Vedanta News 

Zambian court rejects Vedanta bid to join liquidation case

A Lusaka court on Thursday ruled Vedanta Resources could not be included in proceedings to wind up its Konkola Copper Mines (KCM) business in Zambia.
Reuters India - Published

Drunken goons thrash Alt Balaji's film crew, Mumbai cops 'extort Rs 50,000'

drunken goons thrash alt balaji's film crew, mumbai cops 'extort rs 50,000'
Four drunk goons allegedly assaulted the crew of Alt Balaji's upcoming show Fixxer on Ghodbunder Road on Wednesday. The cast — Mahie Gill, Tigmanshu Dhulia, Shabbir Ahluwalia and Karishma Sharma —..
Mid-Day - Published

Poetry and Vedanta

Among the many avataras of the Supreme One, the Krishna avatara is the best, for in this avatara He was an Acharya, guiding Arjuna, and thereby giving
Hindu - Published

Sensex drops over 150 points, Nifty slips below 11,800-mark in early trade; Vedanta, Tata Steel, Coal India among top losers

Sensex was trading 175.29 points or 0.44 percent lower at 39,276.78 at 0930 hours
Firstpost - Published

Konkola Copper Mines plans to restart smelter on June 22

Konkola Copper Mines (KCM), owned by Vedanta Resources, plans to restart its Nchanga smelter on June 22, the company said on Wednesday.
Reuters India - Published

Court set to hear case on winding up Vedanta's Zambian business June 20

A Lusaka court said on Tuesday a hearing had been provisionally set for June 20 to consider an application by Vedanta Resources to be represented by its own lawyers in proceedings to wind up its..
Reuters India - Published

Vedanta to challenge winding up of Zambian business in court

Vedanta Resources on Tuesday plans to challenge the appointment of a provisional liquidator and the intended winding up of its Zambian business without the chance to be heard through lawyers of its..
Reuters India - Published

India is in 'satyug' under Modi government: Vedanta Chairman

The Modi government should focus on exploiting the vast reserves of iron ore and other metals as well as gold and oil and gas that will help reduce the import bill and create jobs
DNA - Published

World Environment Day: Twitterati celebrates nature

A platform for action World Environment Day is the United Nations day for encouraging worldwide awareness and action to protect our environment. Since it began in 1974, the event has grown to become a..
Mid-Day - Published

Vedanta's Zambia court hearing adjourned for a week

A court hearing following Zambia's decision to name a provisional liquidator to run Vedanta Resources' Konkola Copper Mines (KCM) business was adjourned for a week on Tuesday without tackling Vedanta's..
Reuters India - Published

Production stalled at Vedanta Resources' Konkola Copper Mines

Zambia's Konkola Copper Mines (KCM) is not producing copper, the chief executive of the mining firm's owner Vedanta Resources said on Friday.
Reuters India - Published

Vedanta seeks international arbitration to settle Zambia dispute

Global mining conglomerate Vedanta Resources said on Friday it was seeking international arbitration over Zambia's appointment of a provisional liquidator to run the company's Konkola Copper Mines..
Reuters India - Published

Explainer: Zambia's moves on Vedanta, KCM alarm mining industry

LUSAKA/LONDON - Zambia's decision to name a provisional liquidator to run Vedanta Resources' Konkola Copper Mines (KCM) business, one of the country's biggest employers, has rattled international..
Reuters India - Published

Vedanta appoints MK Sharma as non-executive independent director with effect from 1 June

MK Sharma has previously held the position of vice-chairman at Hindustan Unilever, the company statement said
Firstpost - Published

Vedanta says executives unable to visit KCM Zambia operation, engage with management

Global mining conglomerate Vedanta said on Friday its executives were unable to visit its Zambian Konkola Copper Mines (KCM) operation and engage with local management in a setback to efforts to ease..
Reuters India - Published

Zambia's Konkola mines case a 'warning' to foreign investors

Zambia says its decision to punish miner Vedanta's local operation for breaching environmental and financial regulations is a signal to other firms to follow the law, mines minister Richard Musukwa..
Reuters India - Published

Narendra Modi swearing-in ceremony: Ambani, Tata and other corporate honchos attend

*New Delhi:* Industrialist Mukesh Ambani, veteran industry leader Ratan Tata, steel baron L N Mittal and Adani Group head Gautam Adani were among the who's who of corporate India present at the grand..
Mid-Day - Published

Vedanta's Anil Agarwal says willing to invest in Zambia

Vedanta's Chairman Anil Agarwal said on Wednesday he was prepared to invest in increasing Zambian copper production to 400,000 tonnes, creating another 10,000 jobs at Konkola Copper Mines (KCM), but..
Reuters India - Published

Sensex, Nifty turn choppy amid weak global cues, fresh selling by FIIs; SBI, Vedanta, ICICI Bank stocks slip

After falling over 100 points in the opening session, the 30-share index was trading 40.01 points or 0.10% lower at 39,709.72
Firstpost - Published

