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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Cairn Oil & Gas to convert Mangala pipeline to solar power by 2025

Cairn Oil & Gas to convert Mangala pipeline to solar power by 2025

Cairn Oil & Gas, a unit of mining giant Vedanta Ltd., will convert a pipeline that ships crude oil from its prolific Rajasthan oilfields to Gujarat to solar power by 2025. To commemorate World Environment Day on June 5, Cairn Oil & Gas will convert the Mangala pipeline to solar. It will instal solar rooftop […]

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