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Vedanta Aluminium

08 Mar 2024

Vedanta Aluminium COO Sunil Gupta Named Vice-Chairman Of CII Odisha Council

Vedanta Aluminium has recenlty also announced that it is on track to achieving a ratio of 30% women employees on its rolls by the end of FY25.

Vedanta Limited

28 Mar 2023

Vedanta Board Approves Rs 7,621 Crore Interim Dividend For FY23

The board also accepted the resignation of Ajay Goel from the post of Acting Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).

Vedanta Limited

22 Nov 2022

Vedanta announces 1750% dividend; Check record date, other details

Vedanta Limited has announced the third interim dividend of the year for its shareholders. Billionaire Anil Agarwal-led mining giant said its board of directors finalised the dividend at November 22 meeting. Vedanta will pay a 1750 per cent dividend to its shareholder on a face value of Re 1 each.

27 Oct 2015

Forced to take tough calls to protect biz: Albanese on job cuts

Metals and mining conglomerate Vedanta Group was forced to take recourse to "tough" measures like job cuts to protect its businesses in difficult market conditions, a top company official has said.

15 Sep 2015

Vedanta-Cairn India merger gets BSE, NSE approval

In June, India's largest private miner Vedanta Ltd had announced it will absorb oil firm Cairn India in a USD 2.3 billion all-share deal to create the country's largest diversified natural resources firm.

15 Sep 2015

Vedanta on major cost cutting drive at Goa iron ore business

Mining conglomerate Vedanta has started a major cost cutting drive at its iron ore business in Goa amid subdued market sentiments and depressed prices of the commodity in global markets.

Vedanta Limited

24 Aug 2015

Vedanta Ltd raises Rs 2,000-cr from SBI through NCDs

Mining Conglomerate Vedanta Ltd has raised Rs 2,000 crore from country's largest lender State Bank of India through issuance of Non-Convertible Debentures (NCDs).

23 Aug 2015

More mining cos gear up to begin iron ore extraction in Goa

Following Vedanta, three more mining companies have expressed their intent to resume iron ore extraction activity in the state, a mining exporters' body in Goa has said.

10 Aug 2015

Sesa Goa announces resumption of mining operations

Sesa Goa, a subsidiary of Vedanta Monday announced resumption of its mining operations in the state, after a gap of three years.

Vedanta Limited

10 Aug 2015

Profits will dip as mining cake has shrunk: Vedanta official

As Vedanta Ltd, formerly known as Sesa Sterlite, gets down to resuming mining operations in Goa after three years, the company's iron ore business CEO Kishore Kumar said the mining cake has shrunk.

05 Aug 2015

Aviva Investors opposes Vedanta Ltd takeover bid for Cairn India

Fund firm Aviva Investors said on Wednesday it opposed a $2.3 billion plan by Vedanta Ltd to buy out minority shareholders in Cairn India as the deal failed to deliver sufficient value.

Vedanta Limited

23 Jul 2015

Vedanta says its Cairn India buyout offer is fair

Mining and energy group Vedanta Limited said on Thursday its offer to buy out minority investors in Cairn India was fair, dismissing reports that opposition from some small shareholders, including former owner Cairn Energy , could scupper the deal.

21 Jul 2015

Not getting fair value in Cairn-Vedanta merger: Shareholders

Minority shareholders of Cairn India Tuesday raised concern over the company not getting a "fair valuation" in the USD 2.3 billion all-share merger with parent Vedanta Ltd and use of its over Rs 24,000 crore of cash pile.

13 Jul 2015

Vedanta looks to regain market share after Goa mining resumption

Vedanta Limited, which has managed to retain 80 per cent of its earlier mining capacity in Goa after state government's renewal of the leases, is now looking to regain the lost market share, a senior official said.

Vedanta Limited

11 Jul 2015

Vedanta hopeful of resuming iron ore mining in Goa by Oct

Billionaire Anil Agarwal-led mining firm Vedanta Ltd Saturday said it is hopeful of restarting iron ore mining in Goa from October.

Vedanta Limited

11 Jul 2015

Vedanta-Cairn merger to be good for both's shareholders: Anil Agarwal

Listing the positives of the proposed merger of Cairn India with his Vedanta Ltd, its chairman Naveen Agarwal said that the move would not only strengthen the company`s cash-flows but also allow Cairn India`s shareholders to get access to Vedanta`s well invested metals and mining assets which have low cost and long life.

15 Jun 2015

Anil Agarwal meets Arun Jaitley; discusses Vedanta-Cairn merger

Keen to get LIC support for his debt-ridden miner Vedanta Ltd absorbing cash-rich Cairn India, billionaire Anil Agarwal Monday met Finance Minister Arun Jaitley to explain the merger that hinges on minority shareholder support.

15 Jun 2015

Cairn India climbs 4%, post $2.3-bn Vedanta deal

Shares of Cairn India ended with nearly 4 percent gains Monday following the decision to merge the oil firm with private miner Vedanta Ltd in a USD 2.3-billion deal.

15 Jun 2015

Cairn Energy, LIC hold key to Cairn-Vedanta merger

Edinburgh-based Cairn Energy plc and state-owned insurer LIC hold the key to billionaire Anil Agarwal's move to absorb his cash-rich oil firm Cairn India Ltd into debt-laden resources arm Vedanta Ltd.

14 Jun 2015

'Frustrated' by Rs 20,495-crore tax demand on Cairn: Vedanta

With its subsidiary Cairn India facing Rs 20,495-crore tax notice, billionaire Anil Agarwal-led Vedanta Group Sunday said it is "frustrated" by the tax demand raised on it using retrospective legislation.

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