Journalism of Courage
Vedanta Resources
Follow on:
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...
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
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 completes 10% Cairn India buy
July 12, 2011 4:01 pm
Vedanta Resources has completed the first tranche of its purchase of Cairn India.
Govt approves Cairn-Vedanta deal
June 30, 2011 10:57 pm
Govt gave its approval to Cairn Energy for selling its Indian unit to Vedanta Resources.
Cairn,Vedanta rejig deal,drop non-compete fee
June 28, 2011 1:39 am
Takeover cost to come down from $6.65 bn to $ 6.02 bn; Sale to be executed in two tranches.
Vedanta raises $1.65 bn to finance Cairn buy
May 28, 2011 3:41 am
The Anil Agarwal-promoted Vedanta Resources on Friday announced that the company has priced its offering of bonds at $1.65 billion,representing one of the largest corporate bond issuances by an Indian group. The proceeds from the bonds would be used to part finance Vedanta's acquisition of 40% stake in Cairn India.
Cairn-Vedanta deal: GoM underlines royalty fine print
May 28, 2011 1:33 am
* 'Vedanta must honour commitments on cost recovery of royalty payments and cess'.
GoM for conditional approval for Cairn-Vedanta deal
May 27, 2011 7:19 pm
Cairn holds 70 per cent interest in the Rajasthan block but does not pay any royalty.
Vedanta to sell bonds for Cairn India buy
May 20, 2011 1:41 pm
Anil Agarwal's Vedanta Resources intends to sell bonds to help pay for Cairn India acquisition.
Cairn extends Vedanta deal deadline again
May 19, 2011 11:51 am
Edinburgh-based company has for the second time extended deadline for sale of majority stake in its Indian unit.
Vedanta FY11 profit up 28 pct
May 05, 2011 2:45 pm
Anil Agarwal-promoted company reports $770.8 mn profit for year ended March 31,2011.
Cairn-Vedanta deadline extended
April 08, 2011 2:00 am
Vedanta Resources and Cairn Energy extended the deadline to seal a $9.6 billion deal
