News for 'Vedanta'

Odisha govt lens on Vedanta plant over excess water usage

Odisha govt lens on Vedanta plant over excess water usage

Rediff.com28 Aug 2026

Vedanta Ltd's aluminium plant in Jharsuguda, Odisha, is under regulatory scrutiny by the state's Water Resources department regarding its water sources and drawal history. This follows a complaint alleging unauthorised groundwater extraction and previous financial demands for illegal water use, with the National Green Tribunal also seeking responses on environmental concerns.

Vedanta Pours Over $1 Billion into Net-Zero Transition for FY26

Vedanta Pours Over $1 Billion into Net-Zero Transition for FY26

Rediff.com19 Aug 2026

Mining major Vedanta has invested over $1 billion in net-zero transition initiatives for FY26, focusing on renewable energy, lower-carbon fuels, energy efficiency, and technology-led interventions to drive its decarbonisation efforts.

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Vedanta targets $10 billion Ebitda by FY27, plans to cut debt by over Rs 20,000 crore

Rediff.com10 Aug 2026

Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com24 Jun 2026

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

Enforcement Directorate Investigates Vedanta Group For Forex Violations

Enforcement Directorate Investigates Vedanta Group For Forex Violations

Rediff.com2 Jun 2026

The Enforcement Directorate has launched a foreign exchange violation investigation against Vedanta Group, conducting searches at its premises in multiple locations.

Why The ED Searched Vedanta Group Under FEMA

Why The ED Searched Vedanta Group Under FEMA

Rediff.com2 Jun 2026

The Enforcement Directorate (ED) has conducted searches against the Vedanta Group as part of a Foreign Exchange Management Act (FEMA) probe, officials said on Tuesday. The action was launched against the mining conglomerate on Monday, initiated after the central agency began investigating the Anil Agarwal-promoted company.

Why Pay Hikes Remain Muted

Why Pay Hikes Remain Muted

Rediff.com31 Aug 2026

Surging growth in sales by companies hasn't translated into higher salaries just yet.

First-ever Ganga Aarti held on River Thames in UK

First-ever Ganga Aarti held on River Thames in UK

Rediff.com6 days ago

Thousands gathered on the banks of the River Thames in London for the first-ever Ganga Aarti, a traditional Hindu ceremony of light and thanksgiving. Organised by Chinmaya Mission UK as part of the 'Totally Thames' festival, the event symbolised gratitude for nature and knowledge, while also celebrating 75 years of the Chinmaya Mission. The ceremony was conducted on land to ensure environmental responsibility.

Sports Minister Mandaviya Directs Hockey India To Revive Cash-Strapped League

Sports Minister Mandaviya Directs Hockey India To Revive Cash-Strapped League

Rediff.com5 days ago

The Sports Ministry has formed a five-member committee to address the financial viability and sustainability of the Hockey India League (HIL). Sports Minister Mansukh Mandaviya met with Hockey India officials and franchise representatives, directing them to develop a comprehensive plan for the league's revival, which has faced challenges since its return last year.

Sports Ministry Steps In To Revive Hockey India League

Sports Ministry Steps In To Revive Hockey India League

Rediff.com5 days ago

The Sports Ministry, led by Mansukh Mandaviya, has formed a five-member committee to develop a comprehensive roadmap for the financial viability and sustainability of the cash-strapped Hockey India League (HIL). This initiative follows concerns about the league's long-term future, which was revived last year after a seven-year hiatus. The committee will include representatives from Hockey India, franchises, and the Sports Ministry, tasked with presenting a report on governance, financial models, and league structure.

Mental Fortitude Propels Nikhil Singh To Ladakh Marathon Victory

Mental Fortitude Propels Nikhil Singh To Ladakh Marathon Victory

Rediff.com7 days ago

Nikhil Singh, an Indian elite runner from Mumbai, unexpectedly won the high-altitude Ladakh Marathon, attributing his success to mental strength and strategy.

