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Vedanta makes $2.3 bn bid to buy out minorities in Cairn India

 The shareholders will also get one redeemable preference share in Vedanta Ltd India's largest private sector miner Vedanta Ltd has offered to buy out minority shareholders in cash-rich unit Cairn......

Would describe Modi govt as job friendly, says Vedanta CEO

 Asserting that the new government at the Centre had huge challenges, London-listed Vedanta Resources Plc Chief Executive Officer (CEO) Tom Albanese said the Narendra Modi government would be job......

Cairn India CEO Elango quits

 Cairn India's interim CEO P Elango has quit the company, completing the exit of all of the tier-1 management of the firm since it was acquired by mining group Vedanta Resources plc.  ......

Vedanta appoints former Rio Tinto head as CEO

 Vedanta Resources Plc has appointed Tom Albanese as chief executive, pinning its hopes on the former Rio Tinto Plc head to transform the India-focused miner into a global resources giant. Shares......

Rio Tinto to slash 14,000 jobs worldwide

 With plummeting commodity market and share prices, mining behemoth Rio Tinto on Wednesday said it is trimming its global workforce by 14,000 employees as part of a slew of measures to reduce its......

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