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Moody's upgrades Vedanta Resources' corporate family rating to Ba3

2017-11-20 business-standard
Moody's Investors Service today upgraded London-based Vedanta Resources Plc's corporate family rating (CFR) and senior unsecured bond rating and placed a stable rating outlook for the company.

Vedanta set to overtake Aditya Birla group as largest aluminium maker

2017-11-20 business-standard
Anil Agarwal-owned Vedanta Ltd is poised to overtake Aditya Birla group as the largest producer of aluminium in the country in the current fiscal.

I-T dept not to sell Cairn Energy shares to recover tax

2017-11-20 freepressjournal.in
New Delhi : The income tax department will not sell the attached shares of Cairn Energy to recover a Rs 10,247-crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said. Cairn Energy holds 4.95 per cent stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.

India not to sell Cairn Energy's shares to recover tax

2017-11-20 thehindubusinessline
The income tax department will not sell the attached shares of Cairn Energy to recover a Rs 10,247-crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said.

Cairn appoints Nitin Banerjee as General Counsel

2017-11-20 moneycontrol
Cairn, the oil and gas vertical of Vedanta Ltd, today announced the appointment of Nitin Banerjee as General Counsel.

India not to sell Cairn Energy shares to recover tax

2017-11-19 moneycontrol
The income tax department will not sell the attached shares of Cairn Energy to recover a Rs 10,247-crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said.

Govt not to sell Cairn Energy shares to recover Rs 10,247-cr tax

2017-11-19 business-standard
The income tax department will not sell the attached shares of Cairn Energy to recover a Rs 10,247-crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said. Cairn Energy holds 4.95 per cent stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.

India not to sell Cairn Energy shares to recover tax

2017-11-19 livemint
New Delhi: The income tax department will not sell the attached shares of Cairn Energy to recover a Rs10,247 crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said.

I-T Dept not to sell Cairn Energy shares to recover Rs 10,247-cr tax

2017-11-19 business-standard
The income tax department will not sell the attached shares of Cairn Energy to recover a Rs 10,247-crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said. Cairn Energy holds 4.95 per cent stake in Vedanta Ltd that the income tax department had attached in January 2014 after slapping the British firm with a Rs 10,247-crore tax demand over a decade-old internal reorganisation of Indian business.

Odisha recommends expansion of Vedanta’s alumina refinery

2017-11-16 livemint
New Delhi: Odisha on Thursday recommended the expansion of Vedanta Ltd’s Lanjigarh Alumina refinery from 1 million tonnes to 6 million tonnes, an investment that would cost the company Rs6,483 crore ($993 million).

Odisha state committee recommends expansion of Vedanta's alumina refinery

2017-11-16 in.reuters
NEW DELHI (Reuters) - An Indian state committee on Thursday recommended the expansion of Vedanta Ltd’s Lanjigarh Alumina refinery from 1 million tonnes to 6 million tonnes, an investment that would cost the company 64.83 billion Indian rupees ($993 million).

ONGC, Cairn bid for 41 oil and gas areas

2017-11-16 freepressjournal.in
New Delhi : State-owned ONGC and Vedanta Ltd on Wednesday emerged as the biggest bidders for oil and gas blocks, putting in 41 out of 56 bids received in India’s maiden auction under open acreage licensing regime.

Odisha pollution board lifts ban on 5 power units till Jan 12: Vedanta

2017-11-15 business-standard
Vedanta Ltd on Wednesday said the State Pollution Control Board (SPCB) of Odisha has allowed it to resume operation at all the units of two power plants up to January 12. The board had earlier ordered the company to close temporarily five units -- three 135 Mw each of 1,215 Mw plant and two 600 Mw each of 2,400 Mw plant -- for breaching pollution norms.

Pollution board lifts ban on 5 power units till Jan 12: Vedanta

2017-11-15 moneycontrol
Vedanta Limited today said the State Pollution Control Board (SPCB) of Odisha has allowed it to resume operation at all the units of two power plants up to January 12.

CUSIP: 92242Y100