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Latest Articles in vedanta group

Vedanta Q1 Results: Profit Rises 4% YoY To Rs 4,421 Cr

Its consolidated income during the April-June period increased to Rs 39,355 crore from Rs 29,151 crore last year

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Vedanta To Buy Athena Chhattisgarh Power For Rs 564 Cr

The acquisition for a purchase price of Rs 564.67 crore is likely to be completed in the ongoing financial year, adding that the consideration will be in the form of cash

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Vedanta Group Eyes $3.5 Bn Turnover From Chip Business, One-third From Exports

Vedanta Group's global managing director of display and semiconductor business Akarsh Hebbar told PTI that its JV partner Foxconn has all the agreements and required technologies in place to start making electronic chips

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Vedanta Puts Up Copper Smelting Plant In Tamil Nadu For Sale

Vedanta's 400,000 tonnes per annum copper smelter in the port city of Thoothukudi was ordered shut in May 2018 by the southern Tamil Nadu state, a week after the deadly protests that sought the plant's closure for alleged pollution

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Vedanta To Invest $1.5 Bn Across Oil, Zinc, Steel business

It also approved a $466 million phase-2 expansion of the Gamsberg zinc project in South Africa and another $348 million for steel expansion.

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Vedanta Signs Pact With TERI To Accelerate ESG Goals

The partners will work towards building a sustainable future by engaging with governments, civil society and peers to promote a larger ecosystem for climate change, resource efficiency, and circularity, harnessing cleaner energy, sustainable supply chains, and people-centric development

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Vedanta Group Firm Hindustan Zinc's Q2 Net Profit Rises 4% To Rs 2,017 Cr

The company had posted net profit of Rs 1,940 crore in the year-ago period, Hindustan Zinc Ltd said in a regulatory filing.

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Mining Giant Vedanta To Delist American Depositary Shares

The delisting is expected to become effective 10 days thereafter, at which time the ADS of the company will no longer be listed for trading on the NYSE.

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Videocon Insolvency: Lenders Make U-Turn, Want Fresh Bids

Billionaire Anil Agarwal''s Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15 per cent of the admitted claims of Rs 64,838.63 crore of lenders.

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Global Oil Majors May Be Joining Race For BPCL: Document

The bidding process allows for other interested parties to join and form a consortium with any one of the bidders which had submitted an expression of interest (EoI).

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Possibility Of Third COVID-19 Wave Calls For Preparedness: Hindustan Zinc CEO

Enhanced medical and life insurance covers are also being provided to reduce and share the burden of the company's employees, Misra said in his speech during the company's 55th annual general meeting.

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Vedanta-ESL Proves Its Mettle Within Three Years Of Coming Into Existence

The production ramp up and other operational efficiencies resulted in record EBITDA margin of the business, improving from $53 per tonne in FY2018 to $112 per ton in the fourth quarter of FY 19.

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Hindustan Zinc Q4 Profit Rises 85 % To Rs 2,481 Cr

The income increased to Rs 7,242 crore in the quarter under review over Rs 4,861 crore in the year-ago period

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Our New Policy Aims To Make Gujarat India's Defence Factory: CM Vijay Rupani

With 18% of India’s industrial output and 53% of the total FDI in 2020, Gujarat certainly stands tall among other federal States of India and its major economic indicators on right track. Debate is often on historic linkages but it is more about right policy, leadership, thrust on industry and governance. CM Dashboard is set up to monitor each projects underway across the States which is the first of its kind to check accountability--real time and digital. Gujarat's Chief Minister Vijay Rupani speaks with BW Businessworld's Manish Kumar Jha on such initiatives that make global investors flock to Gujarat. Beside industry and investment, he tells me more on Education, NEP and his plan for Green energy.

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Videocon Industries Lenders, 12 Other Group Companies To Meet On Tuesday Under IRP

Vedanta, through Cairn, holds 22.5 per cent stake in Ravva and any successful bid by Vedanta will take its stake to 47.5 per cent, and it will be the biggest stakeholder ahead of ONGC's 40 per cent.

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