Market continues to be euphoric: Sensex rises over 100 points, Nifty above 11,900 on domestic, global cues; Yes Bank, Vedanta among early gainers

Sensex was trading 98.04 points or 0.25 percent higher at 39,781.33. Similarly, the broader NSE Nifty rose 24.75 points or 0.21% to 11,949.50.
Firstpost - Published

Vedanta CEO open to dialogue with Zambia

Vedanta Resources is open to dialogue with the Zambian government but will defend its legal rights and opposes the appointment of a provisional liquidator at its Konkola Copper Mines business, the..
Reuters India - Published

Vedanta's Zambia liquidation case adjourned until June 4

A court hearing between Vedanta and the government of Zambia over control of its Konkola Copper Mines (KCM) business was adjourned on Friday until June 4.
Reuters India - Published

Vedanta says to challenge appointment of provisional liquidator of Zambia's KCM

Vedanta Resources said on Thursday it will challenge in court a decision by Zambia's High Court to appoint a legal firm as a provisional liquidator of Konkola Copper Mines (KCM).
Reuters India - Published

Sensex slips 299 points after hitting 40,000 mark as Narendra Modi wins election

Equity benchmark indices gave up early gains and slipped into the red on Thursday after the Sensex breached 40,000 marks briefly and Prime Minister Narendra Modi-led coalition won a back-to-back..
Mid-Day - Published

Vedanta, KCM seek urgent Zambia talks, court appoints liquidator

Mining company Vedanta and its Zambian unit Konkola Copper Mines (KCM) said they were seeking urgent talks with the Zambian president following a high court order on Tuesday to appoint a provisional..
Reuters India - Published

A year on, anti-Vedanta protesters say still await justice

A year after Indian police killed 13 people protesting against pollution from a copper smelter in this hardscrabble southern port city, tensions within the community and between residents and the..
Reuters India - Published

Zambia seeks 'divorce' from Vedanta over alleged mining breaches

Zambia plans to strip Vedanta-controlled Konkola Copper Mines (KCM) of its mining licence and bring a new investor into the operation, in a move likely to stoke international miners' concerns about..
Reuters India - Published

Zambia seeks new investor in Vedanta-controlled copper miner

Zambia has started to look for a new investor in Vedanta-controlled Konkola Copper Mines (KCM), President Edgar Lungu said on Monday, in a move likely to stoke international miners' concerns about..
Reuters India - Published

Markets soar in early trade post-exit polls: Sensex zooms 942 points to 38,893, Nifty vaults past 11,650-mark, rupee gains 79 paise

Top gainers in the Sensex pack include Maruti, L&T, SBI, ICICI Bank, RIL, M&M, IndusInd Bank, Axis Bank, Yes Bank and Vedanta, rising up to 4 percent.
Firstpost - Published

Sensex, Nifty start on tepid note tracking mixed cues from global markets; Tata Motors, Vedanta, Infosys among top gainers

Sensex was trading 8.25 points or 0.02% higher at 37,123.13 and NSE Nifty was also trading 2.05 points or 0.02% up at 11,159.05.
Firstpost - Published

Volatility continues in stocks markets, Nifty hovers below 11,200

Equity benchmark indices slipped into the negative zone during morning trade on Tuesday following subdues in Asian markets. Sectoral indices at the National Stock Exchange were mixed with banking,..
Mid-Day - Published

CPI opposes hydro-carbon project in Tamil Nadu

The Communist Party of India (CPI) on Monday voiced strong opposition to the granting of permission to companies like Vedanta and the ONGC to carry out an Environmental Impact Assessment (EIA) for..
Sify - Published

Canada: U.K. Supreme Court Opens Door To Broader Scope Of Liability Of Parent Company For Subsidiary's Operations - Goodmans LLP

The plaintiffs have sought damages from both KCM and Vedanta for negligence.
Mondaq - Published

Sensex tanks 488 points on US-China trade fears

On the BSE index, Reliance Industries, Bajaj Finance, Tata Motors, Bajaj Auto, SBI and Vedanta were among the major loser with their stocks sliding as much as 3.35 per cent. 27 out of 30 stocks on the..
IndiaTimes - Published

Nifty, Sensex fall for sixth session as Zee, Vedanta drag

Indian shares fell on Wednesday, tracking broader Asian equities, with investors switching to safe-haven government bonds as risk appetite was dented on worries of an unsuccessful U.S.-China trade..
Reuters India - Published

Vedanta's Q4 consolidated net profit declines 43% - Published

Sensex drops 250 points; Nifty below 11,450-mark led by losses in global markets; ONGC, Vedanta, HUL, among major losers

Sensex was trading 205.12 points or 0.54% lower at 38,071.51, while the NSE Nifty was down 63.65 points or 0.55% at 11,434.25
Firstpost - Published

Mining major Vedanta's Q4 profit drops to Rs 2,615 crore - Published

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