Anil Agarwal

Friday, Apr 19, 2024 | Last Update : 02:12 PM IST

Vedanta's Chief Executive Officer Srinivasan Venkatakrishnan, at the post-earnings conference call, said the primary reason for the drop in profit was decline in commodity prices.

Vedanta Q1 profit drops 11.8 per cent to Rs 1,351 crore

Vedanta had posted a consolidated profit 'attributable to owners of Vedanta Ltd' of Rs 1,533 crore in the year-ago period.

26 Jul 2019 7:08 PM

As India's largest private sector oil and gas producer, our company aims to double its current contribution of 27 per cent of nation's production, Vedanta's Chairman Navin Agarwal said at its Annual General Meeting. (Photo: File)

Spent Rs 10,000 crore on capital expenditure in FY19: Vedanta

India imports around 80 pc of its oil and gas requirements, amounting to USD 150 billion, said Vedanta's Anil Agarwal..

11 Jul 2019 1:04 PM

If we can double the oil production and raise gold output to 300 tonnes, the entire current account deficit (CAD) will be wiped out, said Anil Agarwal. (Photo: File)

Privatise mining to cut back USD 400 bn of imports: Vedanta's Anil Agarwal

Vedanta's Anil Agarwal asserted that increased mining can add USD 500 billion to the economy and create two crore jobs.

24 Jun 2019 3:57 PM

Mahindra Group Chairman Anand Mahindra said that Modi is set to become the most powerful democratically-elected leader in the world after the thumping win.

India Inc hails 'NaMo again', watches for bold reforms in NDA 2.0

NDA 2.0 must unleash bold initiatives to transform the economy, said industry captains.

23 May 2019 7:49 PM

A company spokesperson confirming the resignations said: "Such movements in management are part of natural evolution in any organization, and are in line with career aspirations and personal priorities of individuals.

Vedanta-led Cairn India CEO, CFO quit firm

Along with CEO Sudhir Mathur, CFO Pankaj Kalra also resigned recently, sources privy to the development said.

11 Apr 2019 2:42 PM

Vedanta has denied it is responsible for pollution or human rights abuses.

Vedanta shareholders back London delisting amid protest

The cancellation of the listing was confirmed at a final London shareholders’ meeting.

02 Oct 2018 9:06 AM

An activist group in the UK is planning to stage a "loud" demonstration outside the final annual general meeting of Indian mining tycoon Anil Agarwal's Vedanta Resources here on Monday to demand justice for the 13 protesters killed in a police shooting at the company's copper smelter in Tamil Nadu in May.

Protests planned at Vedanta's final company meet in UK

The report will be handed to the FCA as part of a series of protests on Monday.

30 Sep 2018 12:14 PM

Vedanta Resources Plc Chairman Anil Agarwal will take the London-listed miner private on October 1, after the holders of 26 per cent of shares agreed to sell to his family trust Volcan Investments.

Vedanta Resources Chairman Anil Agarwal to take miner private on October 1

Volcan now holds or has received acceptances for 92.31 per cent of Vedanta’s shares.

03 Sep 2018 2:01 PM

Vedanta Resources' new chief executive Srinivasan Venkatakrishnan believes the oil-to-aluminum group can turn into one of the world's largest resource companies by expanding outside India without compromising on growth within the country.

Vedanta CEO sees firm emerging as one of world's largest resource companies

The company has already demonstrated the potential in terms of the growth trajectory it has witnessed in past few years.

02 Sep 2018 12:29 PM

Mining mogul Anil Agarwal-led Vedanta Ltd has bagged 41 out of 55 oil and gas exploration blocks offered in India's maiden open acreage auction, upstream regulator DGH said on Tuesday.

Vedanta bags 41 oil blocks, OIL 9, ONGC 2 in India's maiden auction

Vedanta, which had put in bids for all the 55 blocks, won right to explore and produce oil and gas in 41 of them.

