The mining mogul believes that it may take \"20 years\" for an effective disinvestment to take place going by the Centre's ongoing plans to sell PSU assets company by company

In a statement on Monday, Anil Agarwal's Volcan Investments said that it took the decision to back away from Jet Airways based on its evaluations and other priorities

Volcan and Vedanta Resources are the parent companies of Vedanta Limited

Vedanta Q1 results: Consolidated revenue fell by 3.7 per cent to Rs 21,374 crore in Q1FY20 versus Rs 22,206 crore in Q1FY19, due to lower commodity prices partially offset by higher aluminium sales, volume addition from ESL, commencement of Gamsberg mine and currency depreciation

Vedanta has won 51 blocks out of the 87 that were auctioned in the three rounds of bidding under OALP.

When fuel prices were low in the early years of the previous government, it passed on only a fraction of the benefits to consumers and used the high excise duty from sale of petrol and diesel to offset the shortfall in disinvestment income

Nissan sent a legal notice to Indian PM Narendra Modi's administration in 2016 claiming more than Rs 5,000 crore ($720 million) in a dispute over incentives it said were due from Tamil Nadu as part of a 2008 agreement to set up a car manufacturing plant in the state

An alumni of Delhi College of Engineering, Ajay served as the Acting CEO of Vedanta's Aluminium and Power business before being elevated to this new role.

Abhay Gandhi is CEO of Sun Pharma's North America business; Gandhi and his wife traded in Ranbaxy shares soon after Daiichi agreed to sell Ranbaxy to Sun Pharma

Sudhir Mathur is the fourth CEO to quit the firm since it was taken over by mining billionaire Anil Agarwal-led Vedanta Group seven years back

Cairn in its latest annual report said administrative expense towards Indian tax arbitration has risen to $22.9 million (about Rs 158.4 crore) in 2018 from $8.1 million (about Rs 56 crore) in 2017.

Vedanta Ltd. has notified the Management Committee, Directorate General of Hydrocarbons and Ministry of Petroleum and Natural Gas of an oil discovery in the second exploratory well H2, located in the block KG-OSN-2009/3, Krishna-Godavari Basin, East Coast of India.