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Vedanta Ltd raises Rs 2,000-cr from SBI through NCDs

Last Updated: Monday, August 24, 2015, 18:58

Mining Conglomerate Vedanta Ltd has raised Rs 2,000 crore from country's largest lender State Bank of India through issuance of Non-Convertible Debentures (NCDs).

More mining cos gear up to begin iron ore extraction in Goa

Last Updated: Sunday, August 23, 2015, 19:17

Following Vedanta, three more mining companies have expressed their intent to resume iron ore extraction activity in the state, a mining exporters' body in Goa has said.

Sesa Goa announces resumption of mining operations

Last Updated: Monday, August 10, 2015, 13:59

Sesa Goa, a subsidiary of Vedanta Monday announced resumption of its mining operations in the state, after a gap of three years.

Profits will dip as mining cake has shrunk: Vedanta official

Last Updated: Monday, August 10, 2015, 13:56

As Vedanta Ltd, formerly known as Sesa Sterlite, gets down to resuming mining operations in Goa after three years, the company's iron ore business CEO Kishore Kumar said the mining cake has shrunk.

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.

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.

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.

Vedanta looks to regain market share after Goa mining resumption

Last Updated: Monday, July 13, 2015, 10:04

Vedanta Limited, which has managed to retain 80 per cent of its earlier mining capacity in Goa after state government's renewal of the leases, is now looking to regain the lost market share, a senior official said.

Vedanta hopeful of resuming iron ore mining in Goa by Oct

Last Updated: Saturday, July 11, 2015, 19:20

Billionaire Anil Agarwal-led mining firm Vedanta Ltd Saturday said it is hopeful of restarting iron ore mining in Goa from October.

Vedanta-Cairn merger to be good for both's shareholders: Anil Agarwal

Last Updated: Saturday, July 11, 2015, 19:18

Listing the positives of the proposed merger of Cairn India with his Vedanta Ltd, its chairman Naveen Agarwal said that the move would not only strengthen the company`s cash-flows but also allow Cairn India`s shareholders to get access to Vedanta`s well invested metals and mining assets which have low cost and long life.

Anil Agarwal meets Arun Jaitley; discusses Vedanta-Cairn merger

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.

Cairn India climbs 4%, post $2.3-bn Vedanta deal

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.