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Vedantu raised US$11 million in a series B funding round led by Silicon Valley impact investment firm Omidyar Network and also contributed by its existing investor Accel Partners. [16] On 29 August 2019, Vedantu announced that it had raised US$42 million in a series C financing round for expansion in India. [17]
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.
On 26 May 2002, the Enforcement Directorate filed a show cause notice with Sterlite, relating to the six-year period between 1993 and 1999 when Twinstar acquired the shares of Sterlite and various investment companies – such as Dwarka Prasad Anil Kumar Investments Private Limited, Pravin Navin Investment & Trading Private Limited and Sterlite ...
Indian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the latest in local online learning platforms’ growing attempts at tapping opportunities in the ...
Investment income may receive a favorable tax treatment depending on your account type and length of hold period. While you pay the same tax rates as ordinary income on short-term capital gains on ...
Anil Agarwal through his Vedanta group has made several investments in various Indian states. [30] He had invested ₹80000 crore earlier in Odisha, with an additional investment of more than ₹25000 crore for expansion of its Aluminium, Ferrochrome and mining business in the state. Vedanta has invested nearly 4% of Odisha's GDP in 2022.
An equal investment in an S&P 500 index fund would be worth $12,890. For example, when the S&P 500 lost 18% in 2022, 51% of U.S. equity managers underperformed the market. My Top 10 Stocks to Buy ...
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.