Vedanta Group

Sterlite Electric expects a turnover of about Rs 6,500 crore in FY26 and plans to double in the next three to four years by expanding into high-end cable manufacturing, Agarwal has said

Vedanta group firm HZL plans to foray into potash mining; eyeing block in Rajasthan

India heavily relies on potash imports and has been exploring ways to reduce its dependence on imports. India's potash imports primarily come from countries like Russia, Canada, Belarus, and Israel.

Hindustan Zinc clarifies on report of Rs 8,000-crore special dividend payout, says 'unable to comment'

This move will be in addition to the company’s regular annual dividend of approximately Rs 6,000 crore.

Over 50 high-impact growth projects to power Vedanta's plan to achieve $10 bn EBITDA

These projects are at an advanced stage of completion, according to a powerpoint presentation made to more than 45 fund managers and analysts, who were on a site visit organised by the Vedanta Group.

Vedanta plans investments worth $20 bln in India over next 4 years: Chairman Anil Agarwal

The investments would be focused into the glass and semiconductors business, intensifying investments on the electronics side, among others, said Agarwal

Vedanta explores tie-up with Japanese tech firms as it plans to set up chip plant

Vedanta's semiconductor and display business Global Managing Director Akarsh K Hebbar during Vibrant Gujarat Global Summit roadshow in Japan had said that it is a USD 80-billion opportunity for companies willing to come and invest in the electronics manufacturing hub in Gujarat.

Sterlite Power in talks with GIC for $300 mn fund infusion; weighs demerger of solutions biz

Sterlite Power is the sponsor of India's first power sector InvIT, India Grid Trust (IndiGrid) which is listed. In September 2022, the firm announced that it had withdrawn its DRHP and deferred its listing plans due to unfavourable market conditions.

Vedanta enters deals with 20 Korean display glass manufacturers

In 2022, Vedanta-Foxconn announced a semiconductor fab in Gujarat. The project envisages a total investment of $20 billion to provide affordable electronics to Indians and attract global players across the value chain

HZL’s dividend bonanza does not resolve the larger issue

The dividend payout of nearly Rs 11000 crore addresses only the Vedanta group and the government’s short term need for cash

How Vedanta Resources is meeting changing expectations of talent

Madhu Srivastava, Group CHRO of Vedanta Resources, speaks about changing needs for talent in the energy sector, evolution of the performance management process, moonlighting and hiring plans

Hindustan Zinc Q3 mined metal production marginally rises to 2,54,000 tonnes

The company said that the mined metal production stood at 254kt in the third quarter of the current fiscal "driven by higher ore production and marginally down QoQ due to overall mined metal grades

Hindustan Zinc Q2 profit rises 33% to Rs 2,680 crore

The company had posted a net profit of Rs 2,017 crore for the year-ago period, Hindustan Zinc said in a filing to BSE.

Hindustan Zinc gets nod to set up 30 KTPA plant to produce zinc alloys: CEO Arun Misra

The move will make way for the production of value-added zinc alloy products and enable the company to deliver international quality products in the domestic market.

Hindustan Zinc board approves interim dividend of Rs 21 per equity share

The company will pay a total dividend amounting to Rs 8,873.17 crore for the financial year 2022-23.

Vedanta Group eyes $3.5 billion turnover from chip business, one-third from exports

Vedanta Group’s global managing director of display and semiconductor business Akarsh Hebbar told Vedanta Group’s global managing director of display and semiconductor business, Akarsh Hebbar told.

Vedanta has 5% cap in Hindustan Zinc residual stake sale: Anil Agarwal

Vedanta's Anil Agarwal speaks on plans and preparation of buying Hindustan Zinc residual stake.

'Rockstar' reception, movie offers for Anil Agarwal's rags to riches tale

In February this year, Agarwal, 68, started tweeting his journey from Bihar to Mumbai first and then to London to head a globally diversified natural resources company with interests in zinc-lead-silver, iron ore, steel, copper, aluminium, power, oil and gas.

Hindustan Zinc Q4 profit rises by 18% to Rs 2,928 crore

Vedanta group firm Hindustan Zinc's mined metal production for the quarter was at 2,95,000 tonnes, up 2.6 percent Y-o-Y due to higher ore production at Rajpura Dariba, Sindesar Khurd, and Rampura Agucha mines

I want to inspire entrepreneurs with my social media posts, work more on my charities: Anil Agarwal

Agarwal, who built the energy and metals conglomerate Vedanta Resources from scrap, now wants to motivate others to build their business and has taken to social media to tell his story

Vedanta will be run by management, my children should create another Vedanta: Anil Agarwal

"This company is not going to be run by my family, it will be run by the people, for the people, for the country,” Agarwal said.

Commodity prices will see more upside, it's high time India prioritizes energy security: Anil Agarwal 

India is facing a severe coal shortage that has tripped some power generation units and forced states to cut power supply. For oil and gas too the country is highly dependent on imports making it vulnerable to global commodity price and supply risks.

Vedanta promoters pledge shares to raise Rs 6,000 crore

Promoter group firms pledged 242.26 crore or 65.18 percent shareholding in Vedanta Ltd in three facility agreements to raise the money.

Exclusive | Concor privatisation draws interest from DP World, Adani and Vedanta

Gateway Distriparks and Allcargo Logistics confirms to Moneycontrol that they are likely to be in the race to buy stake in India’s largest container train and terminal operator.

Tamil Nadu orders permanent closure of Sterlite plant, unit shut

Soon after the issuance of the Government Order (GO), top Tuticorin district officials sealed the copper smelter unit premises and pasted the order at the main gate.

Renaissance Steel questions Tata Steel, Vedanta's eligibility for Electrosteel bid

Renaissance Steel has questioned the eligibility of Tata Steel and Anil Agarwal-run Vedanta to bid under the bankruptcy process alleging the move to be a breach of the law.