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Vedanta limited owns, leases and operates in India through the following entities: Bharat Aluminium Company: In February 2001, Government of India in a major dis-investment deal, approved the sale of its 51% stake in BALCO to Sterlite Industries (now Vedanta Limited) for Rs.551.5 crores. [33] The government of India owns the remaining 49.0%.
Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa. [8] Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.
Vedanta Resources is a holding company that owns many entities including a large proportion of Vedanta Limited and Sterlite industries. [20] Vedanta Sterlite Copper Public Relations: Vedanta Sterlite Copper, a major entity in the mining and metallurgy sector, collaborates with an official Public Relations agency to manage its public communications.
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
Dempo Mining Corporation Limited is a prominent mining company from the western Indian state of Goa. The mineral business was founded by Vasantrao S. Dempo in 1941, along with his younger brother Vaikuntrao Dempo. Vasantrao S. Dempo was the founding chairman of the company, succeeded by his son Vasudeva V. Dempo.
Anil Agarwal (born 1954 [1]), known professionally as "metal king," is an Indian origin billionaire businessman who is the founder and chairman of Vedanta Resources Limited. [ 2 ] [ 3 ] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business.
Can we imagine ourselves back on that awful day in the summer of 2010, in the hot firefight that went on for nine hours? Men frenzied with exhaustion and reckless exuberance, eyes and throats burning from dust and smoke, in a battle that erupted after Taliban insurgents castrated a young boy in the village, knowing his family would summon nearby Marines for help and the Marines would come ...
The company is 80% owned by Vedanta Resources and 20% owned by the state mining company of Zambia, [2] ZCCM Investments Holdings. KCM produces 2 million tons of copper ore per year. The company's Konkola Deep Mining Project will expand its capacity to 6 million tons of ore per year.