New Delhi, July 21, 2024 (TBB Bureau): Billionaire Anil Agarwal-led Vedanta Ltd announced on Sunday that it has successfully acquired two crucial mineral blocks in Karnataka and Bihar through an auction process. According to a filing with the BSE, the company has been named the “preferred bidder” for these blocks. The specific blocks involved are the Gollarahatti-Mallenahalli Nickel Chromium and ...
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Vedanta urges Japanese Cos to partner in India’s electronics manufacturing revolution
TBB BUREAU MUMBAI, OCT 17, 2023 In a strategic move aimed at fostering collaboration and investment prospects between Japan and India, the Gujarat Government invited Vedanta to the roadshow targeting Japan’s major electronics players, ahead of the 10th Vibrant Gujarat Global Summit. Vedanta, a global natural resources and technology conglomerate, highlighted the tremendous investment opportunities in India, especially in Gujarat, ...
Read More »Vedanta appoints Sonal Shrivastava as Chief Financial Officer
TBB BUREAU MUMBAI/NEW DELHI, MAY 15, 2023 Globally diversified natural resources conglomerate Vedanta Limited on Monday announced the appointment of Sonal Shrivastava as the Chief Financial Officer (CFO) of the company with effect from June 1, 2023. She joins Vedanta from Holcim Group where she worked as the CFO for Asia Pacific, Middle East & Africa operations. In her role ...
Read More »Vedanta inks pacts with 20 Korean companies for electronics manufacturing hub in India
TBB BUREAU NEW DELHI, APR 17, 2023 Anil Agarwal-led Vedanta Group on Monday said it has signed memoranda of understanding (MoUs) with 20 Korean firms from the display glass industry for development of an electronics manufacturing hub in India. The MoUs were signed at the recently-concluded ‘Korea Biz-Trade Show 2023’ organised by KOTRA, the trade and investment promotion organisation operated ...
Read More »Vedanta ‘preferred bidder’ for Sijimali Bauxite Block in Odisha
TBB BUREAU NEW DELHI, FEB 15, 2023 Billionire Anil Agarwal-led Vedanta Limited has been declared as the preferred bidder for Sijimali bauxite block, located in Rayagada and Kalahandi districts of Odisha, under the mineral block auction conducted by the Government of Odisha. The block has estimated reserves of 311 million tonnes of bauxite. The block is a strategic fit for ...
Read More »Vedanta-run BALCO Medical Centre observes World Cancer Day through awareness initiatives
TBB BUREAU RAIPUR, FEB 6, 2023 Vedanta’s BALCO Medical Centre (BMC), one of India’s leading cancer care hospitals, has undertaken a series of awareness initiatives on the occasion of World Cancer Day, to educate individuals on the cruciality of timely preventive screening and mitigation measures against various forms of cancer. In this regard, senior medical experts from BMC are reaching ...
Read More »Vedanta gets listed on the Dow Jones Sustainability World Index
TBB BUREAU NEW DELHI, DEC 19, 2022 Vedanta Ltd, a global diversified natural resources company, gets listed in The Dow Jones Sustainability World Index, one of the world’s most trusted environmental, social, and governance (ESG) indices. Being the only addition from India this year, Vedanta is now among the 6 Indian companies in the index of 332 global companies. With ...
Read More »Vedanta bags two Odisha coal mines in e-auction
TBB BUREAU NEW DELHI, SEPT 14, 2022 Vedanta Ltd has won the bid for two coal mines in Odisha which were put up for e-auction by the government for commercial mining purpose on Wednesday. The Anil Agarwal-led conglomerate won the bid for Ghogharpalli and its Dip Extension mines. Both the coal mines are fully explored and the total geological reserves ...
Read More »Vedanta to create hub to manufacture iPhones, TV equipment in India
TBB BUREAU NEW DELHI, SEPT 14, 2022 A day after announcing a $19.5 billion investment with Taiwan’s Foxconn to set up semiconductor and display production plants in Gujarat, Anil Agarwal-led conglomerate Vedanta Ltd on Wednesday said that the company would look at creating a hub to manufacture Apple’s iPhones and TV equipment, along with possibly diving into the electric vehicle ...
Read More »Vedanta signs MoUs with Government of Gujarat to set up semiconductors and display fab units
TBB BUREAU DELHI/AHMEDABAD, SEPT 13, 2022 In a major step towards making India self-sufficient in the critical area of semiconductors and displays in line with Prime Minister Narendra Modi’s bold vision to make India Aatmnirbhar (self-sufficient) in key futuristic technologies, Anil Agarwal-led Vedanta today signed two Memorandum of Understandings (MoUs) with the Government of Gujarat to set up a semiconductor ...
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