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Vedanta BALCO’s 100-bedded Covid field hospital operationalised

The 100-bedded state-of-the-art hospital shall provide critical care support to COVID patients, aiding state government’s efforts

Transforming Mining Safe and Productive

Underground mining is an extremely tough mining method with various risk factors involved.

Srinivasan Venkatakrishnan takes charge as CEO of Vedanta

Vedanta Resources Plc (Vedanta) announced the appointment of Srinivasan Venkatakrishnan as the Chief Executive Officer (CEO) of the company with effect from August 31, 2018. He has also joined the company?s Board of Directors.

Vedanta Resources appoints new CEO

Vedanta Resources plc (Vedanta) has announced the appointment of Srinivasan Venkatakrishnan (Venkat) as Chief Executive Officer (CEO) and a member of the Board of Directors, effective August 31, 2018. He succeeds Kuldip Kaura, the current Interim CEO.

Vedanta wants shareholders to renew approval for buyback

London-listed Vedanta Resources, which proposes to buy a maximum of 27,337,819 shares through market purchases at a minimum price of $0.10 per share, will seek renewed approval from shareholders for this. The buy back amounts to about 10 per cent of the company's equity. In a recent notice, the company sought shareholders' approval to renew the clearance given at last year's annual general meeting, which is due to expi

Court nod to Vedanta for merger of Sesa Goa, Sterlite

Vedanta Resources Plc moved a step closer to merging two of its Indian subsidiaries after the Madras High Court in India approved the company's plan to simplify its group structure. The mining conglomerate had said early last year that it planned to overhaul its web of subsidiaries, creating an umbrella unit that will group most of its assets.

User industries import copper to overcome shortage

Local consumers of copper are reportedly importing the metal owing to shortage of its domestic production on the back of closure of a smelting unit of Sterlite Industries in Tamil Nadu. Sterlite's copper smelter in Tuticorin, Tamil Nadu, which caters to half of India's copper consumption, has remained closed for more than a month owing to alleged leakage of gas from the

Vedanta Resources optimistic on HZL, Balco deal

Anil Agarwal, Chairman of Vedanta Resources feels that his bid to acquire government's stake in Hindustan Zinc and Bharat Aluminium Company (Balco) would be a win-win proposition for all stakeholders. In a conference call, while announcing the company's annual results, he said the deal, if materialises, will be windfall for everybody

Vedanta expects to resume operation in Lanjigarh unit soon

The annual financial statement 2012-13 of Vedanta Resources shows the company expects resume operation at its alumina refinery in Odisha's Lanjigarh by July 2013. The firm stopped operation at the 1-million tonne Lanjigarh refinery in December 2012 owing to paucity of bauxite -- the key raw material used to make alumina (the intermediate product for making aluminium

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