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Vedanta Resources

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...

Vedanta Resources Overview

vedanta resources Image Source : Wikipedia
  • 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

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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 profit jumps 21% on Cairn India boost

May 17, 2013 2:58 am

Vedanta Resources today reported 21 per cent growth in its core profits at $4.888 billion for the year ended March,2013,49 per cent of which was contributed by Cairn India alone.

Vedanta Resources core profits up 21% courtesy Cairn India

May 16, 2013 2:07 pm

Vedanta Resources today reported a 21 per cent increase in its core profits at USD 4.888 billion

Moody's: Cairn India's dividend payout crucial for beleaguered Vedanta Resources

April 24, 2013 5:24 pm

Vedanta group rating remains under review for possible downgrade: Moody's Investors

Vedanta's Q2 iron ore sales down 86%

October 09, 2012 9:00 pm

Vedanta Resources today said its iron ore sales fell by a whopping 86 per cent in the July- September quarter this fiscal as production dipped due to the mining ban in Karnataka for over a year now.

Non-investment rating to Vedanta: S&P

October 01, 2012 9:40 pm

Ratings agency Standard and Poor's has affirmed non-investment grade rating to London Stock Exchange-listed Vedanta Resources and has cut its outlook to negative.

Vedanta writes to PM on Cairn's oil exploration in Raj block

July 22, 2012 2:04 pm

Anil Agarwal seeks PM Manmohan Singh's intervention that Cairn India is allowed to explore oil.

Sesa,Sterlite merger creates 7th largest resources player

June 26, 2012 12:56 am

London Stock Exchange-listed Vedanta Resources moved a step ahead to merge its Indian subsidiaries to create a diversified mining and metals group.

Cairn posts record profit of $4.56 bn

March 20, 2012 7:27 pm

However,the company posted an operating loss of USD 1.1 billion.

'Sesa-Sterlite to earn $7-8 bn profits/yr'

March 04, 2012 4:31 pm

The group currently has several expansion projects going on,including increasing aluminium production.

Vedanta to merge Sterlite with Sesa Goa

February 25, 2012 12:21 pm

Post the share transfer,Sesa Goa would be renamed as Sesa Sterlite.

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