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Result(s) found: 44
HC admits PIL over ban on coal handling at Goa port
August 2018
Following a public interest litigation filed (PIL) by NGOs from Vasco for stopping the coal handling facilities at the port, the Panaji bench of the Bombay High Court has issued notices to Mormugao Port Trust, South West Port (SWPL), Adani Mormugao Port Terminal and Vedanta to name a few.
Vedanta to transfer due dividend amount to I-T Dept
June 2017
Cairn Energy Plc said the Indian income tax (I-T) department had issued an order to Vedanta Ltd, directing it to pay the government any sums that were due to the Edinburgh-based company. Cairn said Vedanta owed it $104 million, including historical dividends of $53 million and a further dividend of $51 million after the merger of Cairn India and Vedanta.
Siemens digitalisation solutions to connect Vedanta’s power plant fleet in India
May 2017
Siemens Limited announced that it has secured an order for Digital Fleet Center Solution from Vedanta Ltd., India’s leading natural resources company, to connect its power plant assets at Talwandi Sabo Power Plant (TSPL) in Punjab and Bharat Aluminum Company Limited (BALCO) in Chhattisgarh.
Cairn India, Vedanta merger sealed with revised terms
September 2016
The Boards of Vedanta Limited and Cairn India announced approval of the revised and final terms for the merger. "The Boards of Vedanta Limited and Cairn India have approved revised and final terms for the Transaction, taking into account prevailing market conditions and having regard to underlying commercial factors," a company release stated.
Cairn India, Vedanta merger sealed with revised terms
September 2016
The Boards of Vedanta Limited and Cairn India announced approval of the revised and final terms for the merger.´The Boards of Vedanta Limited and Cairn India have approved revised and final terms for the transaction, taking into account prevailing market conditions and having regard to underlying commercial factors,´ a company release stated.
Cairn gives Vedanta 2 more years to repay
June 2016
Cairn India has extended the repayment period for a $1.25-billion loan to a group company by two years but at a higher interest rate. The loan was given for two years in May 2014, to THL Zinc (TZL), a foreign subsidiary of Vedanta, the parent entity. Cairn India Holdings (CIHL), a subsidiary abroad of Cairn India Ltd, has decided on a two-year extension, the BSE was informed.
CIL to restart mining of Gare Palma IV/1 block
January 2016
State-owned CIL, the designated custodian for Gare Palma IV/1 coal mine in Chhattisgarh, has taken steps to restart mining work of the block, Parliament was informed.
Vedanta Group cuts 4,000 jobs in India so far in 2015
November 2015
Metals and mining conglomerate Vedanta Resources, has slashed nearly 4,000 jobs (about 2,700 direct) across its Indian arms Vedanta Aluminium, Balco, Cairn India and Sesa Goa in the country since January 2015.
Vedanta to invest Rs.20,500 cr in Rajasthan
November 2015
Mining conglomerate Vedanta has set aside more than Rs.20,500 crore towards investment in oil and gas and zinc business in Rajasthan over the next three years. ´With focus on Resurgent Rajasthan Summit to be held in Jaipur on November 19-20, 2015, Vedanta has signed MoUs to invest over Rs.20,000 crore for the expansion of zinc-lead mines and oil business in Rajasthan,´the firm said in a statement.
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