Vedanta chairman says chips from Gujarat would help to foster clusters of companies that could make products like iPhones, television sets, laptops and other electronic goods in India
Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India
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Agarwal pointed to the acquisition of Goa-based Nicomet (in December 2021), which has made Vedanta the only producer of nickel in India
"The world does not want India to produce. Today, 70% of our money is going into imports"
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The country continues to pay hefty import bills year after year even as the nation is gifted with significant reserves of metals and minerals, the metals and mining magnate noted.
Billionaire Anil Agarwal-led Vedanta expects to bring into operation two coal blocks in Odisha in this fiscal and is working out a plan to fast-track the operationalisation of another coal mine in the eastern state. Vedanta is focusing on the long-term security of coal especially when thermal power plants and the non-regulated sector have witnessed supply shortages in the current and the last year. "We intend to operationalise Jamkhani and Radhikapur (West) (coal blocks....," Vedanta said in its integrated report and annual accounts 2021-22. Vedanta Limited is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia. The company bagged the Jamkhani coal block in 2019 and the Radhikapur West coal block in 2020 in auctions. Jamkhani coal block is in proximity to the company's Jharsuguda aluminium smelter. It is one of the most ...
July 21 set as record date for payout; stock up 1.44% on BSE
Mining mogul Anil Agarwal in an interaction with students at the Oxford Union in London motivated them to dream big as he shared important learnings from his entrepreneurial journey.
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The parent firm's dollar bonds rose the most in six weeks Friday, with the notes maturing in July hitting the highest level since October, according to Bloomberg-compiled data
Cairn's plan stands out compared to producers around the world, most of whom are staying away from committing investments in oil and gas
Vedanta will pay the third interim dividend of Rs 13 per equity share or 1,300 per cent for 2021-22
Anil Agarwal company to invest $500 mn in LCD facility
The businessman has held preliminary discussions with prospective advisers about the idea of combining Vedanta Resources Ltd. with Vedanta Ltd.
The whole world wants to visit India and there is a potential to increase tourism by 10 times, since the country has 10,000 years of rich history, he said
Billionaire Anil Agarwal's Vedanta Ltd on Wednesday said it is mulling a group restructuring that may include demerger and listing of the aluminium, iron & steel, and oil and gas businesses as standalone entities. In a stock exchange filing, the firm said its board has constituted a committee of directors to evaluate and recommend options to restructure the group. "The Board of Directors of the Company has decided that, considering the scale, nature, and potential opportunities for various business verticals of the company, the company should undertake a comprehensive review of the corporate structure and evaluate a full range of options and alternatives (including demerger(s), spin-off(s), strategic partnerships etc.) for unlocking value and simplification of corporate structure," it said. Subject to a detailed evaluation, it is the intention that the aluminium, iron & steel, and oil and gas businesses would be housed in standalone listed entities, it added. This is the with .
Capital market regulator SEBI has warned billionaire Anil Agarwal's Vedanta Ltd for executing Rs 1,407 crore of related-party transactions without prior approval of the audit committee
Agarwal says due diligence is being done and that the company is waiting for date of Hind Copper's privatisation to be announced