For the first quarter ending 30th June 2023 (1QFY24), Vedanta Limited reported unaudited consolidated financial results with quarterly consolidated revenue of ₹33,342 crore, a decrease from ₹38,251 crore in 1QFY23. This change was primarily attributed to a significant drop in output commodity prices, although somewhat offset by favourable movements in exchange rates. The company’s consolidated […]
Detect Technologies has entered into a global agreement with diversified natural resources company Vedanta Resources for deploying its T-Pulse artificial intelligence (AI) based workplace safety software. According to the Chennai-based industrial AI company, its T-Pulse workplace safety software was trialed at multiple industries of the Vedanta Group before it was decided to be implemented across […]
Vedanta Limited (Cairn Oil & Gas business) affirmed that it is a separate entity, not linked with Cairn Energy Plc., a Scottish oil and gas company, commonly known as Cairn Energy. According to Vedanta, the Scottish firm will cease using the Cairn brand name as part of its corporate identity by December 2021. Sunil Duggal — […]
Indian natural resources company Vedanta said that it has inked a declaration on climate change at the Second India CEO Forum on Climate Change by committing to move towards carbon neutrality. According to Vedanta, its in-house Carbon Forum and Innovation Cells are made up of global experts who are working actively on solutions that can […]