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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.

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.

Not getting fair value in Cairn-Vedanta merger: Shareholders

Last Updated: Tuesday, July 21, 2015, 22:12

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.

Imports, falling aluminium prices may lead to job cuts: Vedanta

Last Updated: Tuesday, July 21, 2015, 21:55

Hit by cheap imports and falling prices of aluminium in the global market, domestic industry will be forced to take "drastic steps" like job cuts and production cap, Vedanta Aluminium said Tuesday.

Cairn India Q1 net falls 24% as oil prices hit a soft patch

Last Updated: Tuesday, July 21, 2015, 21:49

Cairn India, the operator of nation's biggest onshore oilfield, Tuesday reported a 24 percent drop in its June quarter net profit due to a slide in international oil prices.

Hind Zinc Q1 Net up 19% to Rs1921 cr; mineral production up 42%

Last Updated: Monday, July 20, 2015, 19:51

Vedanta Group firm Hindustan Zinc Ltd (HZL) Monday reported a 19 percent growth in its net profit at Rs 1,921 crore for the first quarter ended June 30, 2015, helped by higher volume and rupee depreciation.

'Digital India' to attract FDI, create jobs: Anil Agarwal

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.

Vedanta readies Rs 400-cr funding facelift for anganwadis

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.

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

Last Updated: Sunday, June 14, 2015, 18:21

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.

Cairn India recoups loss, shares end 7% up

Last Updated: Wednesday, June 10, 2015, 18:31

Shares of Cairn India bounced back 7 percent Wednesday, a day after it saw selling pressure in the wake of Vedanta merger reports.

Vedanta to refinance loans worth $1.6 bn in Indian markets

Last Updated: Sunday, May 17, 2015, 14:46

Minerals and mining major Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD 1.6 billion (about Rs 10,200 crore) with long-term options in this fiscal ending March 2016.

Vedanta ropes in Anuradha Dutt as addl independent director

Last Updated: Tuesday, April 28, 2015, 17:50

Vedanta on Tuesday appointed prominent lawyer Anuradha Dutt an additional independent director to its board.