anil agarwal

Police have filed a case against Vedanta Group chairman anil agarwal and plant head Devendra Patel. This follows a deadly blast at Vedanta's power plant in Chhattisgarh on April 14. The explosion killed 21 workers. Investigators found excessive fuel accumulation caused a pressure build-up. The incident occurred in Singhitarai village. Fourteen workers remain hospitalized.

Vedanta's Review Plea On AEL's Plan Dismissed

Billionaire anil agarwal's metals-to-oil group on Wednesday said it will make an upfront payment of almost $40 million (about Rs 292 crore) for the acquisition of Videocon Industries Ltd, which will help it become the largest shareholder in the Ravva oil and gas fields in KG basin.

NEW DELHI: anil agarwal, the well known environmentalist, passed away on Wednesday in Dehra Dun after a long and heroic battle against cancer.

India's government is expected to refuse vital funding for anil agarwal's Vedanta Resources' semiconductor venture with Taiwan's Hon Hai Precision Industry. Vedanta and Hon Hai applied for incentives for the production of 28-nanometer chips, which potentially could have been worth billions of dollars, but India's government ruled the joint venture had not met the criteria set.

The move comes weeks after the killing of 13 protesters in police firing at the firm's copper smelter plant in Tamil Nadu last month that led to political opposition to the company in the UK and drop in its share price.

Vedanta chairman anil agarwal on Monday said the Mamata Banerjee government had contacted him within a fortnight of her party's return to power seeking investments from his industrial group in West Bengal.

Indian mining company Vedanta Group, which is struggling with heavy debt, has secured a five-year loan of about $850m from JPMorgan Chase and Oaktree. The group, owned by billionaire anil agarwal, has a $500m bond due imminently and also needs to pay off approximately $2bn of US-currency bonds by 2024.

On April 21, Supreme Court is scheduled to begin hearing a plea by billionaire anil agarwal’s commodities giant Vedanta Ltd to restart iron ore mining in the nation’s smallest state, known for its palm-fringed beaches and 16th century Portuguese churches. The move has the support of Prime Minister Narendra Modi’s government, which was concerned about an economic slump in Goa even before the virus.

A day after Vedanta Group firms Sesa Goa and Sterlite Industries merged to create Sesa Sterlite, the company on Sunday said the group’s chairman anil agarwal will head the new entity.

A day after publicly announcing its interest in grounded Jet Airways,mining baron anil agarwal on Monday said he is no longer interested in pursuing the same.

Metals and mining magnate anil agarwal will see his stake in flagship Vedanta increase to 65.2% from the existing 55.1%, if he accepts all the shares tendered by minority shareholders in the open offer that closed on Wednesday.

London-listed mining-to-oil conglomerate Vedanta head anil agarwal has sent an SoS to oil minister S Jaipal Reddy to rescue group arm Cairn India’s project to lay a pipeline via Gujarat for shipping crude from its fields in Rajasthan’s Barmer fields.

Cairn Oil & Gas, a unit of Vedanta, will spend as much as $4 billion over the next three years to more than triple its production, as high prices make investments attractive. India’s biggest non-state producer, controlled by billionaire anil agarwal, plans to drill more wells to explore new oil and gas reserves across its 51 blocks in the country, Prachur Sah, deputy chief executive officer of Cairn, said in an interview to Bloomberg TV on Friday.

Launched to regulate traffic movement in the city, the synchronized traffic signals scheme has fallen flat on its face. Timers were installed at all traffic poles set up at main Hazratganj crossing in September and 17 more crossings were to be covered under the scheme. But no progress could be made. Even the one which was functioning at Hazratganj crossing is not functioning.

anil agarwal, chairman of the $30-billion Vedanta Resources, said India is carving a pathway towards self-sufficiency in semiconductors. The demand for semiconductors, he said, is expected to touch $100 billion over the next seven years.

Prime Minister Narendra Modi mourned the sudden passing of Vedanta Group director Agnivesh Agarwal, 49, who died of cardiac arrest after a skiing accident in the US. Agarwal, son of anil agarwal, was recovering well before the tragedy. He was a respected leader, sportsman, and musician, deeply committed to India's self-reliance and societal welfare.

Metals and mining group Vedanta Ltd will announce the contours of a proposal to spin off key businesses into separate listed companies by March-end, its chairman anil agarwal said, as he looks to simplify and streamline the corporate structure to create value.

A day after Vedanta Group firms Sesa Goa and Sterlite Industries merged to create Sesa Sterlite, the company on Sunday said the group's chairman anil agarwal will head the new entity.

Mining baron anil agarwal, who was among the first to evince interest in bidding for Bharat Petroleum Corp Ltd (BPCL), says valuation of the firm is too high and his company Vedanta will evaluate bidding for it when the final bid document is out.

New Delhi, Nov 18 () Mining baron anil agarwal today said the credit rating upgrade by Moody's strengthens India's attractiveness as an investment destination and it is a result of a slew of reforms initiated by the government.

Mining and metal baron anil agarwal’s family trust, Volcan Investments (VI), has submitted an expression of interest (EoI) to revive grounded Jet Airways. While confirming this, the trust pointed out that the move is “exploratory” in nature and that the “EoI is in no way linked to Vedanta”.