28 Aug 2018 4:30 PM

Vedanta Limited has said it will be investing USD 2.3 billion towards capex on its oil and gas activities in the 'near term' to increase the reserve base by around 375 million barrels.

Vedanta to invest USD 2.3 billion in 'near term' on oil and gas

Vedanta aims to increase production from the current 2,00,000 barrels of oil equivalent per day to 3,00,000 bpd.

19 Aug 2018 3:34 PM

Vedanta on Thursday said it is yet to receive notification from the Madras High Court on the latter issuing notice to the group's Sterlite Copper plant on a petition seeking Rs 750 crore compensation and asserted that it will evaluate further course of action upon study of the same.

Yet to receive notification from Madras HC on Sterlite petition: Vedanta

The Madras High Court had earlier this week issued a notice to the Sterlite Copper plant.

16 Aug 2018 1:17 PM

Anil Agarwal-led Vedanta Ltd is likely to bag as many as 40 oil and gas exploration blocks in India's maiden open acreage auction, official sources said on Tuesday.

Vedanta set to bag 40 oil blocks, ONGC 2 and HOEC 1 in open auction

The recommendations of the panel will now go to ministers of finance and petroleum for approval.

07 Aug 2018 2:57 PM

Miner Vedanta Resources Plc, which is set to taken private by Chairman Anil Agarwal, reported on Monday a 26.3 per cent rise in first-quarter core earnings on higher commodity prices.

Vedanta's quarterly core earnings rise; India copper output drops

Copper production from India fell 73.3 per cent in the quarter after the company closed its facility in southern India.

06 Aug 2018 12:17 PM

Metals and mining giant Vedanta Ltd on Tuesday posted barely 2.13 per cent rise in consolidated net profit to Rs 1,533 crore for the first quarter ended June 30, 2018-19.

Vedanta Q1 net profit up 2 per cent to Rs 1,533 crore

The consolidated total income during the first quarter of the current fiscal increased to Rs 22,624 core.

31 Jul 2018 7:37 PM

Vedanta Resources chairman Anil Agarwal.

Anil Agarwal given more time to make firm offer for Vedanta Resources

Volcan on July 2 that it planned to offer minority shareholders 825 pence a share to acquire the 33.5 per cent of Vedanta.

31 Jul 2018 9:13 AM

Shares in the company were trading down 2.74 per cent at 202.50 rupees.

Vedanta says Tuticorin copper smelter shutdown could cost USD 100 million: TV

Vedanta has sought a permanent injunction against the state government from interfering with the operations of its copper smelter.

20 Jul 2018 3:14 PM

Sterlite Copper CEO P Ramnath told PTI that statistics don't bear out "myths" like Tuticorin being the cancer capital of Tamil Nadu and the firm's factory the biggest polluter in the region. (Photo: PTI)

NGOs planned closure of Tuticorin copper smelter, says CEO

Stating that the plant followed strict pollution control standards, he said there was "zero discharge" of sulphur.

17 Jul 2018 2:29 PM

Mining mogul Anil Agarwal on Monday said his plan to delist his flagship Vedanta Resources Plc from London Stock Exchange and take it private is no way linked to the Tuticorin incident and is merely an exercise to simplify a sprawling business empire. (Photo: PTI)

Vedanta delisting not related to Tuticorin incident, says Anil Agarwal

The move to delist Vedanta came weeks after killing of 13 protesters in police firing at the firm's copper smelter plant in Tamil Nadu.

03 Jul 2018 4:35 PM

Yoga guru Baba Ramdev met Vedanta boss Anil Agarwal and his wife in London. (Photo: Twitter/@yogrishiramdev)

Baba Ramdev backs Sterlite after meeting Vedanta boss, heaps praise on Anil Agarwal

Baba Ramdev claimed that the anti-Sterlite protestors in Tuticorin were instigated by 'international conspirators'.

26 Jun 2018 3:51 PM

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