Anil Agarwal to delist group flagship Vedanta Resources from LSE

The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure.  IMAGE: Anil Agarwal. Photograph: Rediff Archives Mining......

Vedanta deal: Cairn Energy may pay $1 bn tax

The Finance Ministry on Monday said Cairn Energy Plc is likely to pay close to $1 billion as capital gains tax on the $8.48 billion it expects to get from selling majority stake in its India arm to......

Ratings agencies downgrade Vedanta

Standard & Poor's Ratings Serviceshas said that it has placed its earlier 'BB' long-term corporate credit rating on London-based metals and mining company Vedanta Resources Plc, and the rating on......

Vedanta plans second plant in Chhattisgarh

The London-based Vedanta Resources Plc plans to put up another aluminium plant in Chhattisgarh. The company already has Bharat Aluminium company at Korba. "We would conduct feasibility survey for......