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Nagaland has many natural resources, which are yet to be explored and lying underground, state minister Neiba Kronu said, inviting corporates to invest in the state. Addressing the closing session of the Corporate Social Responsibility (CSR) and Investment Conclave on Tuesday night, Kronu said Nagaland has fertile soil and can grow everything. "There is huge scope as all the resources in the state, including mineral resources, petroleum and gold, are unexplored. All these resources are unexplored and lying underground," he said. "Nagaland has a fertile soil and everything can grow here, while the produce has a different taste from other parts of the country," he added. Kronu, the minister for Planning and Coordination, Land Revenue and Parliamentary Affairs, also thanked the corporates for coming forward for the development of the state. "We will expect your visit again. As you go back, share the good things about the state to others, and leave the bad here and forget it," he ...
Vedanta Ltd on Friday reported a multifold jump in consolidated net profit to Rs 4,615 crore for the quarter ended September 30, 2021. The company had posted a consolidated net profit of Rs 838 crore in the year-ago period, Vedanta Ltd said in a filing to the BSE. Its consolidated income during July-September 2021 increased to Rs 31,074 crore, compared with Rs 21,758 crore in the year-ago period. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil & gas and metals companies. It has significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa, Namibia, and Australia.