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Vedanta Resources
Vedanta Resources Limited is a diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Fossil fuel, Oil & Gas, Iron ore, Iron Ore, Steel, Aluminium and Power inverter, Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab region, Punjab (1,980 MW). The company with 20,000 employees is primarily owned by the family of Anil Agarwal (industrialist), Anil Agarwal through ''Volcan Investments'', a holding vehicle with a 61.7% stake in the business. Vedanta Limited, Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa. Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-ferrous Metals
In metallurgy, non-ferrous metals are metals or alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have prop ...s that do not contain iron (allotropes of iron, Ferrite (iron), ferrite, and so on) in appreciable amounts. Generally more costly than ferrous metals, non-ferrous metals are used because of desirable properties such as low weight (e.g. aluminium), higher Electrical resistivity and conductivity, conductivity (e.g. copper), non-magnetic properties or resistance to corrosion (e.g. zinc). Some non-ferrous materials are also used in the iron and steel industries. For example, bauxite is used as flux (metallurgy), flux for blast furnaces, while others such as wolframite, pyrolusite, and chromite are used in making ferrous alloys. Important non-ferrous metals include aluminium, copper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombay
Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian States and union territories of India, state of Maharashtra. Mumbai is the financial centre, financial capital and the list of cities in India by population, most populous city proper of India with an estimated population of 12.5 million (1.25 crore). Mumbai is the centre of the Mumbai Metropolitan Region, the List of largest cities, seventh-most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an Globalization and World Cities Research Network#Alpha, alpha world city. Mumbai has the List of cities by number of billionaires, highest number of billionaires out of any city in Asia. The seven islands that constitute Mumbai were earlier home to communities of Marathi language-speaking Koli people. For cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE 250 Index
The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock Exchange. Description The index consists of 11 ICB sectors, three of which have a market cap exceeding £25 billion as at 31 December 2024. These are Financials, Industrials, Consumer Discretionary and together account for approximately 75% of the index's market cap. At the same date there was 9 companies with a market cap exceeding £3 billion: Polar Capital, IG, Burberry, B&M, Investec, Direct Line, Tritax Big Box REIT, Britvic, and RS Group equating to approximately 10% of the market cap. Each calendar quarter, the FTSE 250's constituents are reviewed and some companies will either exit or enter the index, resulting in irregular trading volume and price changes as market participants rebalance their portfolios. Relate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sterlite
Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited. History It was originally incorporated as Rainbow Investments in 1975, the name of the company was changed to Sterlite Cables in 1976. It was later renamed Sterlite Industries in 1986. With a restructuring in July 2000, the company is left with only a metal division comprising copper and aluminium divisions. In 1994, it acquired Madras Aluminium Company (MALCO) for 55 crores. Sterlite and its associate companies took a 55% stake in India Foils for 50 crores. This improved Sterlite's product mix from aluminum to aluminum foil with the largest market share of 65%. In 1999, the company acquired Copper Mines of Tasmania. In February 2011, Sterlite Industries acquired Lisheen Zinc Mine in Ireland from Taurus International S.A., for a share value of approximately $546 million. In September 2013, SESA Goa, Sterlite Industries and Vedanta Aluminium merged to form Sesa Sterlite Limited. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anil Agarwal (industrialist)
Anil Agarwal (born 1954), is an Indian origin billionaire businessman who is the founder and chairman of Vedanta Resources Limited. He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business. Early life Anil Agarwal was born and brought up in a Marwadi family in Patna, Bihar, India. His father Dwarka Prasad Agarwal had a small aluminum conductor business. He studied at Miller High School, Patna. He decided to join his father's business, making aluminium conductors instead of going to university. At 19, Anil left Patna for Mumbai (then Bombay) to explore career opportunities. Career In the mid-1970s, he began trading in scrap metal, collecting it from cable companies in other states and selling it in Mumbai. In 1976, Anil "metal king" Agarwal acquired Shamsher Sterling Corporation, a manufacturer of enameled copper, among other products, with a bank loan. For the next 10 years, he ran both businesses. In 1986, he set up a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Punjab Region
