Page 34 - Vedanta

No link between de-listing and protests: Vedanta's Anil Agarwal

In a Q&A, the group's promoter says rationale behind delisting is corporate simplification

Anil Agarwal to delist Vedanta Resources from LSE, offers $1-bn buyout

The move is to simplify the corporate structure of Vedanta and its subsidiaries, the mining giant said

Shutdown of Vedanta's Tuticorin copper plant to hit domestic production

Additionally, Indian premium for import of copper may harden, leading to firmer domestic prices

Working with TN authorities to evacuate acid spillage in Sterlite: Vedanta

The company's filing came in response to a query raised by stock exchanges regarding reports related to acid leak at the facility

Vedanta says sulphuric acid leak at Tamil Nadu copper smelter severe

"There is a grave risk and danger as there are other tanks and there are flammable chemicals and materials within the plant area," says Vedanta

'Minor leak' in Vedanta's Sterlite plant in Thoothukudi, evacuation ordered

The leakage was observed in the sulphuric acid storage plant

Vedanta hits 52-week low; stock down 26% in three months

The stock hit a 52-week low of Rs 229, down 4% on the BSE.

After deadly Sterlite protests, Vedanta faces another challenge in Odisha

An alliance of activists and local people have for years blocked Vedanta's plans to mine bauxite in Niyamgiri hills of eastern Odisha state

Vedanta acquires management control of Electrosteel Steels

Vedanta Ltd had last week deposited an upfront amount of Rs 53.20 billion

Vedanta says extension terms under Barmer PSC different from Ravva

The Delhi High Court had last week granted Vedanta an extension for the Barmer block

Sterlite episode at Thoothukudi could hit Vedanta's brand image

The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury

Vedanta Resources' anti-green image could impact the brand globally

The Tuticorin row is just the latest; the firm has faced heat over environmental issues in both in India and abroad

Vedanta's realisations from iron ore fall 20.6% over fragile demand

Vedanta's average net sales realisations from iron ore vertical slid to $26.1 per tonne in FY18 from $32.9 in 2016-17

Tribunal allows Vedanta to pay Rs 53 billion upfront for Electrosteel

The appellate tribunal reserved its verdict on Vedanta's eligibility to submit a resolution plan under Section 29A of the Insolvency and Bankruptcy Code

So far so bad: Vedanta slid 25% this year, and then Thoothukudi hit

A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index

TN pollution board defers Vedanta's copper smelter closure hearing to June

The Tamil Nadu Pollution Control Board has adjourned a hearing to grant Vedanta a renewal of consent to operate the smelter until that date

Mining conglomerate Vedanta Q4 PAT grows 34% to Rs 56.8 bn

For the entire 2017-18, its PAT grew 21% to Rs 136.92 bn from Rs 113.19 bn in 2016-17.

Vedanta Q4 profit climbs 81% to Rs 48 bn on favourable commodity prices

Net profit came in at Rs 48.02 billion ($721.02 million) for the three months ended March 31, compared with Rs 26.47 billion a year earlier

Vedanta copper unit's prolonged shutdown is credit negative, says Moody's

The company's Tuticorin facility has been shut down since March 27, when it began a 15-day scheduled maintenance turnaround

Vedanta Resources appoints Srinivasan Venkatakrishnan as new CEO

Venkatakrishnan to take over from interim CEO Kuldip Kaura effective 31 August, 2018