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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. Based on ...
Vedanta Resources Limited is a diversified mining company headquartered in London, United Kingdom.It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia [4] and oil and gas operations in three countries.
In 1994, it acquired Madras Aluminium Company (MALCO) for ₹ 55 crores. Sterlite and its associate companies took a 55% stake in India Foils for ₹ 50 crores. This improved Sterlite's product mix from aluminum to aluminum foil with the largest market share of 65%. [2] In 1999, the company acquired Copper Mines of Tasmania. [3]
India's largest multinational public sector life insurance company. 116 Indian Oil Corporation: $94,273 31,942 Indian Oil provides products and services all along the energy value chain, and is India's largest commercial entity. The firm has been on the Global 500 as long as the list has been recorded. 178 State Bank of India: $71,844 232,296
National Aluminium Company Limited (abbreviated as NALCO; incorporated in 1981) is an Indian public sector company having integrated and diversified operations in mining, metal and power. Presently, the Government of India holds a 51.28% equity stake in NALCO, [ 2 ] while the Ministry of Mines has administrative control over the company.
Anil Agarwal was born and brought up in a Marwadi family in Patna, Bihar, India. His father Dwarka Prasad Agarwal had a small aluminum conductor business. [6] [7] He studied at Miller High School, Patna. [8] [9] He decided to join his father's business, making aluminium conductors instead of going to university. [10]
This is a list of companies listed on the National Stock Exchange of India (NSE). Contents !–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z !–9 Symbol ...
JSW MG Motor India, on 30 November 2023, China's SAIC Motor and the JSW Group formed a strategic joint venture, resulting in the latter gaining a 35% stake in MG Motor India through this partnership. [ 59 ] [ 60 ] In February 2024, the group inked a MoU with the Government of Odisha for a ₹ 40,000 crore (US$4.6 billion) Integrated EV and EV ...