Vedanta Resources Ltd (VRL) is a ‘parasite’ holding company with no significant operations of its own, propped up entirely by cash extracted from its dying ‘host’: Vedanta Ltd (VEDL), Viceroy said in an 85-page report
A significant portion of the contribution came from Vedanta’s Rajasthan and Odisha operations, reflecting its focus on transparent and responsible governance
The company will announce the effective date of relieving of CFO, G R Arun Kumar and details of the successor in due course, Vedanta Ltd said in a filing to BSE
The firm has now won an international arbitration against the tax demand and the government has been ordered to return the value of shares of Cairn it had sold
Adani Enterprises made a final offer of 20.75 per cent revenue sharing for Gondulpara coal mine which has a geological reserves of 176.33 million tonnes
License to explore and produce oil and gas from Barmer was due to renewal in May this year, but pending settlement of the dispute the government has given five extensions