Govt inks pact with 4 spiritual bodies to boost 'drug-free India' drive

Govt inks pact with 4 spiritual bodies to boost 'drug-free India' drive

Rediff.com9 Sep 2026

The Indian government has expanded its Nasha Mukt Bharat Abhiyaan by signing agreements with four spiritual organisations. These partnerships aim to enhance grassroots awareness, prevention, recovery, and social mobilisation efforts against substance abuse, leveraging the extensive reach of these groups.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Vedanta Power Plant Blast: Death Toll Climbs To 24

Vedanta Power Plant Blast: Death Toll Climbs To 24

Rediff.com19 Apr 2026

The death toll in the Vedanta power plant blast in Chhattisgarh's Sakti district has risen to 24, with one more worker succumbing to injuries. An investigation is underway to determine the cause of the explosion, which occurred in a steel tube carrying high-pressure steam.

What triggered deadly blast at Vedanta power plant in Chhattisgarh

What triggered deadly blast at Vedanta power plant in Chhattisgarh

Rediff.com17 Apr 2026

A preliminary investigation into the Vedanta power plant explosion in Chhattisgarh points to excessive fuel accumulation as the primary cause, leading to a deadly pressure build-up.

Ambanis Worth Rs 25.8 Trillion!

Ambanis Worth Rs 25.8 Trillion!

Rediff.com12 Aug 2026

India's 10 most valuable families had a combined valuation of Rs 70.5 trillion.

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Odisha govt slaps Rs 233 crore penalty on Vedanta for 'illegal' water extraction

Rediff.com4 May 2026

The Odisha government has issued a notice to Vedanta Aluminium Limited, Jharsuguda, demanding 233.11 crore for allegedly extracting over 30 lakh cubic metres of water monthly from the Bheden river system without authorisation between May 2025 and April 2026, a charge the company denies, claiming compliance with existing agreements.

Vedanta Chairman Faces FIR Over Fatal Chhattisgarh Power Plant Explosion

Vedanta Chairman Faces FIR Over Fatal Chhattisgarh Power Plant Explosion

Rediff.com16 Apr 2026

Chhattisgarh police have filed an FIR against Vedanta Group chairman Anil Agarwal and others following a deadly explosion at the company's power plant in Sakti district, which resulted in 20 fatalities and several injuries.

Police Investigate Vedanta Plant Blast That Killed 20 in Chhattisgarh

Police Investigate Vedanta Plant Blast That Killed 20 in Chhattisgarh

Rediff.com16 Apr 2026

Chhattisgarh police have filed an FIR against management officials and others following a deadly explosion at a Vedanta power plant in Sakti district that resulted in 20 fatalities.

Will Dara Singh Be Released Soon?

Will Dara Singh Be Released Soon?

Rediff.com2 Sep 2026

'Dara's case can strengthen the perception among sections of the BJP's traditional support base.'

13 killed, 21 injured in blast at Vedanta power plant in Chhattisgarh

13 killed, 21 injured in blast at Vedanta power plant in Chhattisgarh

Rediff.com15 Apr 2026

A boiler explosion at a power plant in Chhattisgarh's Sakti district resulted in nine fatalities and fifteen injuries, prompting rescue operations and a government investigation.

Vedanta Kalinga Lancers crowned HIL champions

Vedanta Kalinga Lancers crowned HIL champions

Rediff.com26 Jan 2026

Vedanta Kalinga Lancers beat Ranchi Royals 3-2 in final to clinch men''s HIL title

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

India's Demerger Trend Soars: Over $40 Billion in Deals in 2025

Rediff.com4 Jun 2026

Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

Rediff.com17 Dec 2025

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.

HIL: Vedanta Kalinga Lancers pip Shrachi Bengal Tigers

HIL: Vedanta Kalinga Lancers pip Shrachi Bengal Tigers

Rediff.com8 Jan 2026

Vedanta Kalinga Lancers register 2-1 win over Shrachi Bengal Tigers, move to 2nd spot in men's HIL

'India Has Enough Oil And Gas Beneath The Soil'

'India Has Enough Oil And Gas Beneath The Soil'

Rediff.com13 Jun 2026

'Exploration should be made easier and companies should be given operational flexibility.'

