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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 Resources to invest Rs 40,135 crore06-NOV-09
Will use money to up metals capacity, power generation.
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.
Sterlite Industries net plunges 25% to Rs 959 cr29-OCT-09
Anil Agarwal-promoted Sterlite Industries has saw its profit decline by 24.91 per cent for the quarter ending September. The profit for the second quarter of the current financial year was Rs 958.8 crore. The company had posted a net profit of Rs 1,276.9 crore in the corresponding quarter last financial 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.
Sterlite tops Grupo's offer price in Asarco bid war12-SEP-09
Just when everyone wrote him off for his bid for bankrupt mining company Asarco, Vedanta Resources Chairman Anil Agarwal is back with a vengeance.
Big blow for Sterlite in Asarco bid02-SEP-09
Bankruptcy court in US favours rival Grupo Mexico’s offer.
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.
Vedanta to invest Rs 43,000 cr in expansion21-JUL-09
The group also has plans to spend Rs 50,000 crore on power generation.
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.
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