In the news:
Vedanta Profit Beats Estimates Boosted by Metals, One-time Gain - Vedanta to invest Rs 1 lakh crore in Odisha to set up alumina refinery, aluminium plant - Vedanta readies Rs30,000cr war chest - Vedanta settles $246mn worth of lenders' dues - India's Vedanta Seeks $600 Million Through Share Placement - How Vedanta has emerged as the biggest wealth creator in FY25 so far - Indian Mining Group Vedanta Considers $1 Billion Share Sale as Soon as June - Vedanta plans to invest $6 billion across business - Vedanta plans to invest $6bn across biz - Sebi orders Vedanta to pay Cairn UK Rs 78 crore
Vedanta
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ShareKey facts
- city: Mumbai
- country: India
- sector: Materials
- industry: Metals & Mining
- CEO: Sunil Duggal
Classified as: organization
Summary
Vedanta is a company. It is located in Mumbai, India. The company is part of the Materials sector, specifically in the Metals & Mining industry.
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Vedanta is one of the companies in India, companies in Metals & Mining, companies in Materials and 3,466,499 companies in our database.
- Assets: 25.1B $
- Employees: 8,129 people
- Market cap: 13.8B $
- Profits: 2.4B $
- Revenues: 17.9B $
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Talking Points:
- Vedanta Aluminium Business is India's largest producer of Aluminium, the green 'Metal of the Future'. | Vedanta Aluminium Business, a division of Vedanta Limited, is India's largest producer of aluminium and value-added aluminium products. Aluminium is the second most important metal in the world with critical ...
- Vedanta Limited operates as a diversified natural resources company in India. It explores for, develops, extracts, produces, processes, and sells oil and gas, zinc, lead, silver, copper, aluminum, iron ore, steel, pig iron, and metallurgical coke. The company also operates a thermal coal-based commercial power facility of 600 megawatts (MW) at Jharsuguda in the State of Odisha in eastern India; 2 units of 300 MW thermal coal based power plants at Korba; 1,980 MW thermal coal- based commercial power facilities; 274 MW of wind power plants; and a power plant situated at Mettur Dam in the state of Tamil Nadu in southern India. In addition, it manufactures and supplies billets, TMT bars, wire rods, and ductile iron pipes; mechanizes coal handling facilities and upgrades general cargo berth for handling coal at the outer harbor of Visakhapatnam Port on the east coast of India; and provides logistics and other allied services inter alia rendering stevedoring, and other allied services in ports and other allied sectors. Further, the company is involved in manufacturing glass substrates in South Korea and Taiwan. It also operates in Europe, China, the United States, Turkey, Mexico, Malaysia, South Africa, Namibia, Ireland, Australia, Liberia, and the United Arab Emirates. The company was formerly known as Sesa Sterlite Limited and changed its name to Vedanta Limited in March 2015. The company was founded in 1954 and is headquartered in Mumbai, India. Vedanta Limited operates as a subsidiary of Vedanta Resources Limited.
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