Vedanta News

Vedanta has also entered into a partnership with GAIL (India) Limited to source natural gas, a clean fuel source, for powering its casthouse operations.

All-India Electrical Safety awareness programme was organised on Wednesday on the occasion of 'Electrical Safety Day', the Ministry of Power said.

Anil Agarwal's story is of a man who did not give up despite several failures because he had bigger dreams and achieved them  through unrelenting hard work and perseverance. 

Taiwanese electronics manufacturing giant Foxconn and mining behemoth Vedanta are committed to the semiconductor mission and the Make-in-India programme of the country, Union Minister of Electronics and IT Ashwini Vaishnaw said on Monday.

Foxconn was supposed to execute a $19.5 billion semiconductor joint venture with metals to oil conglomerate Vedanta. Foxconn and Vendanta had signed a MoU in 2022 to establish semiconductor and display production parts in Gujarat, the home state of PM Modi.

India's improved outlook in many ways is attributable to the government's quest for self-reliance in manufacturing, minerals and resources. Its importance was accentuated in the aftermath of the pandemic and the Russia-Ukraine conflict, which saw heightened uncertainties and geopolitical tensions globally.

Vedanta ltd has reported a 40.8% drop in a consolidated net profit on Friday for the 3rd quarter that ended on December 31, 2022. 

Capital markets are volatile and investor appetite remains selective, so refinancing risks will remain elevated particularly for high-yield issuers such as Vedanta, which accounts for around 47 per cent of the upcoming bond maturities, it opined in a report on December 1.

Foxconn said it had signed a memorandum of understanding with oil-to-metals group Vedanta to make semiconductors. Foxconn said it would invest $118.7 million to set up a joint venture company with Vedanta.

Avanstrate has applied for setting up a semiconductor plant and a display manufacturing unit. Vedanta has signed a memorandum of understanding with electronics manufacturing services giant Foxconn to form a joint venture company. The joint venture company will manufacture semiconductors in India.

Foxconn said it would invest $118.7 million to set up a joint venture company with Vedanta. The company has also in recent years announced plans to become a major player in the global EV market.

The fund will be made of Vedanta's own resources and outside investment. The idea is to create a fund with a 10-year life span that will use a private equity-type strategy, buying into companies and boosting their profitability before seeking an exit.

Cairn Energy gave India its biggest onland oil discovery. The company had sold the India unit to Vedanta Group in 2011. The sale included the transfer of the Cairn brand name to Vedanta.

Vedanta’s Sterlite plant rolled out first batch of Medical Oxygen Tamil Nadu government had recently allowed it to operate solely for oxygen production

The amount is over and above Rs 201 crore that was spent by Vedanta Group in 2020. The company will create additional capacity of 1,000 critical care beds in 10 cities. Each facility will have 100 beds in an air-conditioned tent with full electrical support and designed specifically for COVID care.

Agarwal-controlled Vedanta Resources will offer Rs 87.5 per share to nearly 49 per cent public shareholders of Vedanta Ltd.

Vedanta holds 100 per cent participating interest in the block.

Modern psychology suffers from gaps, which the teachings of Vedanta address at a fundamental level.

The South African President acknowledged Vedanta's contribution in South Africa's growth journey.

The statements of the family members of the thirteen victims who died have been recorded along with statements of those who were injured in the firing.