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Vedanta owns 70.5% of the share capital of Vedanta Aluminium and Sterlite owns the remaining 29.5% share capital of Vedanta Aluminium. Vedanta Aluminium produces ingots, billets & wire rods that are sold in the markets around the world. Vedanta Aluminium Limited (VAL) has acquired a 24.5% stake in L & T subsidiary Raykal Aluminium.
The company was founded in Bombay (now Mumbai) in 1976 by Anil Agarwal, as a scrap-metal dealership. [9] In 1979, he acquired the Shamsher Sterling Corporation (subsequently renamed Sterlite Industries), a manufacturer of power and control cables. [10] The company acquired a majority stake in Balco, the Indian state aluminium business, in 2001 ...
Hindustan Zinc Limited (HZL) is an Indian integrated mining and resources producer of zinc, lead, silver and cadmium.It is a subsidiary of Vedanta Limited. [4] Earlier it was a Central Public Sector Undertaking, sold by Government of India to Vedanta Limited when Atal Bihari Vajpayee and Bharatiya Janta Party Government was in power in the year 2003.
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.
As cellular phones become more popular, there have been plans to release cell phone numbers into public 411 and reverse number directories via a separate Wireless telephone directory. However, these plans have come under opposition from internet based privacy advocate groups, and blogs, often citing privacy concerns.
Electronics giant Foxconn backed out of a $19.5 billion semiconductor joint venture with Indian mining conglomerate Vedanta Ltd. due to “external issues unrelated to the project,” it says, in ...
Vedanta's actions in Odisha were rebuked by the British commerce agency, and the Church of England investment funds sold their shares in the company in protest. In Zambia , Vedanta dumped hazardous waste into the Kafue River , from its copper mine there, according to a lawsuit filed by 2,000 residents, resulting in widespread human illness and ...
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.