Dec 02, 2016 at 10:45 | Source: Reuters
The company plans to expand the capacity of its Lanjigarh alumina refinery to 5 million tonnes from the current 2 million tonnes and double the capacity of its Jharsuguda aluminium smelter to 2 million tonnes.
Nov 28, 2016 at 09:26 | Source: Reuters
India's 10-year government benchmark has fallen to 6.19 percent, below the central bank's repo rate of 6.25 percent, on expectations of a 25 bps-50 bps rate cut at the December 6-7 monetary policy committee meeting. The two have converged only three times in the last decade, according to banking analysts.
Nov 17, 2016 at 16:11 | Source: CNBC-TV18
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares why he maintains a positive view on natural resources companies. He also talks about his outlook on banking and metals sectors.
Nov 01, 2016 at 14:15 | Source: CNBC-TV18
Shares of Hindustan Zinc gained roughly 9 percent in trade today. Surge in zinc prices to 5-year highs coupled with commentary from Vedanta Resources Chief Anil Agarwal that the Group will be open to buy stakes in Hindustan Zinc and Balco if government decides to sell could have aided gains.
Oct 28, 2016 at 14:49 | Source: Moneycontrol.com
London Stock Exchange listed Vedanta Resources' associate company Vedanta said consolidated profit during July-September quarter grew by 11.9 percent year-on-year to Rs 1,252 crore. Bottomline was supported by operational performance but growth limited due to weak revenue.
Oct 28, 2016 at 10:51 | Source: CNBC-TV18
Vedanta, an associate company of the London Stock Exchange listed diversified resources group Vedanta Resources Plc, is expected to report a 5 percent degrowth in second quarter profit at Rs 930 crore and a 6 percent fall in revenue at Rs 15,519.3 crore on yearly basis, according to analysts polled by CNBC-TV18.
Oct 19, 2016 at 12:26 | Source: PTI
The government using retrospective tax legislation had in January 2014 issued a tax notice on Cairn Energy for alleged capital gains it made on a 10-year old internal reorganisation of its India unit.
Oct 19, 2016 at 10:33 | Source: CNBC-TV18
Hindustan Zinc, a subsidiary of Vedanta Resources Plc, is likely to report a 35 percent degrowth year-on-year in profit at Rs 1,491 crore for July-September quarter, according to average of estimates of analysts polled by CNBC-TV18.
Oct 06, 2016 at 17:30 | Source: PTI
Through the merger, Agarwal is looking to create India's largest diversified natural resources firm, which can compete with BHP Billiton and Vale SA.
Oct 06, 2016 at 11:04 | Source: CNBC-TV18
Speaking to CNBC-TV18 on the sidelines of The India Economic Summit, Agarwal said that Vedanta is looking to expand its Rajasthan refinery and has lined up an investment of Rs 30,000 crore. He added that newly discovered natural gas fields in Rajasthan will increase Vedanta's capacity.