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 has quashed media reports that the company is in preliminary talks with prospective advisors regarding the idea of merging the company with Vedanta Resources Limited. The mining company said that it strongly denies the reports as both speculative and misleading to its investors. Vedanta Limited stated: “No such proposal is under consideration, and […]
Indian mining company Vedanta said that it has acquired Nicomet, a Goa-based nickel and cobalt producer, for an undisclosed price. The deal will enable Vedanta to become the sole producer of nickel in India. According to Vedanta, the acquisition of Nicomet aligns with its ESG mission and is a major step towards helping India in […]
Deep Industries Limited (previously known as Deep CH4 Limited) has bagged a contract worth around INR 83.53 crores from Vedanta Limited for an integrated oil and gas facility at the Jaya field. In this connection, the Ahmedabad-based oil and gas field services provider has been issued a letter of award from Vedanta. According to Deep […]
Vedanta’s subsidiary Hindustan Zinc Limited, an India-based mining and resources producer of zinc, lead, cadmium, and silver has incorporated a fully-owned subsidiary called Hindustan Zinc Alloys Private Limited. Hindustan Zinc Alloys will carry out the business of smelting, melting and casting in India and elsewhere. Its operations will include the beneficiation of minerals, mineral dressing, […]
Vedanta Limited said that the board of directors of its indirect subsidiary — Sesa Mining Corporation Limited (SMCL) has sanctioned the company’s approval of Desai Cement Company Private Limited (DCCPL). The consideration for the acquisition is INR 14 crores. Desai Cement Company owns a cement manufacturing plant, which has a facility of granulated blast furnace […]
Vedanta Limited said that its fully-owned subsidiary — Monte Cello BV (MCBV) has agreed to sell Copper Mines of Tasmania (CMT), the owner of the Mt Lyell Copper Mine in Australia, through an option agreement with New Century Resources. The Mt Lyell Copper Mine is a small copper asset, which has been placed on care […]
Vedanta said that its aluminium and power business has fast tracked the deployment of the latest technologies and digital solutions for protecting its employees against Covid-19, while maintaining production to cope up with the raw material requirements of India. In this regard, Vedanta Aluminium & Power is said to have embraced digital-first ways of working […]
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 […]