Higher prices, demerger to boost margins, unlock value for Vedanta

Higher prices, demerger to boost margins, unlock value for Vedanta

Rediff.com27 Dec 2025

Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.

Bihar Government Considers Proposal For IPL Team

Bihar Government Considers Proposal For IPL Team

Rediff.com22 May 2026

Bihar's Chief Minister Samrat Choudhary has indicated the state government will consider a proposal to form its own Indian Premier League (IPL) team, following a suggestion from Vedanta Group Chairman Anil Agarwal. Sports Minister Shreyasi Singh also expressed support for the initiative, highlighting the state's readiness to host IPL matches.

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Hindustan Zinc To Generate 2,000 Crore Through AI Solutions

Rediff.com15 May 2026

Hindustan Zinc Ltd (HZL) plans to generate 2,000 crore in value by implementing artificial intelligence-driven solutions across its mining and manufacturing operations. This initiative is part of a broader industry trend to adopt digital technologies for cost reduction, margin improvement, and enhanced environmental and social governance.

Chhattisgarh Plant Blast: Death Toll Climbs To 21

Chhattisgarh Plant Blast: Death Toll Climbs To 21

Rediff.com17 Apr 2026

The death toll from the April 14 blast at Vedanta's power plant in Chhattisgarh's Sakti district has risen to 21, with several others hospitalised. Investigations are underway to determine the cause of the explosion, with preliminary findings pointing to excessive fuel accumulation in the boiler furnace.

NCLT defers Vedanta demerger hearing to Sep 17

NCLT defers Vedanta demerger hearing to Sep 17

Rediff.com20 Aug 2025

The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.

SC judge recuses from hearing plea against Vedanta

SC judge recuses from hearing plea against Vedanta

Rediff.com8 Sep 2025

Supreme Court judge Justice K Vinod Chandran on Monday recused from hearing a plea seeking directions to authorities to investigate allegations made by US short seller Viceroy Research that billionaire Anil Agarwal's mining conglomerate was "financially unsustainable" and posing severe risk to creditors.

Tempo Driver Detained After Fatal Palghar Collision

Tempo Driver Detained After Fatal Palghar Collision

Rediff.com19 May 2026

Police have detained a tempo driver after a collision with a truck in Palghar, Maharashtra, which resulted in 13 fatalities. An FIR has been registered against both drivers for violating road rules. The accident occurred due to heavy traffic and the tempo driver taking a wrong-side shortcut.

Kidnapped Youth Rescued In Hapur, Six Arrested

Kidnapped Youth Rescued In Hapur, Six Arrested

Rediff.com23 Apr 2026

A youth kidnapped five days ago was rescued by police in Hapur, Uttar Pradesh, and six people, including a woman, were arrested. Police also recovered part of the ransom money, weapons and a car used in the crime.

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Rediff.com5 Sep 2025

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.

Record Number Of Participants Expected At TCS World 10K Bengaluru

Record Number Of Participants Expected At TCS World 10K Bengaluru

Rediff.com18 Apr 2026

The 18th edition of the TCS World 10K Bengaluru is set to welcome a record number of participants, with elite athletes and a substantial prize purse adding to the excitement.

PSU stakes can go below 51% with a golden share' shield

PSU stakes can go below 51% with a golden share' shield

Rediff.com25 Mar 2026

The Parliamentary Standing Committee on Finance has asked the finance ministry to spell out a clear legal strategy, including options such as a "golden share" or indirect control structures, to maintain strategic oversight in public sector entities if state ownership falls below 51 per cent.

Gulf War: Stocks That Could Buck The Trend And Shine

Gulf War: Stocks That Could Buck The Trend And Shine

Rediff.com14 Apr 2026

10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.