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Bhubaneswar: Vedanta Aluminium on Wednesday reaffirmed its long-term commitment to Odisha on the occasion of Utkal Dibas. With planned investments of Rs 1.8 lakh crore in the pipeline and over Rs 1 lakh crore already invested, the company said it has has generated more than 5 lakh employment opportunities to date. Vedanta's Odisha operations including aluminium, power, iron ore, and related businesses, contribute over Rs 9,000 crore annually to the exchequer and account for approximately ~3% of ...Read More >
Bengaluru -- Aluminium prices surged to four-year highs on Monday as Iranian air strikes on two major Middle East producers over the weekend raised the risk of a prolonged supply shock. Benchmark aluminium on the London Metal Exchange was up 4.7% to $3,453 a tonne at 10.48am GMT. Prices of the metal used in the transport, construction and packaging industries touched $3,492 earlier in the session. The US-Israeli war on Iran and resulting closure of the Strait of Hormuz have already restricted ...Read More >
Udaipur, 17th December 2025: Hindustan Zinc, world's largest and India's only integrated producer of zinc, lead, and silver, has strengthened its global credibility with a comprehensive suite of prestigious international and national certifications. These include REACH compliance for the European Union, Bureau of Indian Standards (BIS) certification, and the globally recognised London Bullion Market Association (LBMA) Good Delivery accreditation for silver, along with several other international ...Read More >
Bhubaneswar: Vedanta Aluminium, India's largest producer of aluminium, extended its support to the 'SURAVI' Children's Festival in Sundargarh district. Organized by the School and Mass Education Department, Government of Odisha, the event is designed as a nurturing platform to spot creativity and talent among young minds from local communities. More than 1500 students from 42 schools, representing six Gram Panchayats within the Hemgir and Lakhanpur blocks participated in the festival. The event ...Read More >
Infrastructure major Larsen & Toubro (L&T) has secured significant orders from Hindalco and Tata Steel. L&T will set up an 180 KTPA aluminium smelter and gas treatment centre for Hindalco's Odisha project, and a coke oven battery for Tata Steel in Jamshedpur. These wins highlight L&T's expertise in the minerals and metals sector. New Delhi, Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Od ...Read More >
Vedanta Group plans a significant Rs 1 lakh crore investment in Odisha. This expansion will generate over one lakh direct and indirect employment opportunities for the state. The investment includes a new ferro-alloys plant and two aluminium parks. The Odisha government has pledged full support for these projects, including land and infrastructure. The Vedanta Group will invest an additional Rs 1 lakh crore in Odisha, creating over one lakh direct and indirect employment opportunities, official ...Read More >
NEW DELHI (Reuters) -Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain imposed sanctions on top Russian oil firms. Ukrainian President Volodymyr Zelenskiy is schedule to meet Trump in Washington on Friday to push for military and energy support at a time when Kyiv and Moscow are escalating the war with attacks on energy infrastructure. Indian officials are also in Washington for trade t ...Read More >
BHUBANESWAR: Vedanta chairman Anil Agarwal has approached Odisha Chief Minister Mohan Charan Majhi to seek support in fast-tracking clearances and accelerating the implementation of the company's ambitious USD 20-billion aluminium project. Vedanta has already committed Rs 1.27 lakh crore investment for a 3 million tonne per annum (MTPA) aluminium smelter in Dhenkanal district and Rs 1 lakh crore investment for a 6 MTPA refinery in Rayagada district. In a letter to the chief minister, Agarwal s ...Read More >
Bhubaneswar: Vedanta Aluminium, India's largest aluminium producer, has developed a dedicated fitness-cum-amusement park for 700 students of Ramakrishna Mission Ashrama School in Hatamuniguda, Rayagada. The park, equipped with a variety of play and fitness facilities, is designed to promote physical activity, recreation and holistic growth of students. The facility was inaugurated by Mr. Prateek Kumar, Vice President & Head, Vedanta Sijimali Bauxite Mines, in the presence of school authorities. ...Read More >
LONDON, Aug 13 (Reuters) - A major new copper smelter in India owned by Adani Enterprises Ltd (ADEL.NS), opens new tab has applied to become a listed copper-producing brand with the London Metal Exchange, the LME said in a notice on Wednesday. The copper smelter, which has an annual production capacity of 500,000 metric tons, is coming online at a time of shrinking smelting margins due to new smelter capacity in China and slower-than-expected growth of copper concentrate supply. According to A ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decrea ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illega ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decrea ...Read More >
