Vedanta Ltd (Aluminium Business) has signed a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Ltd (GACL), for exploring various business opportunities in the areas of Caustic-Chlorine and other allied businesses. The MoU aims to recognize the potential of adding value to the businesses of both Vedanta Aluminium and GACL, by adopting a collaborative…
Tag: Vedanta Ltd.
Vedanta appoints Ajay Goel as CFO
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•Mining conglomerate Vedanta Limited announced the appointment of Ajay Goel as Chief Financial Officer of the company, with effect from October 30, 2023. He succeeds Sonal Shrivastava, who has resigned from the role of CFO due to personal reasons. According to the company’s exchange filing, “we wish to inform you that the Board of Directors of…
Vedanta appoints Sonal Shrivastava as CFO
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•Vedanta Ltd announced appointment of Sonal Shrivastava as its Chief Financial Officer (CFO) effective June 1, 2023, according to PTI report. A bachelor’s in chemical engineering from BIT, Sindri and an MBA from the Jamnalal Bajaj Institute of Management Studies, she comes with over 26 years of financial leadership experience across sectors, the mining major…
Vedanta re-appoints Akhilesh Joshi to its Board
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•Diversified natural resources major Vedanta Limited has announced the re-appointment of Akhilesh Joshi as Non-Executive Independent Director, with effect from July 1, 2022. According to the company’s exchange filing, “The Board of Directors, on recommendation of Nomination and Remuneration Committee of the Company, on June 21, 2022, have considered and approved the re-appointment of Mr.…
Sauvick Mazumdar elevated as CEO of Vedanta’s Iron & Steel Sector, NL Vhatte named ESL CEO
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•Vedanta is all set to drive the next phase of sustainable growth in the Iron & Steel sector with the strategic elevation of two industry veterans. Sauvick Mazumdar, CEO of Vedanta Iron and Ferro Alloys Business, has been appointed as CEO of Vedanta’s Iron and Steel Sector, while NL Vhatte, who was Director, Vedanta –…
Sauvick Mazumdar promoted as CEO of Iron & Steel Sector of Vedanta, NL Vhatte named ESL CEO
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•Vedanta has appointed Sauvick Mazumdar as chief executive officer of Iron and Steel Sector of Vedanta and NL Vhatte as chief executive officer of ESL Steel. CEO of Vedanta Group – Sunil Duggal, said, “At Vedanta, our constant endeavour is to develop leaders from within the organization. I congratulate Mr Sauvick Mazumdar and Mr NL Vhatte for…
Vedanta launches initiative to support and nurture startups around the world
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•Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals Company, announced the launch of “Vedanta Spark”, an initiative wherein the company is looking to partner with early stage, growth stage and venture stage Digital Tech start-ups in order to tap into massive innovation and growth…
CEO of Vedanta’s oil and gas division Ajay Dixit resigns
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•Cairn’s Chief Executive Officer Ajay Dixit has decided to quit the company at month-end. He is the fifth CEO of billionaire Anil Agarwal-led Vedanta’s oil and gas division to quit the firm. Cairn was taken over by the mining baron eight years ago. According to a PTI report, Dixit has decided to not seek an…
Vedanta appoints Sunil Duggal as interim CEO
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•Vedanta Limited recently announced the appointment of Sunil Duggal as the interim Chief Executive Officer of the company. Duggal’s appointment is followed by the resignation of Srinivasan Venkatakrishnan with effect from 5th April 2020, citing personal reasons. It is said that Venkat will rejoin his family in South Africa. Commenting on Duggal’s appointment, Vedanta Chairman…
Vedanta’s Srinivasan Venkatakrishnan to step down from CEO and Director position
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•Vedanta Limited, a subsidiary of Vedanta Resources Limited, has recently announced that company CEO and Director Srinivasan Venkatakrishnan will step down from his position. Srinivasan has decided to resign from the position citing personal reasons and is expected to rejoin his family in South Africa. According to an official press release, the company said, “Srinivasan…
FIPI Names Cairn Oil & Gas, Vedanta Ltd as “Digitally Advanced Company of the Year 2019”
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•Cairn Oil & Gas, Vedanta Ltd., India’s largest private oil and gas exploration and production company, was named the “Digitally Advanced Company of the Year” at the Federation of Indian Petroleum Industry (FIPI) Annual Summit & Awards 2019 on Monday, 2 December 2019. The award was presented to Cairn Oil & Gas based on its…
Cairn CEO Ajay Kumar Dixit was awarded the Leadership Excellence Award 2019
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•Mr. Ajay Kumar Dixit, CEO, Cairn Oil & Gas, Vedanta Ltd. was awarded the Leadership Excellence Award 2019 presented by ABP News Brand Excellence Awards at Taj Lands End, Mumbai on 21 November, 2019. The ABP News Brand Excellence Awards is an independent brand recognition exercise that recognises brands that have achieved extraordinary success from…