Vedanta debt to be divided among demerged firms in ratio of assets

Mumbai: Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.

Vedanta announces demerger of business into 6 entities

New Delhi / London: Vedanta Ltd on Friday announced its plan to demerge its business units into independent “pure play” companies to unlock value and attract big-ticket investment into the expansion and growth of each of the businesses.

Vedanta regains ownership & control of Zambia's Konkola Copper Mines

Mumbai: Vedanta Resources Limited has got back the ownership and operational control of Konkola Copper Mines (KCM) from the Zambian government.

Vedanta Ltd adds semiconductors and display glass ventures to its portfolio

New Delhi: Natural resources and technology conglomerate Vedanta Limited Friday announced the addition of semiconductors and display glass manufacturing ventures to its diversified portfolio.

Gujarat: Vedanta-Foxconn's chip plant creates one lakh jobs

New Delhi/IBNS: The Rs 1.54 lakh crore Vedanta-Foxconn semiconductor plant in Gujarat will reduce electronics imports and provide one lakh direct skilled jobs, Vedanta Chairman Anil Agarwal said Tuesday.

Vedanta exports first shipment of iron after resuming operations in Goa

Delhi/ Karnataka/Goa, Oct 19 (IBNS): Vedanta’s Iron Ore division shipped on Monday said it has first cargo of iron ore today after resuming mining operations at its Codli, Bicholim and Surla mines in Goa. The first shipment of 88000 tonnes is exported to China via the vessel "Ao Hong Ma".

Vedanta dedicates 4000 Anganwadi in collaboration with MWCD

Mumbai, Sept 23 (IBNS): The Ministry for Women and Child Development (WCD) has signed a Memorandum of Understanding (MoU) with Vedanta in a corporate partnership, to develop and modernize 4,000 Anganwadis across the country.