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HC quashes Maytas plea against Vedanta19-NOV-09
The Andhra Pradesh High Court on Wednesday quashed a petition filed against the chairman of Vedanta Aluminium Limited and eight others by Maytas Infra.
Vedanta revives Rs 10k cr project in Punjab02-NOV-09
Global metal and mining major Vedanta Resources has decided to revive its Rs 10,000-crore independent power project in Punjab, which it had put on hold last year.
Vedanta revives Rs 10k cr power project in Punjab01-NOV-09
Global metal and mining major Vedanta Resources has decided to revive its about Rs 10,000-crore independent power project in Punjab, which it had put on hold last year.
New hope for Sterlite in Asarco bid21-OCT-09
Anil Agarwal-controlled Sterlite Industries has got a leg-up in its takeover battle for bankrupt copper miner Asarco in the US. A district court in Texas has allowed Sterlite to argue for its amended bid of $2.56 billion, which was earlier rejected by a lower court.
HZL, Balco govt stake acquisition may happen next year: Vedanta chairman13-AUG-09
Being positive about Vedanta Resources's possible acquisition of remnant government stake in its group firms Balco and Hindustan Zinc (HZL), the company's chairman, Anil Agarwal said that the deal may be struck by next year. Agarwal, who was at Indian Institute of Management, Ahmedabad (IIMA) for a session on 'Global Growth Strategies', said, "We are positive on the deal. We expect the acquisition of remaining government stake in Balco and HZL to be completed by next year.
Vedanta sees overall Q1 growth in mining segments31-JUL-09
Anil Agarwal-run Vedanta Resources Plc today reported an increase in production of aluminium and zinc, copper, iron ore from its operations for the first quarter of 2009-10 financial year.
Orissa Assembly adopts Vedanta University Bill31-JUL-09
After long debate spanning over three days, the Orissa Legislative Assembly today passed the Vedanta University Bill, 2009. There was clause by clause discussion on the bill before it was passed in the house.
Hindustan Zinc Q1 net down 15%22-JUL-09
A steep decline in metal prices pulled down the net profit of Hindustan Zinc, a Vedanta Resources Group firm, by 15.21 per cent to Rs 718.82 crore in the first quarter of the current fiscal.
Maytas Infra sells stakes in 2 expressway projects20-JUL-09
In a bid to tide over its financial crisis, Maytas Infrastructure, the listed company promoted by Satyam Computers’ B Ramalinga Raju, has decided to sell part of its shareholding in Cyberabad Expressway Pvt Ltd and Hyderabad Expressway Pvt Ltd to Terra Projects Ltd, a company owned by the Kolkata-based Neco group.
'We have support of US government, unions on Asarco'20-JUL-09
NRI billionaire Anil Agarwal-led Vedanta Resources today said it would not offer more than the already announced $1.87 billion to buy bankrupt American mining firm Asarco but is confident that it can clinch the deal with the support of the US government and the trade unions.
Vedanta to bid for UMPPs, coal blocks20-JUL-09
“We will definitely participate in bids to set up UMPPs, as the country has shortage of 78,000 Mw of power.
'We have support of US govt, unions on Asarco'19-JUL-09
NRI billionaire Anil Agarwal-led Vedanta Resources today said it will not offer more than the already announced $1.87 billion to buy bankrupt American miner Asarco but is confident that it can clinch the deal with the support of the US government and the trade unions.
Vendanta to bid for UMPPs, coal blocks19-JUL-09
"We will definitely participate in bids to set up UMPPs as the country has shortage of 78,000 Mw of power. We will also bid for coal blocks as and when auctioned," Agarwal told PTI in a telephonic interview from London.
Anil Agarwal ready to buy out govt in HZL, Balco17-JUL-09
Vedanta Resources Chairman Anil Agarwal today said he is ready with Rs 8,000 crore for buying the government’s residual equity in Balco and Hindustan Zinc, for which he will meet the finance minister this month.
Vedanta eyeing JV for steel making17-JUL-09
The billionaire Anil Agarwal-promoted Vedanta Resources is in talks with European and Japanese steel producers to get into steel making.
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