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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

Give and take,govt to tell Cairn

February 10, 2011 1:54 am

The petroleum ministry is set to tell Cairn Energy that wants to sell its India business to Vedanta Resources for $9.6 billion that it should go by the well established precedent of give and take on the original contractual terms with the government when oil and gas assets change hands.

Govt shows ONGC the door on Cairn deal

February 04, 2011 4:24 pm

Govt may have shot down ONGC seeking a say in the Cairn India-Vedanta $9.6 bn deal.

Vedanta's Cairn deal gets Apr D-day

January 27, 2011 7:07 pm

Edinburgh-based Cairn Energy Plc today said it expects to conclude a USD 8.48 billion deal to sell up to 51 per cent stake in its Indian unit (Cairn India) to mining company Vedanta Resources Plc by April 15 this year.

11-pt agenda for $10 bn Cairn deal: Govt

January 24, 2011 4:11 pm

OilMin is ready to give approval for Vedanta Cairn deal,provided Vedanta agrees to a set of 11 preconditions.

Vedanta likely to apply for Niyamgiri afresh

January 18, 2011 3:26 am

London-based Vedanta Resources is likely to submit a fresh application with the Union environment ministry for revival of Niyamgiri bauxite mines and its Lanjigarh expansion project.

Ecology 2010:It was India vs India Inc

January 05, 2011 11:01 am

Vedanta,Posco,Lavasa - Jairam Ramesh' Environment Ministry was in news all through 2010.

Vedanta shareholders okay Cairn deal

December 14, 2010 3:04 pm

Shareholders of Vedanta have approved the proposed acquisition of majority stake in Cairn India.

Cairn-Vedanta deal gets March D-day

December 13, 2010 11:29 am

Cairn Energy agreed in August to sell a stake of 40 to 51 per cent in its Indian arm to Vedanta.

Vedanta completes acquisition of Skorpion Zinc Mine

December 05, 2010 2:34 am

Anil Agarwal-promoted Vedanta Resources has completed the acquisition of the Skorpion Zinc Mine in Namibia from Anglo American plc for about $707 million.

Vedanta’s profit surges 79% to $337 m

November 12, 2010 12:40 am

Metal and mining major Vedanta Resources announced that it has posted a growth of 79% in its net profit to $337 million for the first half ended on September 30,2010,against $188.2 million in the corresponding period last year.

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