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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 ...
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 ...
Cairn – Vedanta deal [ edit ] Vedanta Resources initially reached an agreement to acquire 58.8% of Cairn India from Cairn Energy for a total consideration of $8.67 billion in August 2010, with final shareholder approval in December.
An investigation is ongoing to determine the cause of the collapse. [8] [9] [10] Balco initially did not discuss the incident at length, stating only that "[t]here is an accident and some people are injured"; [10] claiming to be too busy with the rescue effort to make a longer statement. [7]
Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...