Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Vedanta Chief Mehta Extends Contract as Company Seeks Successor

Vedanta Resources Plc extended the contract of Chief Executive Officer Mahendra Singh Mehta until March as it searches for a successor to run the oil and metal producer controlled by Indian billionaire Anil Agarwal.

“Mehta has agreed to extend his employment contract until 31 March, 2014,” Vedanta said in a statement. “The search is progressing well and the Nominations Committee expects to make an announcement on the above matter in the coming months.”

Mehta’s contract as CEO was due to expire today, the company said. Mehta was appointed as CEO in 2008.

Vedanta, a producer of copper in Zambia and iron ore in India, was mainly a mine operator before it completed the purchase of a controlling stake in oil and gas explorer Cairn India Ltd. in 2011 for $8.67 billion, giving it access to India’s biggest onshore oilfield.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.