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Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta-led Cairn India CEO, CFO quit firm

Along with CEO Sudhir Mathur, CFO Pankaj Kalra also resigned recently, sources privy to the development said.

11 April 2019 9:12 AM GMT

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
Vedanta appoints M K Sharma as non-executive independent director

Appointment of M K Sharma as a non-executive independent director with effect from June 1, 2019.

31 May 2019 9:01 AM GMT

Under open acreage licensing policy, or OALP, companies are allowed to put in an EoI for prospecting of oil and gas in any area that is currently not under any production or exploration licence.Business
Vedanta bids for 30 oil and gas blocks

Vedanta had walked away with 41 out of the 55 blocks offered in OALP-I last year.

17 May 2019 1:07 AM GMT

Vedanta Resources chairman Anil Agarwal.Business
Vedanta lost USD 200 mn in profits in one year of Tuticorin plant...

As many as 20,000 direct and indirect jobs have been lost due to the shutting of the smelter.

17 Jun 2019 5:32 AM GMT

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
UK Opposition wants Vedanta delisted from London Stock Exchange

Violent protests had erupted in Tuticorin on Tuesday as locals took to the streets demanding closure of a copper...

26 May 2018 10:44 AM GMT

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
Vedanta shares drop 6 per cent after protests in Tamil Nadu

After opening the day on a weak note, the stock further lost 5.80 per cent to Rs 253.85 on BSE.

23 May 2018 6:56 AM GMT

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta stock surges 6 per cent post NGT order on Tuticorin unit

The stock, after a positive opening on the NSE, gained 5.80 per cent to the intra-day high of Rs 213.30.

17 Dec 2018 8:18 AM GMT

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) land was allotted by the state government to Vedanta Sterlite for the second copper smelting plant. (Photo: PTI)India
Vedanta Sterlite closure 'unjustifiable', may reopen as NGT cancels TN...

NGT directed Vedanta Limited to spend Rs 100 crore over a period of three years for 'welfare activities' in the area.

15 Dec 2018 9:14 AM GMT

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
Vedanta says Indian copper smelter shutdown causing deficit, price...

Copper prices hit more than six-year lows in 2016 but have gained more than 50 per cent from those levels.

19 May 2018 5:44 AM GMT

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Copper plant closure won't affect Vedanta's cash flow much, says S&P

Vedanta will likely need to reconfigure such financing, including fresh local borrowings.

31 May 2018 9:25 AM GMT

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
Vedanta asks NCLAT to lift stay over Electrosteel sale status quo

Renaissance has submitted before NCLAT that Vedanta is not eligible to bid for Electrosteel under section 29 A.

28 May 2018 11:55 AM GMT

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
Vedanta sticks with plan to expand Indian smelter despite deadly...

Vedanta wants to double the smelter's capacity mainly to meet India's rising copper demand.

28 May 2018 3:03 AM GMT

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