ED raids Vedanta-linked locations in FEMA probe over alleged brand fee payments
Enforcement Directorate (ED) teams searched one premises each in Delhi and Mumbai during the search operation.
Enforcement Directorate (ED) teams searched one premises each in Delhi and Mumbai during the search operation.
Vedanta shares saw a sharp drop after turning ex-demerger, with price adjustment reflecting restructuring as investors track eligibility, new entities and future value unlocking potential.
Tweeting from his official X account, the Vedanta Chairman stated, “A major geopolitical shock in a resource-rich region, like the ongoing conflict in Iran, makes India vulnerable because of its huge import dependence on natural resources which lie below the ground”.
This dedicated cultural and literary space at the five-day festival reflected Vedanta’s belief that culture and community lie at the heart of sustainable development.
On a quarter-over-quarter (QoQ) basis, net profit rose by 47.8 per cent from Rs 2,649 Crores in Q2 FY26 to Rs 3,916 crores in Q3 FY26.
The meeting chaired by Bhaskar Jyoti Sarma, Principal Secretary of the FE&CC Department focused on the expeditious processing of Forest Diversion Proposals.
Vedanta has reported a 76.2 per cent rise in consolidated net profit at Rs 3,547 crore for the quarter ended December 31, 2024 (Q3) on Friday, due to higher income from its zinc and aluminium business. The company had posted a Q3 profit of Rs 2,013 crore in the year-ago period, it said in a filing to the Bombay Stock Exchange (BSE) on Friday.
Vedanta Cairn India's Mangla Processing Terminal (MPT) is operating to its optimum capacity for processing the crude oil being produced in Mangala, Bhagyam and Ashvarya oil fields in the district.
During the meeting, Chairman Agarwal reiterated Vedanta Group’s unwavering commitment to Odisha's progress.
This will be marking the largest commercial injection implemented in any oil and gas field in India, and amongst the very few done globally, its Corporate Communication statement said here.
