IBC, infra push put steel sector in an M&A sweat spot

October 2018

With the capacity of sizable scale available at bargain prices, the sector will see a lot of Mergers and Acquisition (M&A) activities as bigger playe...

Tags: Mergers and Acquisition, IBC, Resolution Professionals, Arcelor Mittal, Vedanta Resources Plc, Narendra Modi, Consumer durables, Automobiles, NCLT, Tata Steel, Bhushan Steel, JSW Steel, Mahesh Singhi, Singhi Advisors

Srinivasan Venkatakrishnan takes charge as CEO of Vedanta

September 2018

Vedanta Resources Plc (Vedanta) announced the appointment of Srinivasan Venkatakrishnan as the Chief Executive Officer (CEO) of the company with effe...

Tags: Vedanta Resources, New appointment, Mining, Minerals

Vedanta Resources appoints new CEO

April 2018

Vedanta Resources plc (Vedanta) has announced the appointment of Srinivasan Venkatakrishnan (Venkat) as Chief Executive Officer (CEO) and a member of...

Tags: Vedanta Resources, New appointment, Mining, Minerals

Vedanta Group Q3 EBIDTA jumps 79percent, revenue up 26percent

February 2017

Vedanta Resources Group's operating profit almost doubled to $882.3 million for the quarter ended December, while revenue rose 26 per cent to $3.06 b...

Tags: Vedanta Resources Group, EBITDA, Metal, Mining

Vedanta Group Q3 EBIDTA jumps 79percent, revenue up 26percent

February 2017

Vedanta Resources Group's operating profit almost doubled to $882.3 million for the quarter ended December, while revenue rose 26 per cent to $3.06 b...

Tags: Vedanta Resources Group, EBITDA, Metal, Mining

Vedanta to invest Rs.20,000 cr

January 2017

Vedanta plans to invest Rs 150-200 bn over three years to expand its alumina and aluminium producing capacity. The company plans to expand the capaci...

Tags: Alumina, Aluminium producing, Jharsuguda aluminium smelter, Vedanta Resources

Vedanta resumes iron ore mining

September 2015

Vedanta recently commenced iron ore production from its mine in Goa. The Anil Agarwal-led company has received all approvals to restart mining at its...

Tags: Anil Agarwal, Mining, Goa, Bicholim mines, Codli mine, Vedanta Resources

Cabinet to take final call on divestment in Hind Zinc, Balco

November 2012

The union cabinet is expected to take a final decision on the further dilution of government shareholding in Hindustan Zinc and Balco. The government...

Tags: Hindustan Zinc, HZL, Bharat Aluminium, Balco, stake, equity, Vedanta Resources, disinvestment