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Vedanta Resources Plc News

02 Jul 2018

Anil Agarwal to delist Vedanta Resources from LSE

The move comes weeks after the killing of 13 protesters in police firing at the firm's copper smelter plant in Tamil Nadu last month that led to political opposition to the company in the UK and drop in its share price.

16 Apr 2018

Srinivasan Venkatakrishnan appointed CEO of Vedanta Resources

Venkatakrishnan, or Venkat as he is known, is currently the CEO of Johannesburg-based AngloGold Ashanti Ltd, the world's largest emerging market gold producer.

Vedanta Resources Plc

30 Aug 2017

Vedanta Resources names ex-CEO Kaura as interim chief executive

Indian mining company Vedanta Resources Plc named a former CEO, Kuldip Kaura, to again lead the company on an interim basis as it looks for a new head to replace Tom Albanese, who is leaving the company on Thursday.

06 Apr 2016

Anil Agarwal wants to model Vedanta on GE lines

The Patna-born mining mogul Anil Agarwal plans to convert his group Vedanta Resources Plc into a GE-like institution -- a board-run conglomerate run by best professionals -- as he does not see his children taking over the mantle from him.

09 Sep 2015

Cairn India's merger with Vedanta "uncertain": S&P

Rating agency Standard & Poor's Wednesday said completion of the proposed merger of Cairn India with Vedanta Ltd appears "uncertain".

13 Jun 2015

Cairn India, Vedanta boards to meet on Sunday amid merger speculation

On Friday, India`s oil minister, Dharmendra Pradhan, told Reuters he had met Cairn executives this week to discuss the potential merger and a source familiar with the matter had said the deal could be announced as early as Sunday.

27 May 2015

Vedanta says will work to lift cap on India iron ore output

A mining ban that had been in place in Goa since September 2012 was lifted last year, but the resumption of operations was delayed while the government gave environmental clearance.

Vedanta Resources Plc

17 May 2015

Vedanta to refinance loans worth $1.6 bn in Indian markets

Minerals and mining major Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD 1.6 billion (about Rs 10,200 crore) with long-term options in this fiscal ending March 2016.

07 Apr 2015

S&P lowers Vedanta Resources' rating to 'BB-'

Vedanta is London-headquartered oil and metals company with most of its operations in India.

Vedanta Resources Plc

09 Sep 2014

Vedanta plans to expand refinery capacity to 6 mtpa

Vedanta Resources Plc Tuesday said it plans to raise capacity of its Lanjigarh Alumina refinery to 6 million tonnes per annum (mtpa) with an investment of Rs 10,000 crore.

Vedanta Resources Plc

30 Jul 2014

Vedanta first-quarter core earnings rise marginally

Diversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in its zinc and Zambian copper businesses.

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