Page 10 - Anil Agarwal

Mining, farming are the answer to India's poverty: Anil Agarwal

Interview with Chairman, Vedanta Resources

No management changes in the merged entity: Anil Agarwal

Interview with Founder & Chairman, Vedanta

PSBs unlikely to achieve FY17 loan recovery targets: Anil Agarwal

Interview with managing director & head of Asian financial research, Morgan Stanley

Agarwal wants to model Vedanta on GE lines

The Patna-born mining mogul Anil Agarwal plans to convert his group Vedanta Resources Plc into a GE-like institution -- a board-run conglomerate run by best professionals -- as he does not see his children taking over the mantle from him. Undeterred by the slump in commodity prices eroding his net worth by a few hundred million dollars, Agarwal, 63, is planning new investments across businesses -- from metals to oil and gas. In an interview to PTI, he said commodities markets would recover next year after a spell of consolidation in 2016. "My children will not come (and take over from me). They are doing their own thing," he said at his recently done-up residence here. Vedanta, he said, "will be an institution, something like GE. Fundamentally it has to be aggressive, low cost and innovative. And it should be able to attract the best of people". General Electric Company (GE), incorporated on April 15, 1892, is a diversified infrastructure and financial ...

India's aluminium consumption to rise to 20 MT, says Anil Agarwal

Agarwal, however, did not elaborate on the time period

Anil Agarwal's $10 bn LCD plant to start production in 2018

This will be largest investment made in setting up of an electronics plant in country