian political parties were cut by half to USD 0.97 million (over Rs 5 crore) in 2012-13.

AAP welcomes HC order on donations to BJP, Congress from Vedanta

Last Updated: Friday, March 28, 2014, 20:58

AAP hailed the order of the Delhi High Court directing the authorities to take action against Congress and BJP for receiving donations from United Kingdom-based Vedanta Resources` subsidiaries on the ground that it violates laws.

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.

IT Dept surveys Sesa Sterlite offices on tax refund claims

Last Updated: Friday, March 21, 2014, 21:13

The Income Tax Department on Friday conducted 'survey' at different offices of Sesa Sterlite, the main operating company of London-listed Vedanta Resources, in connection with about Rs 1,500 crore tax refund claimed by the company.

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.

Sesa Sterlite's copper smelter to be shut for 22 days: Sources

Last Updated: Tuesday, March 18, 2014, 16:00

Sesa Sterlite, a unit of billionaire Anil Agarwal-controlled Vedanta Resources Plc , produces 30,000 tonnes of refined copper per month and exports half of that to China.

Sesa Sterlite plans layoffs

Last Updated: Tuesday, March 11, 2014, 22:35

However, it was not immediately clear when the move will be enacted or and how many employees will be laid off.

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.