Vedanta shareholders okay Cairn India share buyback

Last Updated: Monday, January 13, 2014, 19:49

Mining conglomerate Vedanta Resources Plc said it received 99.89 percentage of votes in favour of a proposed share buyback worth up to 57.25 billion rupees by its oil and gas unit Cairn India Ltd.

India needs global confidence towards policies: Vedanta chief

Last Updated: Thursday, January 9, 2014, 18:49

India needs a transparent and simplified economic structure in order to garner a strong global confidence towards its policies, Metal and mining conglomerate Vedanta Resources chief Anil Agarwal has said.

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.

Paralysis in ore mining renders 1,00,000 jobless: Vedanta

Last Updated: Wednesday, December 11, 2013, 21:56

Ban on iron ore mining in Goa and Karnataka is not only hurting the economy but has rendered as many as one lakh people jobless, Vedanta Resources chief Anil Agarwal said Wednesday.

Vedanta first-half core earnings, revenue fall

Last Updated: Friday, November 15, 2013, 13:55

Mining and oil and gas conglomerate Vedanta Resources Plc reported a fall in core earnings and revenue for the first half of the year dragged by weak metal and oil prices.

Divesting 51% in PSUs can change face of India: Vedanta Chief

Last Updated: Tuesday, November 5, 2013, 19:38

Pitching for 51 percent stake sale in PSUs, metal and mining conglomerate Vedanta Resources chief Anil Agarwal has said this can change the face of modern India by creating more jobs and bringing in prosperity.

Tom Albanese to join Vedanta Resources board soon: Agarwal

Last Updated: Monday, November 4, 2013, 18:49

London-listed Vedanta Resources intends to appoint Tom Albanese, former Chief Executive of natural resources giant Rio Tinto, on its board soon.

Vedanta gets shareholders' nod to raise offers for HZL, Balco

Last Updated: Wednesday, October 30, 2013, 22:49

Shareholders of mining conglomerate Vedanta Resources on Wednesday approved proposals to empower the company to raise offers for acquiring remaining government stake in Hindustan Zinc and Balco by up to 43 percent or up to Rs 24,663 crore.

Govt wasting time on finalising HZL stake sale: Vedanta

Last Updated: Thursday, October 24, 2013, 21:42

Mining conglomerate Vedanta Resources Thursday said the government is "unnecessarily spending so much time" on taking a final call on selling its remaining stake in Hindustan Zinc and it needs to take a decision at the earliest on the issue.

Not to buy Cairn Energy's stake in India arm as of now: Vedanta

Last Updated: Thursday, October 24, 2013, 21:38

Vedanta Resources Thursday said it does not intend to acquire Cairn Energy's over 10 percent stake in Cairn India immediately, but will look at it sometime in the future.

Vedanta Aluminium aims to triple capacity

Last Updated: Monday, October 21, 2013, 13:42

Vedanta Aluminium will triple its capacity by 2015 to 2.3 million tonnes to cater for an expected surge in demand in India, its managing director said, even though its inability to source enough alumina at home has forced it to import the raw material.

Vedanta moves PMG for Lanjigarh refinery expansion

Last Updated: Sunday, October 20, 2013, 15:43

Mining conglomerate Vedanta Group has approached Prime Minister's Project Monitoring Group, which was established to fast track stalled large investment projects, seeking environment clearance for expansion of its Lanjigarh alumina refinery in Odisha to 6 million tonnes.