Fri, Mar 24, 2023
India first imposed windfall profit tax on July 1, 2022 joining a growing number of nations that tax super normal profits of energy companies. But the levy of Special Additional Excise Duty (SAED) on locally produced crude oil was seen by producers as violation of the contract which provides fiscal stability.
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Mon, Dec 17, 2018
The reason behind the hike in the share price is that Vedanta has received NGT nod to reopen Sterlite copper plant in Tuticorin.
Wed, Sep 07, 2016
On July 22, both the companies had revised the terms and conditions of the deal considering the prevailing equity market conditions that time.
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