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Vedanta Resources
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Vedanta Resources Limited: A Global Mining Conglomerate Vedanta Resources Limited, headquartered in London, is a major player in the global mining and metals industry. As India's largest mining and non-ferrous metals company, its operations extend internationally, encompassing mining in Australia an...
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- Company type Private limited company
- Industry Mining
- Founded 22 April 2003 (21 years ago) (2003-04-22) as Angelchange Limited
- Founders Anil Agarwal
- Headquarters London, United Kingdom
- Area served Worldwide
- Key people Anil Agarwal,
- Revenue US$17.128 billion (2024)
- Net income US$99 million (2024)
- Subsidiaries Vedanta Limited, Anglo American (20%), Konkola Copper Mines
- Website www.vedantaresources.com
Related Other Pages:
- Berkshire Hathaway, MyGate and Motherson Sumi Systems
Vedanta Resources history
Last Updated : 19/06/24, 02:50 PM
Vedanta Limited: A Trajectory of Acquisitions and Consolidation Vedanta's journey commenced in 1976 as a scrap-metal dealership in Bombay, under the entrepreneurial vision of Anil Agarwal. Strategic acquisitions propelled its growth. In 1979, the acquisition of Shamsher Sterling Corporation (renamed...
VEDANTA RESOURCES NEWS
Vedanta raises $1.1 billion through bond issue
January 16, 2025 9:16 am
The bond issuance consists of two tranches – a $550 million 9.475 per cent tranche and a $550 million 9.850 per cent tranche, the company said.
Vedanta looks to refinance $3.8 bn bonds
August 04, 2023 9:22 pm
The mining conglomerate has about USD 1 billion of bonds maturing in January next year, followed by a similar size coming up for payment in August 2024.
Fitch downgrades Vedanta, later withdraws ratings
June 07, 2014 12:31 am
Agency says Vedanta declined to participate in the rating exercise.
S&P upgrades Vedanta on hopes of better conditions
May 22, 2014 1:01 am
S&P further said that Vedanta subsidiary Sesa Sterlite’s potential acquisition of the Indian government’s 29 per cent stake in Hindustan Zinc is positive for the group.
Anil Agarwal-led Vedanta Resources' oil & gas, zinc output up in FY14, but iron ore, copper down
April 10, 2014 4:47 pm
Vedanta Resources reported a 6 pct increase in average daily oil and gas production.
Vedanta appoints ex-Rio Tinto chief Tom Albanese as CEO
March 07, 2014 6:02 am
The 56-year old mining honcho has been with Vedanta since September as chairman of its subsidiary Vedanta Resources Holdings Ltd.
India Inc forms companies to fund politics,tax free
December 17, 2013 2:06 am
Vedanta,Mahindra put trust firms in place,others to follow.
Cairn India to spend $1 billion on share buyback: Bloomberg report
November 25, 2013 10:33 am
Share purchase will include buying back Cairn Energy Plc's 10.3 per cent stake in Cairn India.
Anil Agarwal: Not to buy Cairn Energys stake in India arm as of now
October 25, 2013 4:29 am
Balco,HZL stakes: Vedanta to hike offer
October 16, 2013 3:41 am
The government currently holds 29.5 per cent stake in Hindustan Zinc and 49 per cent in Balco.