Mumbai: Gautam Adani, Chairman, Adani Group, on Friday announced that the conglomerate is preparing for a capital expenditure investment of nearly $100 billion over the next five years. "The scale and pace of this commitment is unprecedented in India's private sector history as we do our part for strengthening the very spine of India's rise that must carry 1.4 billion dreams," Gautam Adani remarked. Addressing a conference of top doctors here, Gautam Adani said these investments are manifestat ...Read More >
Mumbai, July 11: Gautam Adani, Chairman of the Adani Group, on Friday announced that the conglomerate is preparing for a capital expenditure investment of nearly $100 billion over the next five years. "The scale and pace of this commitment is unprecedented in India's private sector history as we do our part for strengthening the very spine of India's rise that must carry 1.4 billion dreams," Gautam Adani remarked. Addressing a conference of top doctors here, Gautam Adani said these investments a ...Read More >
Mumbai (Maharashtra) [India], July 11 (ANI): Gautam Adani, Chairman of the Adani Group, on Friday announced that the conglomerate will build Artificial Intelligence-first Healthcare Temples initiated from Ahmedabad and Mumbai. Speaking at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery - Asia Pacific (SMISS-AP) in Mumbai today, Adani said, 'We will be delivering on this promise through the Adani Healthcare Temples --1,000-bed integrated campuses that we will initia ...Read More >
Mumbai: Gautam Adani, Chairman of the Adani Group, on Friday announced that the conglomerate is preparing for a capital expenditure investment of nearly $100 billion over the next five years. "The scale and pace of this commitment is unprecedented in India's private sector history as we do our part for strengthening the very spine of India's rise that must carry 1.4 billion dreams," Gautam Adani remarked. Addressing a conference of top doctors here, Gautam Adani said these investments are mani ...Read More >
New Delhi, Jul 9 (PTI) The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official. Also, Coal and Mines Minister G Kishan Reddy on Wednesday said India will discuss the impact of US tariffs on copper. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. International Copper Association India M ...Read More >
Hyderabad: Union Minister for Coal and Mines G. Kishan Reddy on Friday released the Copper Vision Document and the Aluminium Vision Document at the international conference here on sustainable and responsible mining through best mine closure practices, organised by the Indian National Committee of the World Mining Congress. Reddy emphasised copper's vital contribution to India's energy transition, infrastructure growth, and green technologies such as electric vehicles and solar power. He stated ...Read More >
HYDERABAD, July 4 (Reuters) - India on Friday unveiled a series of steps to increase copper output, including encouraging foreign firms to set up smelters and refineries in the country in exchange for state-owned firms investing in their overseas mining operations. The document, parts of which were first reported by Reuters last week, said India - the world's second-biggest refined copper importer - may have to import 91%-97% of its copper concentrates by 2047. Despite an estimated 12.2 millio ...Read More >
NEW DELHI: India has dispatched a team of geologists to Zambia to explore copper and cobalt deposits, two Indian government sources said, as New Delhi steps up efforts to secure critical mineral supplies essential to its energy transition. The Zambian government this year agreed to allocate 9,000 square km (3,475 square miles) to India for the exploration of cobalt - a key component in batteries for electric vehicles and mobile phones - as well as for scouting copper, which is widely used in po ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated Ju ...Read More >
BHUBANESWAR: Vedanta Aluminium has roped in Serentica Renewables to create a sustainable future aligned with its comprehensive decarbonisation initiatives that reflect both ambition and innovation. As part of this collaboration, Vedanta is sourcing 1,335 MW of renewable energy to power its mega operations in Odisha and Chhattisgarh. The move will help achieve the goal of having renewables comprise 30 percent of its power usage by 2030, a major milestone for net-zero emissions by 2050, company ...Read More >
The Adani Group reported record earnings for the financial year ending March 2025, with consolidated Ebitda reaching ₹89,806 crore, driven by continued expansion in core infrastructure sectors and higher operating cash flows across its portfolio. The Group's Ebitda was up 8.2 per cent compared to ₹82,976 crore reported in FY24 by the group listed companies, the Group said in a media statement. The conglomerate, with interests ranging from energy and logistics to cement and mining, also repor ...Read More >
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