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Cairn India to merge into Vedanta in $2.3 bn all-share deal

Last Updated: Sunday, June 14, 2015, 14:38

In its biggest consolidation, billionaire Anil Agarwal's group Sunday announced merger of its cash-rich oil company Cairn India with parent Vedanta to cut debt at the struggling resources arm.

Vedanta acquires 4.98% stake in Cairn India for $ 315 mn

Last Updated: Wednesday, June 3, 2015, 23:30

Vedanta Ltd, formerly Sesa Sterlite, has acquired 4.98 percent stake in Cairn India for USD 315 million from a wholly-owned subsidiary Twinstar Mauritius Holdings (TSMHL).

Vedanta reports net loss of Rs 19,228.12 cr in Q4

Last Updated: Wednesday, April 29, 2015, 22:05

Vedanta Ltd Wednesday reported a consolidated net loss of Rs 19,228.12 crore in the quarter ended March 31 due to impairment charge relating largely to Cairn India acquisition goodwill.

Sesa Sterlite renamed as Vedanta Ltd

Last Updated: Wednesday, April 22, 2015, 14:44

Metals and mining conglomerate Sesa Sterlite today said it has changed its name to Vedanta Ltd to better align with its international identity - Vedanta Resources.

Sesa Sterlite may be renamed Vedanta Ltd

Last Updated: Friday, February 20, 2015, 18:00

Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd.