In addition to the capital expenditure (capex) spree, company executives, in media interactions and with analysts, expressed confidence in meeting cost guidance and controlling debt.
In his address sent to Vedanta shareholders early on Sunday, Agarwal noted, "We are aiming to double the production levels at our subsidiary, Hindustan Zinc (HZL), increase oil production at Cairn Oil & Gas to 300,000 barrels of oil equivalent per day, and expand the capacity at our aluminium smelter to 3 million tonnes per annum."
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For a stronger share of global trade pie
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Pieces of a Puzzle
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8 in 10 app-based taxi users notice dark patterns: Report
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NTPC partners US firm for thorium fuel
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Insurance penetration ratio has a long way to go
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Delayed winter rain may bring relief to rabi crops
Delhi and its adjoining northern and central parts of the country woke up to a cold and wet day on Friday as the whole region experienced a long-awaited wet spell in December this year.
Bank Stocks Push Markets Up
Benchmark BSE Sensex rose by 226 points while Nifty settled above the 23,800 mark on Friday following gains in auto and banking shares even as investors turned cautious due to FII outflows and a record fall in the rupee.
