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KONKOLA COPPER PROJECT
Stocks in news: HUL, Axis Bank, Tata Consumer, LTIMindtree, Adani GreenDomestic markets closed higher amidst volatility, with several companies in focus due to Q4 results and news developments. LTIMindtree repo...
Anil Agarwal’s $11 billion reset: Vedanta gears up for big breakupIndian billionaire Anil Agarwal is finalizing a breakup of Vedanta Ltd. to reduce its $11 billion debt and sharpen focus on individual busi...
Vedanta Resources pays $246 mn dues to help revive operations at Zambian copper mineUK-based Vedanta Resources, the parent company of India's Vedanta, has settled $245.75 million in dues to revive operations at Zambia's Kon...
Court approves billionaire Agarwal’s plan to reclaim Zambia mineA court in Zambia sanctioned a plan for Vedanta Resources Ltd. to regain control of the Konkola copper project by settling debts owed to cr...
UAE giant eyes majority stake in Vedanta's Zambian mines in expansion driveVedanta wants to sell part of its 80% stake in KCM and has hired Standard Chartered to manage the process in an effort to raise capital to ...
Stocks in news: Vedanta, DMart, Paytm, Coal India, Godfrey PhillipsAnil Agarwal said the Konkola Copper Mines, which returned to his London-based firm Vedanta Resources last week, can be moved to the group'...
Anil Agarwal talks of moving Konkola Copper Mines to Vedanta Ltd at 'right valuation'The Zambian government, which owns a 20 per cent stake in KCM, will allow Vedanta to resume control and operate KCM's mines and smelter aft...
Vedanta incorporates Sesa Iron & Steel in Goa"Sesa Iron and Steel Limited is incorporated for growth projects and to undertake expansion of its operations," the company mentioned in a ...
Zambia agrees to hand disputed copper assets back to VedantaZambia has agreed to return control of Konkola Copper Mines (KCM) to Vedanta Resources, ending a dispute that began in 2019 when the govern...
Vedanta appoints woman CEO for Africa operationsCommenting on the appointment, Vedanta Resources chairman, Anil Agarwal said: ‘’I’m delighted that we have a woman leader from Africa at th...
Vedanta to invest $1 billion in Gamesberg mine project by 2019"We will invest a total of $1 billion in the Gamesberg project over the next three years," Vedanta Resources Chairman Anil Agarwal said.
Vedanta to go slow on fresh investments till current projects turn profitable: Tom Albanese"It is going to take some time for the new supply in oil, iron ore and copper to get absorbed in the market. It will easily be another year...
Vedanta profit hurt by costs, lower Zambia output; revenue upVedanta Resources Plc reported a 5 per cent fall in first-half core earnings due to lower production and higher costs at its oil and gas an...
Vedanta Resources's oil, zinc output up in FY14; iron ore, copper downThe London-listed, India-focused company reported a 6% increase in average daily oil and gas production at 2,18,651 barrels in the previous...
- Vedanta set to merge Sterlite, Sesa Goa to cut debt
Sesa Goa, India's largest iron-ore exporter, will absorb Sterlite in an all-share transaction, says billionaire chairman Anil Agarwal.
- Hindustan Dorr-Oliver bags $85 mn EPC contract
Hindustan Dorr-Oliver said it bagged an EPC contract worth USD 85 million from Konkola Copper Mines Plc Zambia.
- Vedanta restructures group into 3 commodity focused verticals
Vedanta Resources will structure into three commodity focused verticals: copper and zinc-lead; aluminium and energy; and iron ore. Top Fina...
- Vedanta restructures group into 3 commodity focused verticals
Resources Plc on Tuesday announced a restructuring to simplify the group corporate structure into three commodity focused verticals: copper...
- India Inc goes on an African safari
Pradeep Dobhale, the chief executive of ITC’s paper division, was willing to try an experiment recently.
- Indian firm develops Zambian copper mine
Indian mining firm Vedanta Resources today unveiled a slew of projects to enable Zambia's largest mine to nearly treble copper production t...