Tag: Anil Agarwal

Vedanta raises open offer price for Indian unit by 4% to Rs 235 per share

Vedanta Limited had announced in October last year that its delisting offer had failed due to the requisite number of shares not being offered by the shareholders.

March 17, 2021

Electrosteel takeover: Lenders validate eligibility of Vedanta, Tata Steel

In a battle for taking over insolvent Electrosteel Steels, lenders to the steel producer on Thursday decided to go ahead with Vedanta, rejecting objections raised by the Renaissance Steel on the eligibility of the former to bid for debt-laden company. The Kolkata bench of the National Company Law Tribunal (NCLT) on March 20, had directed …

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March 30, 2018

BJP avenges by-poll defeat, wins UP Rajya Sabha cliffhanger

Avenging its defeat at the hands of SP-BSP combine in Gorakhpur and Phulpur Lok Sabha constituencies, the BJP on Friday scored a major victory when its candidate defeated a BSP nominee for the 10th seat in the Rajya Sabha biennial elections in which Finance Minister Arun Jaitley and actor Jaya Bachchan of the SP were …

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March 24, 2018

Vedanta urges govt to resolve retrospective tax issues

Mining mogul Anil Agarwal-led Vedanta Ltd has asked the government to resolve retrospective tax issues to give comfort to foreign investors to invest in the almost stagnant domestic oil and gas exploration sector. Vedanta, which in 2011 bought Cairn India to enter oil business, is facing a Rs 20,495 crore tax demand that was raised …

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January 14, 2018