Punjab (; ; also romanised as Panjāb or Panj-Āb) is a geopolitical, cultural, and historical region in South Asia. It is located in the northwestern part of the Indian subcontinent, comprising areas of modern-day eastern Pakistan and northwestern India. Pakistan's major cities in Punjab are Lahore, Faisalabad, Rawalpindi, Gujranwala, Multan, Sialkot, and Bahawalpur, while India’s are Ludhiana, Amritsar, Chandigarh, Jalandhar, Patiala, Mohali, and Bathinda. Punjab grew out of the settlements along the five rivers, which served as an important route to the Near East as early as the ancient Indus Valley civilization, dating back to , followed by migrations of the Indo-Aryan peoples. Agriculture has been the chief economic feature of the Punjab and formed the foundation of Punjabi culture. The Punjab emerged as an important agricultural region, especially following the Green Revolution during the mid-1960s to the mid-1970s, and has been described as the " bread ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odisha
Odisha (), formerly Orissa (List of renamed places in India, the official name until 2011), is a States and union territories of India, state located in East India, Eastern India. It is the List of states and union territories of India by area, eighth-largest state by area, and the List of states and union territories of India by population, eleventh-largest by population, with over 41 million inhabitants. The state also has the third-largest population of Scheduled Castes and Scheduled Tribes, Scheduled Tribes in India. It neighbours the states of Jharkhand and West Bengal to the north, Chhattisgarh to the west, and Andhra Pradesh to the south. Odisha has a coastline of along the Bay of Bengal in the ''Indian Ocean''. The region is also known as Utkaḷa and is mentioned by this name in India's national anthem, Jana Gana Mana. The language of Odisha is Odia language, Odia, which is one of the Classical languages of India. The ancient kingdom of Kalinga (historical region), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Stations
A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the electricity generation, generation of electric power. Power stations are generally connected to an electrical grid. Many power stations contain one or more Electric generator, generators, rotating machine that converts mechanical power into three-phase electric power. The relative motion between a magnetic field and a Electrical conductor, conductor creates an electric current. The energy source harnessed to turn the generator varies widely. Most power stations in the world burn fossil fuels such as coal, petroleum, oil, and natural gas to generate electricity. Low-carbon power sources include nuclear power, and use of renewable energy, renewables such as solar power, solar, wind power, wind, geothermal power, geothermal, and hydroelectricity, hydroelectric. History In early 1871 Belgian inventor Zénobe Gramme invented a generator powerfu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Inverter
A power inverter, inverter, or invertor is a power electronic device or circuitry that changes direct current (DC) to alternating current (AC). The resulting AC frequency obtained depends on the particular device employed. Inverters do the opposite of rectifiers which were originally large electromechanical devices converting AC to DC. The input voltage, output voltage and frequency, and overall power handling depend on the design of the specific device or circuitry. The inverter does not produce any power; the power is provided by the DC source. A power inverter can be entirely electronic or maybe a combination of mechanical effects (such as a rotary apparatus) and electronic circuitry. Static inverters do not use moving parts in the conversion process. Power inverters are primarily used in electrical power applications where high currents and voltages are present; circuits that perform the same function for electronic signals, which usually have very low currents and vol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium
Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has a great affinity towards oxygen, passivation (chemistry), forming a protective layer of aluminium oxide, oxide on the surface when exposed to air. It visually resembles silver, both in its color and in its great ability to reflect light. It is soft, magnetism, nonmagnetic, and ductility, ductile. It has one stable isotope, 27Al, which is highly abundant, making aluminium the abundance of the chemical elements, 12th-most abundant element in the universe. The radioactive decay, radioactivity of aluminium-26, 26Al leads to it being used in radiometric dating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
