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Vedanta Resources' Zambia unit workers call off strike13-NOV-09
Workers at London Stock Exchange-listed Vedanta Resources' Konkola Copper Mines (KCM) unit in Zambia today called off their three-day old strike.
Vedanta Aluminium to spend 5% of profit on CSR09-NOV-09
Vedanta Aluminium Ltd (VAL), a subsidiary of the London-listed Vedanta Resources, is planning to increase its investment on corporate social responsibility (CSR) to 5 per cent of its net profit from the current fixed level of Rs 120 crore.
Vedanta Resources to invest Rs 40,135 crore06-NOV-09
Will use money to up metals capacity, power generation.
Vedanta Resources H1 profit tanks 46% at $188 mn05-NOV-09
Global metal and mining major Vedanta Resources today reported a 46.2 per cent decline in profit at $188.2 million for the six-month period ended September 30, 2009, impacted mainly by weak metal prices.
Displaced tribals be compensated, says Manmohan05-NOV-09
The government today admitted its failure in dealing with the losses suffered by tribals in land acquisition for various projects, but said one solution was that tribals must benefit from the projects for which they had been displaced.
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.
Vedanta eyes govt's remaining stake in HZL, Balco29-OCT-09
Vedanta Resources Vice-Chairman Naveen Agarwal today said he is hopeful of acquiring the government's remaining stake in Balco and Hindustan Zinc (HZL) by the fiscal-end.
Dubai firm seeks damages from Vedanta Aluminium27-OCT-09
Dubai-based minerals trading company Trimex International EZE Ltd today moved the Supreme Court claiming $600,000 as damages from Vedanta Aluminium Ltd, a subsidiary of London Stock Exchange-listed Vedanta Resources.
Hindustan Zinc hikes zinc, lead prices15-OCT-09
Vedanta Resources group firm Hindustan Zinc today said it has hiked prices of zinc and lead by Rs 2,800 per tonne and Rs 1,500 per tonne, respectively, following the price movement on the London Metal Exchange.
UK council urged to prevent bauxite mining in Orissa17-AUG-09
The Leicestershire County Council has been urged to put pressure on mining major Vedanta Resources to stop a major project to mine bauxite from the Nyamgiri mountain in Orissa.
Pressure mounts on Vedanta Resources05-AUG-09
UK-based metals major Vedanta Resources came under more pressure as it was revealed today that one of its group companies, Balco, is a supplier of refined aluminum to the Indian defence sector. This information is now being used by human rights campaigners to urge investors like the Church of England to divest from Vedanta Resources to keep in line with the church’s policy of not investing in companies that are involved in any way in armament production.
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.
Church of England to meet Vedanta management on Niyamgiri30-JUL-09
A persistent campaign by activists to stop metals major Vedanta Resources from mining in Orissa’s Niyamgiri mountains for bauxite got a boost today. The Church of England, that has invested in the company’s stocks, said its representatives will meet Vedanta’s management to discuss the issues raised by human rights campaigners.
Vedanta faces heat from activists again28-JUL-09
Campaigners from Hamburg-based (Germany) think-tank World Future Council, along with British charity ActionAid, today protested against the Church of England and Middlesbrough Borough Council for investing their pension funds in UK-based metals and mining company Vedanta Resources Plc (with an $8-billion group turnover), whose reputation for trampling human rights and alleged unclean mining practices has been questioned before.
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