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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 ...
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This resulted in a ban on the company from accessing capital markets for 2 years. [19] In 2003, Vedanta Resources (UK) was listed on the London Stock Exchange in the second largest floatation of the year in LSE. Vedanta Resources is a holding company that owns many entities including a large proportion of Vedanta Limited and Sterlite industries ...
Now the Company plans to invest $3 billion in the next three years in finding more oil and raising output from Rajasthan oilfields. [8] The company was delisted from the NSE and the BSE on 25 April 2017 following its merger with its parent company Vedanta Limited. [5] [9]
Quick Take: List of Scam Area Codes. More than 300 area codes exist in the United States alone which is a target-rich environment for phone scammers.
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Videocon has since launched a number of handsets ranging from basic colour FM phones to high-end Android devices. In February 2011, Videocon Mobile Phones launched the hitherto unknown concept of 'Zero' paise (1 paisa is the 100th unit of 1 Indian rupee ) per second with bundled SIM cards of Videocon mobile services for 7 of its handset models.