Last Updated: Tuesday, June 30, 2015, 19:07
Prime Minister Narendra Modi's 'Digital India' drive will attract foreign direct investment in the country and generate jobs, Vedanta Group Chairman Anil Agarwal said on Tuesday.
Last Updated: Sunday, June 28, 2015, 11:28
The government has rejected Cairn Energy UK's plea for an arbitration over Rs 10,247-crore tax dispute saying taxation is not covered under the UK-India Investment Promotion and Protection Treaty.
Last Updated: Wednesday, June 24, 2015, 21:44
The Vedanta Foundation, the philanthropic arm of metal and mining major Vedanta, will revamp 4,000 anganwadi centres across India by equipping them with TVs, solar panels and toilets.
Last Updated: Tuesday, June 16, 2015, 22:35
LIC owns 9.06 percent in Cairn India, second only to 9.82 percent of UK's Cairn Energy plc. LIC also has a minority 1.77 percent holding in Vedanta. The merger needs approval of at least half of the minority shareholders.
Last Updated: Tuesday, June 16, 2015, 20:58
Notwithstanding the criticism of minority shareholders of Cairn India getting a raw deal, billionaire Anil Agarwal Tuesday ruled out his debt-ridden mining firm Vedanta Ltd raising the offer to absorb the cash rich oil firm.
Last Updated: Tuesday, June 16, 2015, 17:50
The Income Tax Department will defend the Rs 20,495-crore tax claim it has made on Cairn India even after the company is merged with its parent Vedanta Ltd.
Last Updated: Tuesday, June 16, 2015, 15:02
The firm, in which billionaire Anil Agarwal-led Vedanta has a majority stake, added that closure of zinc mines across the world has led to a stronger price outlook for the metal in the medium term.
Last Updated: Monday, June 15, 2015, 22:22
The proposed merger of two Vedanta Resources firms, Cairn India with Vedanta Ltd, will improve the financial performance of the group company, global agency Standard & Poor's (S&P) said.
Last Updated: Monday, June 15, 2015, 21:48
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.
Last Updated: Monday, June 15, 2015, 18:08
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.
Last Updated: Monday, June 15, 2015, 17:14
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.
Last Updated: Monday, June 15, 2015, 16:12
The I-T Department had in March imposed a tax demand of Rs 20,495 crore on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter, Cairn Energy.
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