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Vedanta Resources News
Vedanta completes deal with Cairn India Nearly 15 months after first announcing the deal, Vedanta Resources on Thursday announced the completion of its acquisition of a controlling stake in Cairn India. Vedanta has acquired 58.5 per cent in Cairn India for a total consideration of $8.67 billion, the third-largest acquisition ever by an Indian enterprise globally. The delay in completing the deal was largely due to differences between the
Summary Box: Cairn stake sale to Vedanta cleared
: India has given final approval for Cairn Energy's $6.5 billion sale of a majority stake in its Indian assets to London-based mining firm Vedanta Resources.
Vedanta Aluminium to raise capacity to 2.5 million tonnes
Vedanta Aluminium Ltd, a subsidiary of the globally-diversified mining group Vedanta Resources PLC, will be expanding its smelting capacity to 2.5 million tonnes in less than a couple of years with an investment of Rs.60,000 crore.
Cairn-Vedanta deal gets Home Ministry approval
Home ministry clears Cairn-Vedanta deal: source
The home ministry has cleared British oil firm Cairn Energy's $6 billion deal to sell a stake in its Indian business to Vedanta Resources in the final government approval needed, a source with direct
GVK content in Australia for now with thermal coal assets
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