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Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
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Billionaire Mining Tycoon In India Fights To Clear Vedanta's Debt
Billionaire tycoon Anil Agarwal's Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 - half of which is due in January.
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Vedanta Chairman On Why Firm Chose Gujarat Over Maharashtra For Plant
Vedanta Resources Chairman Anil Agarwal on Saturday said production at its semiconductor and display manufacturing unit in Gujarat will start within two and a half years of the groundbreaking ceremony.
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This African Nation Wants Indian Firms Like Vedanta To Mine Its Oil, Gold
Landlocked in the heart of Africa, the Central African Republic is seeking Indian investors to mine its abundant natural resources ranging from oil, uranium and lithium to gold, diamonds, iron ore and copper.
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"Chose Gujarat...": Vedanta On $20 Billion Deal Amid Row Over Maharashtra
On Vedanta-Foxconn's decision to set up a semi-conductor facility in Gujarat instead of Maharashtra, Vedanta Resources Ltd Chairman Anil Agarwal on Wednesday said that the company is still committed to investing in Maharashtra.
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He'd Seen Taxi, Bus In Films. He Saw Them For Real In Mumbai. Now He's...
Billionaire Anil Agarwal, the Executive Chairman and Founder of Vedanta Resources Limited, has opened up about leaving his home as a teenager and arriving in Mumbai with only a tiffin box, bedding and his dreams to keep him motivated.
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Groundwater In Vedanta's Tamil Nadu Copper Smelter Contaminated: Minister
Groundwater in Vedanta Resources' Thoothukudi copper smelter contains heavy metals exceeding limits for drinking water, junior minister for water resources, Arjun Ram Meghwal, told lawmakers today.
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"Will Die For Niyamgiri": A Sterlite-Like Crisis For Vedanta In Odisha
After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery.
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Vedanta To Challenge Closing Down Of Sterlite Copper Smelter: Sources
Vedanta Resources is working on a legal challenge to the Tamil Nadu government's closure of of its Sterlite copper smelter, but it will not proceed until tensions over the deaths of 13 people during protests last week have eased, two sources told Reuters.
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"No Warning": Witnesses Describe How Police Shot Anti-Sterlite Protesters
Police in the port city of Thoothukudi in Tamil Nadu gave no warning last Tuesday before firing with live ammunition on protesters seeking the closure of a copper smelter owned by London-listed Vedanta Resources Plc, according to 16 witnesses interviewed by Reuters.
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Closure Of Sterlite's Tuticorin Copper Plant Unfortunate, Will Study Order Says Vedanta
Global diversified natural resource major Vedanta Group on Monday said that it will study the closure order of Sterlite's copper plant in Thoothukudi, Tamil Nadu and then decide on the future course of action.
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Will Take All Steps To Permanently Shut Sterlite Plant: O Panneerselvam
Tamil Nadu Deputy Chief Minister O. Panneerselvam said on Monday his government would take all steps to permanently shut a copper smelter run by London-listed Vedanta Resources after deadly protests demanding its closure on environmental grounds.
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UK Opposition Wants Vedanta Delisted From London Stock Exchange
The UK's Opposition, Labour Party, has called for Vedanta to be delisted from the London Stock Exchange following the death of 13 people during violent protests against the mining giant in Tuticorin, Tamil Nadu.
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Tamil Nadu Seeks Permanent Closure Of Vedanta's Copper Smelter, Say Officials
Tamil Nadu said on Thursday that it was seeking a permanent closure of a big copper smelter run by London-listed Vedanta Resources after 13 people died in protests demanding the closure of the plant on environmental grounds.
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Power Cut For Vedanta-Owned Sterlite In Tuticorin: 10 Latest Facts
Power supply to the Sterlite copper smelter plant in Tuticorin has been cut after Tamil Nadu's pollution regulator found that the plant was "carrying out activities to resume production", violating orders in April to halt production. The action comes at a time the government is struggling to cap national outrage over the police killing 12 people pr...
