Page 31 - Vedanta

Vedanta posts 17 per cent growth in aluminium production for FY19

The spike in aluminium output was also helped by volume growth at Vedanta's Lanjigarh alumina refinery

Vedanta strikes oil in Krishna Godawari basin block

Vedanta through its oil and gas division Cairn holds 100 per cent participating interest in the block

High Court allows Vedanta to take part in Nalco's alumina sale tender

Vedanta is expected to save 20 dollars per tonne of alumina procured from Nalco

Two killed near Vedanta's Lanjigarh unit on protests over rehab, jobs

Clash erupts after agitators protest near project site; Both OISF personnel and protesters sustain injuries; one from each side succumbs

Vedanta prunes alumina making cost by 14% in Q3 on higher bauxite supply

Greater availability of alumina from its captive refinery is expected to help Vedanta achieve volume growth in aluminium production

Vedanta looks abroad to rope in global players for oil and gas exploration

Aim is to award end-to-end tenders for OALP blocks to reduce production time

Sterlite Copper CEO Ramnath retires, Pankaj Kumar takes over

The resignation comes amidst protests and closures of the plant in Tamil Nadu's Tuticorin

Input-starved Vedanta sues Nalco over exclusion from tender to buy alumina

Anil Agarwal-led firm also urges Odisha HC to order a stay on PSU company's alumina sales to other entities

Legal processes to reopen Sterlite copper plant underway, says Vedanta

In the alumina vertical, the company said, it has seen increase in volumes, decrease in costs and margin improvements as a result

Losing Rs 5 cr daily due to Sterlite copper plant shutdown: Vedanta to HC

Vedanta Group Chairman Anil Agarwal had said in July the company could face a loss of $100 million if the plant remained shut for a year

Vedanta arbitration to liquor tender, here're last week's key court orders

The Supreme Court has imposed 'exemplary costs' on a firm for attempting to "overreach" the court in the execution of a foreign arbitration award

Brokerages ask investors to either sell or stay away from Vedanta shares

Volcan Investments is a family trust of promoter Anil Agarwal.

Vedanta eyes 11% cut in aluminium making cost to $1,700/tonne by FY19-end

The cost cut is expected to improve viability of firm's aluminium business in the backdrop of recent softening of metal prices on LME

Weak aluminium prices take shine off Vedanta's December quarter performance

Apart from weak prices, a revenue decline of 3 per cent YoY, to Rs 23,669 crore, was led by the shutdown of the Tuticorin copper smelter

Vedanta pumps Rs 1,431 cr in Anglo American, buys Volcan's stake

Last year, Volcan, that owned nearly 67 per cent in Vedanta Resources earlier, acquired 33.5 per cent of the company's stake in July

Vedanta Q3 profit falls 21% to Rs 1,574 cr on smelter shutdown, price drop

Revenue from operations for the quarter was Rs 23,669 cr compared with Rs 24,361 cr a year ago

Vedanta got Sterlite unit reopened, well almost. Till a lunch break ended

Post lunch, when the court reassembled, the Bench said it would hear the matter on Tuesday and dispose it that day itself

Vedanta Resources to invest Rs 60,000 crore in India in 3 yrs: Anil Agarwal

The company is also looking to produce 1,400 tonnes of silver in India, he said, adding that he is also looking to set up a glass manufacturing unit in Maharashtra

Vedanta to invest $1.6 billion in South Africa for mining minerals

The company's cumulative investment in the African continent stands at nearly Rs 30,000 crore

Vedanta moves SC, seeks order to TN to take steps for Sterlite re-opening

The sterlite plant was put under lock on May 28, 2018, when the state government had ordered the TNPCB to seal and "permanently" close the plant in the wake of violent protests over pollution concerns