Page 19 - Vedanta

Vedanta says evaluating Sebi order imposing fine on its unit, Cairn India

Vedanta Ltd on Friday said it is evaluating a Sebi order imposing a fine of Rs 5.25 crore on its erstwhile unit, Cairn India

Vedanta restarts medical oxygen production at Sterlite Copper plant

Oxygen production at Vedanta Ltd's copper smelter plant or Sterlite Copper located in Thoothukudi was restarted on Wednesday, said a company official

Sterlite Copper oxygen plant in TN hits 'technical snag', halts production

Vedanta Ltd owned Sterlite Copper Plant which recently, commenced production of medical oxygen at its facility in Tamil Nadu has faced a 'technical snag' in a cold box

Vedanta reports consolidated net profit of Rs 6,432 crore in March quarter

Net sales of the company stood at Rs 27,874 crore in the period under review, up 43 per cent from the same period last year

Sterlite Copper begins production of medical oxygen; dispatches first batch

Vedanta Ltd owned Sterlite Copper has commenced production of medical oxygen at its facility in Tamil Nadu and the first batch of 'medical grade oxygen' was dispatched on Thursday, authorities said

Vedanta to set up 100-bed hospital for Covid patients in Rajasthan's Barmer

Oil and gas company Vedanta Limited has started setting up a 100-bed field hospital for coronavirus patients in Barmer district of Rajasthan

Vedanta regains Rs 1-trillion m-cap; stock surges 7%, hits 3-year high

In the past six months, the stock has zoomed nearly 200 per cent on healthy and improving operating performance, supported by stable volume across business segments and increased commodity prices

Street signs: MF fancy UTI AMC, analysts positive on road builders

Several MF houses bought shares of peer UTI Asset Management Company during the March quarter

Awaiting formation of oversight committee for oxygen production: Vedanta

Vedanta said it would await the formation of the oversight committee by the state government as directed by SC bench on resuming the operation of its facility in Tamil Nadu to produce oxygen

'National need': SC allows Vedanta's oxygen plant at Tuticorin to operate

Vedanta shall not be allowed to enter, operate copper smelting plant under garb of this order, says SC

TN: Vedanta's Sterlite in Tuticorin allowed to produce oxygen for 4 months

Sterlite Industries, closed since 2018 over pollution concerns, cannot involve in copper production or any other activities, resolves Tamil Nadu all-party meeting convened by CM Palaniswami

Covid-19 a national emergency, draw up plan, Supreme Court tells Centre

Asks govt to respond on supply of oxygen, drugs, and on vaccination

Vedanta Group in talks with govt to set up display fabrication unit

If it succeeds, India will get its first such facility

Vedanta open offer subscribed just 58% after failed delisting bid

Following open offer, promoter holding in Vedanta is set to rise by 10%. Currently, promoter group holds 55.1%. Had the maximum 651 mn shares been tendered, promoter stake would have risen to 72.6%

Govt to slap recovery notice on Vedanta's Cairn after Delhi HC judgment

The oil ministry will seeks tens of millions of dollars from Vedanta's Cairn Oil & Gas after the Delhi High Court held that the firm was liable to pay higher profit share to the government in lieu of its Rajasthan oil and gas block license being extended beyond initial term, a top official said. In the interim, the firm's Barmer basin block licence, whose initial 25-year term ended on May 15, 2020, has been given an eighth interim extension, the official, who wished not to be identified, said. "Now that the Delhi High Court has upheld the government policy, we will issue recovery notices seeking higher profit petroleum since May 15, 2020," he said. "The exact amount is being calculated but it will be in tens of millions of dollars." When contacted, a company spokesperson said, "We are in the process of reviewing the court's order, will assess any next course of action" after that. The Union Cabinet headed by Prime Minister Narendrea Modi had in March 2017 approved a policy for ...

Vedanta plans to set up Rs 10K-crore copper smelter unit in coastal region

Company's plant in Tamil Nadu's Thoothukudi was shut in 2018 after police firing on protesters killed 13 people.

Vedanta, Tata Steel: Steel stocks are showing strong upside. Stay invested

The Nifty Metal index is expected to enter the territory of 4,100 after surpassing the resistance of 3,950-mark decisively

Lenders to miss March-end deadline for Videocon resolution

In December last year, Vedanta had won the race to acquire Videocon Industries after banks sought consolidated plan from bidders

Losers and gainers in Indian industry as fuel prices climb to record high

Expensive retail fuel can trigger inflation, hurting a fragile economic recovery. Devangshu Datta explains who loses - and gains somewhat - when prices rise

Vedanta's revised offer better deal for minority shareholders: Edelweiss

Vedanta Resources' revised open offer price of Rs 235 per share for its Indian unit is a better deal for investors, brokerage firm Edelweiss said