They offer life cover and assured returns, Investors can do certain basic checks regularly to protect themselves from broker-related frauds, Investors in 30% bracket can consider tax-free bonds as they offer relatively better returns, You’ve been tough, but some lessons are best learnt the hard way. Its main operations are held by Vedanta Ltd, a 50.1%-owned subsidiary. Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminium, iron ore and power. Avail Invitation Pricing Now Its main operations are held by Vedanta Ltd, a 50.1%-owned subsidiary. Copper Business: Lungoweand others v Vedanta Resources plcand KonkolaCopper Mines plc [2016] EWHC 975 (TCC) Diversified conglomerate Vedanta Resources is set to raise up to $700 million by selling bonds to overseas investors. Vedanta Resources has proposed to buy out public shareholders in Vedanta Ltd. “The proposed privatization is subject to several approvals, including by the Vedanta Ltd board of … Its main operations are held by Vedanta … The two arms together own 38.1% in Vedanta Ltd, which is a 50.1% subsidiary of Vedanta Resources. Cairn Oil and Gas has been operating for more than two decades and is well positioned to reduce India's energy import burden. 4. Get Full Digital Access To The Hindu BusinessLine, The Hindu, Frontline, Sportstar, Crossword+, Epaper replica of The Hindu and The Hindu BusinessLine in ONE SINGLE DISCOUNTED PRICE! | We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. Examples of the ways Vedanta was involved in the management of KCM included: Its main operations are held by Vedanta Ltd., a 50.1%-owned subsidiary. Anil Agarwal-controlled Vedanta Resources will issue $400 million in notes to an entity under Oaktree Capital Group to meet the liquidity needs. v Vedanta Resources Plc and Konkola Copper Mines Plc [2017] EWCA Civ 1528 This landmark judgment from the Court of Appeal means that 1,826 Zambian villagers can bring a claim in the English courts against UK-based Vedanta and its Zambian subsidiary KCM. This is despite a likely increase in Vedanta Resources' leverage due to the transaction, it said in a note. Examples of the ways Vedanta was involved in the management of KCM included: Through Vedanta Resources' various operating subsidiaries, the group produces oil and gas, zinc, lead, silver, aluminum, iron ore and power. The company, the management said, would consider options including asset sales, if required, and remains confident on debt refinacing at Vedanta Resources. Zambian villagers take Vedanta Resources to court in UK - accuse company of turning water sources to "rivers of acid", by Nomsa Maseko, BBC, 7 September 2015 Snapshot In September 2015, a group of 1826 Zambian villagers filed a lawsuit against Vedanta Resources in UK court over water pollution caused by its subsidiary's copper mining operations. In addition, we also operate a captive power plant in Thoothukudi, Tamil Nadu, and a refinery and two copper rod plants operating in Silvassa, western India. The Konkola Deep Mining Project (KDMP) involves the sinking of a new shaft to expand copper ore production. In Vedanta, a claim was brought by 1,826 Zambian villagers against Vedanta Resources Plc, a UK mining company, and its Zambian subsidiary, KCM, for the discharge of toxic matter from a mine operated by KCM into waterways used for drinking and irrigation. Konkola Copper Mines (KCM) is a subsidiary of Vedanta that operates a mine in Zambia. Vedanta Star, a subsidiary, has management control of Electro Steel Ltd. Bharat Aluminium Company (BALCO) BALCO operates two bauxite mines and a plant in Chhattisgarh state and a greenfields refinery in Odisha state. Experience cleaner site with zero ads and faster load times. Follow us on Telegram, VEDANTA RESOURCES PLC CODE OF BUSINESS CONDUCT AND ETHICS (the ‘CODE’) This Code of Business Conduct and Ethics (the ‘ ode’) is a reference document outlining the standard code of conduct for Vedanta Resources plc (the ‘ ompany’) and its subsidiaries (together called ‘Vedanta’ or the ‘Group’) and for its Vedanta Ltd is focused on zinc, lead, silver, aluminium, copper, iron ore, oil and gas, and commercial power. Its main operations are held by Vedanta Ltd, a 50.1%-owned subsidiary. You can also download our Android App or IOS App. Indian researchers are working on cells that can store more energy, last longer. 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