Vedanta to start iron ore mining operations in Goa next week

Last Updated: Thursday, August 6, 2015, 18:13

Mining conglomerate Vedanta Ltd is likely to start iron ore mining operations at the Codli mines in Goa on August 10.

Aviva opposes Cairn India's merger with Vedanta

Last Updated: Thursday, August 6, 2015, 14:25

Opposing Vedanta's all-share merger deal, Aviva said there was "a risk of the Vedanta Group misallocating capital" of oil producer Cairn India to pay off its huge debt.

Aviva Investors opposes Vedanta Ltd takeover bid for Cairn India

Last Updated: Wednesday, August 5, 2015, 23:18

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.

No decision yet on Cairn-Vedanta deal: United India Insurance

Last Updated: Tuesday, August 4, 2015, 22:55

Public sector player United India Insurance Company Ltd (UIICL), one of the shareholders in Cairn India, Tuesday said it has not taken any stand on the merger issue of Vedanta and Cairn India Ltd.

Vedanta Resources Q1 operating profit falls 38% to $644.6 mn

Last Updated: Friday, July 31, 2015, 20:34

Vedanta Resources on Friday reported 38 percent decline in operating profit to USD 644.6 million (about Rs 4,135 crore) for the quarter ended June 2015 as the mining conglomerate faced a volatile commodity market that impacted metal prices.

Vedanta Aluminium plans restructuring; stops ramp ups at plant

Last Updated: Friday, July 31, 2015, 17:57

Mining conglomerate Vedanta Resources on Friday said it is planning to restructure high-cost operations in aluminium segment and has suspended ramp-up at its plant due to volatile commodity market.

Shareholders may vote on merger with Cairn by Dec: Vedanta CEO

Last Updated: Wednesday, July 29, 2015, 22:14

Mining baron Anil Agarwal-led Vedanta Ltd expects to seek shareholders' approval for the proposed merger of the mining arm with Cairn India by December this year.

May take some difficult decisions: Vedanta on aluminium biz

Last Updated: Wednesday, July 29, 2015, 20:34

Terming the market situation for domestic aluminium producers as "very challenging", Vedanta on Wednesday said the firm might be forced to take "some difficult decisions" on jobs to cut costs.

Vedanta Q1 net melts 35% on challenging market conditions

Last Updated: Wednesday, July 29, 2015, 16:29

Billionaire Anil Agarwal-led mining conglomerate had reported a net profit of Rs 1,341.23 crore during the first quarter of 2014-15.

Cairn India merger not for refinancing debts: Vedanta CEO

Last Updated: Friday, July 24, 2015, 13:54

Mining baron Anil Agarwal-run Vedanta Ltd today said its merger with cash-rich Cairn India is not for refinancing its Rs 77,752 crore gross debt, but to simplify the group's business structure.

Vedanta says its Cairn India buyout offer is fair

Last Updated: Thursday, July 23, 2015, 21:27

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.

Cairn India shares gain over 6% on bourses

Last Updated: Thursday, July 23, 2015, 21:25

Shares of Cairn India Thursday gained over 6 percent amid reports that its erstwhile parent firm Cairn Energy may vote against the merger of the company with Vedanta.