THEBUSINESSBYTES BUREAU BHUBANESWAR/NEW DELHI, JANUARY 28, 2025 Vedanta Limited, a global leader in natural resources and technology, and a longstanding partner in Odisha’s development, has signed a Memorandum of Understanding (MoU) worth Rs. 1 lakh crore with the Government of Odisha to set up an alumina refinery and a smelter plant in Rayagada district. The agreement was inked on the ...
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World needs $1.7 trillion investment in mining for energy transition: Priya Agarwal Hebbar
THEBUSINESSBYTES BUREAU DAVOS, JANUARY 24, 2025 The global mining sector requires an estimated investment of $1.7 trillion to enable the energy transition, according to Priya Agarwal Hebbar, Chairperson of Hindustan Zinc and Non-Executive Director at Vedanta Limited. Speaking at the World Economic Forum in Davos, she highlighted India’s pivotal role in driving the global shift toward clean energy, citing the ...
Read More »Vedanta reports strong financial results and record operational achievements in Q2FY25
Mumbai, November 8, 2024 (TBB Bureau): Vedanta Limited has announced its unaudited consolidated results for the second quarter (Q2) and half-year (H1) ending September 30, 2024, revealing strong financial performance, profitability, and operational achievements across its diversified portfolio. Vedanta posted a consolidated revenue of ₹37,171 crore, marking a 10% increase year-over-year (YoY) and a 5% increase quarter-over-quarter (QoQ). The company ...
Read More »Vedanta Aluminium transforms educational infrastructure in Odisha’s Sundargarh, benefiting over 750 students
Bhubaneswar, November 4, 2024 (TBB Bureau): In a significant move to uplift educational standards and foster a brighter future for Odisha’s youth, Vedanta Aluminium, India’s largest aluminium producer, has enhanced the infrastructure of 14 government schools and seven Anganwadi centers in the tribal-dominated Jamkani coal block area of Sundargarh. This initiative is set to impact over 750 students by providing ...
Read More »Vedanta to invest Rs 1 lakh crore in Odisha, creating 2 lakh new jobs
Mumbai, October 18, 2024 (TBB Bureau): Vedanta Limited, a leading global natural resources company, has announced a significant new investment of Rs 1 lakh crore in Odisha, further solidifying its long-standing partnership with the state. This strategic move is expected to generate 2 lakh new employment opportunities and propel Odisha closer to its ambitious goal of becoming a half-trillion-dollar economy ...
Read More »Vedanta assembles formidable squad for Kalinga Lancers after dominating HIL player auction
New Delhi, October 15, 2024 (TBB Bureau): Vedanta Limited today unveiled the official lineup for the Kalinga Lancers as the highly anticipated Hockey India League (HIL) 2024 returns after a seven-year hiatus. Following their dominant performance in the player auction, Vedanta has successfully assembled a formidable team, blending emerging talent and seasoned veterans to position the Kalinga Lancers as strong ...
Read More »Vedanta appoints David John as Strategy Director and Dr. AB Subbaiah as Team Manager for Kalinga Lancers ahead of HIL 2024
New Delhi, October 14, 2024 (TBB Bureau): Vedanta Limited has appointed David John as Strategy Director and Dr. A.B. Subbaiah as Team Manager for the Kalinga Lancers, ahead of the highly anticipated return of the Hockey India League (HIL) in 2024, following a seven-year hiatus. These strategic appointments reflect Vedanta’s commitment to building a top-performing team, poised to excel in ...
Read More »Vedanta announces demerger of diversified businesses unlocking significant value
TBB BUREAU NEW DELHI/LONDON, SEPT 29, 2023 Vedanta Limited, India’s largest diversified natural resources company with a significant global footprint announces 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 is committed to best-in-class ESG practices and has ...
Read More »Vedanta Aluminium pavilion at Make In Odisha Conclave-2022 attracts thousands of visitors over five days
TBB BUREAU BHUBANESWAR, DEC 7, 2022 Vedanta Aluminium, India’s largest producer of aluminium, hosted thousands of visitors at its pavilion in the Make In Odisha-2022, the five-day mega investment conclave by the Odisha Government held at Janata Maidan here from November 30 to December 4. Themed on ‘nurturing the art of the past to investing in the metal of the ...
Read More »Delhi Half Marathon renamed ‘Vedanta Delhi Half Marathon’
TBB BUREAU NEW DELHI, SEPT 02, 2022 Indian conglomerate Vedanta Limited announced its support for distance running as it inked a five-year deal as the title sponsor for the world’s prestigious Delhi Half Marathon, promoted by Procam International. The World Athletics Elite Label Race will now be known as Vedanta Delhi Half Marathon. Along with this, the natural resources major will ...
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