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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.
Indian miner Vedanta Ltd on Saturday reported a net loss of 125.2 billion rupees ($1.7 billion) for the fourth quarter of its financial year, compared with a profit of 26.15 billion rupees in the ...
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 FY20, it recorded an operating profit of negative ₹300 crores. [17] It reported a loss in Ebitda of ₹235 crore and a revenue drop by 57% to ₹10,739 crore during the fiscal year 2018-19, compared to FY 2018-17, primarily due to the shutdown of Thoothukudi smelter in Tamil Nadu. In 2017-18, the company reported an Ebitda profit of ...
Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday, in a setback to Prime Minister Narendra Modi's ...
LONDON -- The FTSE 100 has risen 0.57% to 6,313 points this morning. The main force behind the U.K.'s top-tier index appears to be the miners, which are generally up around 2% to 3%. And those in ...
Plans specify a 275-metre (902 ft) chimney for the construction of a thermal power plant by Balco, which is owned by Vedanta Resources. [3] [4] [5] The incident happened during extreme weather conditions involving lightning and torrential rainfall.
LONDON -- The FTSE 100 has lost some of yesterday's gains, slipping 0.45% to 6,462 points by early afternoon after falls hit the mining and telecom sectors -- with Vodafone shares down 2% after ...