In Short : Vedanta has proposed a ₹17,000 crore acquisition of Jaiprakash Associates Limited (JAL) to expand its presence in cement and infrastructure. The deal is expected to support Vedanta’s diversification strategy while helping JAL reduce its heavy debt burden. If finalized, the acquisition could transform India’s construction materials sector and boost infrastructure growth opportunities […]
Over 50 high-impact growth projects to power Vedanta’s plan to achieve USD 10 bn EBITDA – EQ
In Short : Vedanta is pursuing over 50 high-impact growth projects to achieve its target of USD 10 billion EBITDA. These initiatives focus on expanding capacity, optimizing operations, and enhancing sustainable practices across various sectors. In Detail : New Delhi : Mining conglomerate Vedanta Group’s strategic roadmap to a $10 billion near-term EBITDA will be […]
Vedanta’s Anil Agarwal Plans to Raise Oil, Zinc Output, and Foray into Chip Making – EQ Mag
Vedanta’s Anil Agarwal decides to aggressively increase oil and gas production, enlarging metal outputs like zinc and aluminium and entering into semiconductor production. The mining tycoon is unfazed by concerns over the company’s debt levels. In 1976, Agarwal started a business in Mumbai as a scrap-metal dealer and determined mining as an essential economic activity […]
