Windfall Tax | Vedanta deducts  million from govt.’s profit to make up for tax paid

Windfall Tax | Vedanta deducts $91 million from govt.’s profit to make up for tax paid

Vedanta Ltd has withheld about $91 million from the share of profit due to government from its oil and gas fields against the 9-month-old windfall tax. In signs of protests against the 9-month-old windfall tax, mining mogul Anil Agarwal’s Vedanta Ltd has withheld about $91 million from the share of profit due to government from […]

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Vedanta cuts debt by  bn ahead of plans

Vedanta cuts debt by $2 bn ahead of plans

The logo of Vedanta | Photo Credit: REUTERS Billionaire Anil Agarwal’s Vedanta Resources Ltd on Wednesday said it has slashed debt by $2 billion in the current fiscal as it looked to soothe investor concerns over ability to repay upcoming obligations. The company, which is the parent firm of Mumbai-listed Vedanta Ltd, had a net […]

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Maharashtra Government made effort to outbid other States, but our decision was independent: Vedanta chairman Anil Agarwal

Maharashtra Government made effort to outbid other States, but our decision was independent: Vedanta chairman Anil Agarwal

Vedanta chairman Anil Agarwal says that they had decided on Gujarat a few months ago as the State Government met their expectations Vedanta chairman Anil Agarwal says that they had decided on Gujarat a few months ago as the State Government met their expectations The Maharashtra leadership has made a huge effort to outbid other […]

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