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FILE PHOTO: A bird flies by the Vedanta office building in Mumbai August 16, 2010. REUTERS/Danish Siddiqui/File Photo | Photo Credit: Reuters March 12 Indian mining group Vedanta must pay $9.4 million) to Cairn UK Holdings for a delay in paying dividends, the Securities and Exchange Board of India (SEBI) said on March 12. The…
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The bench referred to the “repeated nature of breaches” coupled with severity of violations by the unit. New Delhi: In a jolt to Vedanta Limited, the Supreme Court on Thursday dismissed its plea for reopening of its copper smelting plant in Tamil Nadu’s Thoothukudi, closed since May 2018 over pollution concerns, while underlining the importance…
A view of the logo of Vedanta installed on the facade of its headquarters, in Mumbai. File | Photo Credit: Reuters Vedanta on October 24 said Chief Financial Officer (CFO) Sonal Shrivastava has resigned, amid a major structural overhaul announced last month. “Ajay Goel, currently incumbent CFO at Indian edutech start-up Byju’s, will return as…
File picture of the Vedanta logo outside its headquarters in Mumbai | Photo Credit: Reuters Mining and oil giant Vedanta ran a covert lobbying campaign to weaken key environmental regulations during the pandemic, OCCRP alleged in a new report. The not-for-profit organisation said the Indian government approved the changes without public consultation and implemented them…
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A man walks past the logo of Vedanta outside its headquarters in Mumbai. File | Photo Credit: Reuters Mining magnate Anil Agarwal’s Vedanta Ltd has won an arbitration against a demand for a higher payout from its prolific Rajasthan oil and gas fields after disallowance of ₹9,545 crore ($1.16 billion) in certain costs incurred, the…
Read More “Vedanta wins arbitration against government in $1.1-billion cost disallowance case” »
Anil Agarwal, Chairman of Vedanta Resources Ltd, addresses the audience during the ‘SemiconIndia 2023’, India’s annual semiconductor conference, in Gandhinagar, India, July 28, 2023. | Photo Credit: Reuters Vedanta group chairman Anil Agarwal on July 28 said that first phase of its semiconductor project will involve $5 billion investment of the overall $20-billion outlay, and…
