Agarwal, who was one of the three industrialists invited for a pre-Budget meeting that Narendra Modi had with over 40 economists and sectoral experts on 22 June, also said privatisation without job loss can help boost the economy
Vedanta Resources on Tuesday plans to challenge the appointment of a provisional liquidator and the intended winding up of its Zambian business without the chance to be heard through lawyers of its choice, documents filed in court show
Narendra Modi's second term: Expect renewed vigour in economy with landmark reforms, says corporate India
The Prime Minister Narendra Modi-led government's new Cabinet will infuse renewed vigour in India's economy with landmark reforms on the back of a decisive mandate as the country aims to become a global economic powerhouse, India Inc said on Thursday
Corporate India welcomes Narendra Modi-led NDA's re-election; seeks more corrective measures to accelerate growth
Harsh Goenka, Chairman, RPG Enterprises, said that the election results show that PM Modi is India’s captain, as state after state shows thumping victories for the NDA.
The proposal is to expand onshore oil and gas production from the existing 3,00,000 BOPD (barrels oil per day) to 4,00,000 BOPD
Mining baron Anil Agarwal-led Vedanta on Tuesday announced the appointment of Ajay Kumar Dixit as the CEO of its oil and gas arm, Cairn, replacing Sudhir Mathur who has quit the company unexpectedly
Vedanta-led Cairn India CEO Sudhir Mathur, CFO Pankaj Kalra quit firm; Ajay Dixit will be interim chief
Cairn India chief executive Sudhir Mathur has resigned from the company, the fourth CEO to quit the firm since it was taken over by mining billionaire Anil Agarwal-led Vedanta Group seven years back
in July 2017 allowed companies to carve out blocks of their choice with a view to bringing about 2.8 million sq km of unexplored area in the country under exploration.
Kapur joins Vedanta from Ambuja Cements, where he was the managing director and CEO for its India business.
Vedanta Group Chairman Anil Agarwal had said in July the company could face a loss of $100 million if the plant remained shut for a year
Vedanta said it is confident that there is enormous potential for Indian and South African businesses to help meet demand, creating jobs and infrastructure in both countries.
Agarwal has delisted his flagship Vedanta Resources from the London Stock Exchange (LSE) and is now concentrating on growing mineral mining and oil and gas businesses out of the India-listed firm, Vedanta Ltd.
Vedanta group plans to invest Rs 55,000-60,000 crore in India in three years; firm eyes to expand zinc business
The Vedanta group chief said that the company was also looking to expand its zinc business in India and Africa to produce two million metric tons of zinc, said the report.
Under this policy called open acreage licensing policy or OALP, companies are allowed to put in an expression of interest (EoI) for prospecting of oil and gas in any area that is presently not under any production or exploration licence.
Promoters of three major tech firms together gain Rs 20,000 cr in 3 yrs; Azim Premji leads with Rs 10,115 cr earnings
It is to be noted that share buybacks accounted for 56.5 percent of the tech firm promoters' cash earnings during the three-year period, said the report.
Vedanta to set up 4.5 million tonne steel plant in Jharkhand at an investment of around $4 bn; to create 1.2 lakh jobs
The plant will be part of the company's newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vedanta Resources Chairman Anil Agarwal said
Cairn India, which is now part of Vedanta Ltd, had earlier this year won 41 blocks of the 55 areas auctioned in the first bid round under the Open Acreage Licensing Policy (OALP)
Sterlite protests: NGT sets aside order shutting down Vedanta's plant in Tuticorin; Tamil Nadu govt to appeal in SC
The NGT's decision came months after the Sterlite copper smelter was ordered shut by Tamil Nadu over alleged pollution that led to violent protests in May, which culminated in police opening fire on demonstrators and killing 13.
Vedanta Chairman Anil Agarwal and Cairn Chief Executive Sudhir Mathur met with executives from 70 services companies this week in Houston
Make in Odisha Conclave 2018: Vedanta plans to inject Rs 15000 cr to raise alumina refinery capacity
"Vedanta has already invested over Rs 50,000 crore in Odisha projects. Fresh investment of Rs 15,000 crore will be made in the next three years for the expansion of Lanjigarh refinery and strengthening of downstream sector," Agarwal said this while addressing the conclave and later interacting with journalists.