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Vedanta to invest $1 bn more in FY18, says CEO

Interview with Tom Albanese

Aditi Divekar & Dev Chatterjee  |  Mumbai 

Tom Albanese, CEO of Vedanta Ltd and London-listed Vedanta Resources Ltd, is optimistic that the good days of metal and oil companies are finally here which would see the returns on investments to go up in the current fiscal. Soon after FY16 results, Albanese spoke to Aditi Divekar and Dev Chatterjee on the road ahead for Vedanta post-merger with oil producer, Cairn India Ltd and its investments plans, and the bottlenecks facing the metals industry. Excerpts. The company has performed better-than-expected in the fiscal 2017 mainly due to a rally in metal prices and a special ...

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First Published: Tue, May 16 2017. 01:45 IST
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