Vedanta Resources Achieves Record EBITDA in FY24

04 Jun 2024 CW Team

Vedanta Resources, a prominent player in the natural resources sector, has announced its financial results for the fiscal year 2024, showcasing an outstanding achievement. With a consolidated EBITDA of USD 4.7 billion, Vedanta has reached its second-highest ever EBITDA figure, reinforcing its position as a robust and resilient entity in the global market.

The impressive financial performance can be attributed to several factors, including strategic investments, operational excellence, and favourable market conditions. Vedanta's diversified portfolio across various segments such as oil and gas, zinc, aluminium, copper, and iron ore has contributed to its overall growth and profitability. Additionally, the company's relentless focus on cost optimization and efficiency enhancement initiatives has further bolstered its financial position.

Amidst the evolving landscape of the natural resources industry, Vedanta has demonstrated agility and adaptability, positioning itself as a key player driving sustainable growth and value creation. The company's commitment to responsible mining practices, environmental stewardship, and community engagement has garnered widespread recognition, establishing Vedanta as a leader in corporate sustainability.

Looking ahead, Vedanta remains poised for continued success, leveraging its strong fundamentals, strategic initiatives, and global presence to capitalise on emerging opportunities and navigate potential challenges. With a robust financial foundation and a clear vision for the future, Vedanta is well-positioned to deliver long-term value to its stakeholders while contributing to the socio-economic development of the communities in which it operates.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..