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Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
-
Billionaire Mining Tycoon In India Fights To Clear Vedanta's Debt
Billionaire tycoon Anil Agarwal's Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 - half of which is due in January.
-
Vedanta Chairman On Why Firm Chose Gujarat Over Maharashtra For Plant
Vedanta Resources Chairman Anil Agarwal on Saturday said production at its semiconductor and display manufacturing unit in Gujarat will start within two and a half years of the groundbreaking ceremony.
-
This African Nation Wants Indian Firms Like Vedanta To Mine Its Oil, Gold
Landlocked in the heart of Africa, the Central African Republic is seeking Indian investors to mine its abundant natural resources ranging from oil, uranium and lithium to gold, diamonds, iron ore and copper.
-
"Chose Gujarat...": Vedanta On $20 Billion Deal Amid Row Over Maharashtra
On Vedanta-Foxconn's decision to set up a semi-conductor facility in Gujarat instead of Maharashtra, Vedanta Resources Ltd Chairman Anil Agarwal on Wednesday said that the company is still committed to investing in Maharashtra.
-
He'd Seen Taxi, Bus In Films. He Saw Them For Real In Mumbai. Now He's...
Billionaire Anil Agarwal, the Executive Chairman and Founder of Vedanta Resources Limited, has opened up about leaving his home as a teenager and arriving in Mumbai with only a tiffin box, bedding and his dreams to keep him motivated.
-
Groundwater In Vedanta's Tamil Nadu Copper Smelter Contaminated: Minister
Groundwater in Vedanta Resources' Thoothukudi copper smelter contains heavy metals exceeding limits for drinking water, junior minister for water resources, Arjun Ram Meghwal, told lawmakers today.
-
"Will Die For Niyamgiri": A Sterlite-Like Crisis For Vedanta In Odisha
After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery.
-
Vedanta To Challenge Closing Down Of Sterlite Copper Smelter: Sources
Vedanta Resources is working on a legal challenge to the Tamil Nadu government's closure of of its Sterlite copper smelter, but it will not proceed until tensions over the deaths of 13 people during protests last week have eased, two sources told Reuters.
-
"No Warning": Witnesses Describe How Police Shot Anti-Sterlite Protesters
Police in the port city of Thoothukudi in Tamil Nadu gave no warning last Tuesday before firing with live ammunition on protesters seeking the closure of a copper smelter owned by London-listed Vedanta Resources Plc, according to 16 witnesses interviewed by Reuters.
-
Closure Of Sterlite's Tuticorin Copper Plant Unfortunate, Will Study Order Says Vedanta
Global diversified natural resource major Vedanta Group on Monday said that it will study the closure order of Sterlite's copper plant in Thoothukudi, Tamil Nadu and then decide on the future course of action.
-
Will Take All Steps To Permanently Shut Sterlite Plant: O Panneerselvam
Tamil Nadu Deputy Chief Minister O. Panneerselvam said on Monday his government would take all steps to permanently shut a copper smelter run by London-listed Vedanta Resources after deadly protests demanding its closure on environmental grounds.
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UK Opposition Wants Vedanta Delisted From London Stock Exchange
The UK's Opposition, Labour Party, has called for Vedanta to be delisted from the London Stock Exchange following the death of 13 people during violent protests against the mining giant in Tuticorin, Tamil Nadu.
-
Tamil Nadu Seeks Permanent Closure Of Vedanta's Copper Smelter, Say Officials
Tamil Nadu said on Thursday that it was seeking a permanent closure of a big copper smelter run by London-listed Vedanta Resources after 13 people died in protests demanding the closure of the plant on environmental grounds.
-
Power Cut For Vedanta-Owned Sterlite In Tuticorin: 10 Latest Facts
Power supply to the Sterlite copper smelter plant in Tuticorin has been cut after Tamil Nadu's pollution regulator found that the plant was "carrying out activities to resume production", violating orders in April to halt production. The action comes at a time the government is struggling to cap national outrage over the police killing 12 people pr...
