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Vedanta owns 70.5% of the share capital of Vedanta Aluminium and Sterlite owns the remaining 29.5% share capital of Vedanta Aluminium. Vedanta Aluminium produces ingots, billets & wire rods that are sold in the markets around the world. Vedanta Aluminium Limited (VAL) has acquired a 24.5% stake in L & T subsidiary Raykal Aluminium.
2. Website. vedantaresources .com. Anil Agarwal (born 1954 [ 1] ), known professionally as " metal king ," is an Indian billionaire businessman who is the founder and chairman of Vedanta Resources Limited. [ 2][ 3] He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. [ 4][ 5]
Vedanta Resources Limited is a diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia [4] and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium ...
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LONDON -- The FTSE 100 has risen 0.57% to 6,313 points this morning. The main force behind the U.K.'s top-tier index appears to be the miners, which are generally up around 2% to 3%. And those in ...
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [ 1][ 2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. [ 3][ 4] NSE Indices had a ...
This improved Sterlite's product mix from aluminum to aluminum foil with the largest market share of 65%. [2] In 1999, the company acquired Copper Mines of Tasmania. [3] In February 2011, Sterlite Industries acquired Lisheen Zinc Mine in Ireland from Taurus International S.A., for a share value of approximately $546 million. [4]
Bharat Aluminium Company Ltd. ( BALCO) was an Indian government owned aluminium producer under Ministry of Mines, Government of India. In 2000, the Ministry of Mines, Government of India sold it to Vedanta Resources when Atal Bihari Vajpayee - Bharatiya Janta Party - National Democratic Alliance -led- government was in power.