Bhubaneswar: The Odisha Cabinet on Wednesday amended a long-term linkage policy to facilitate Vedanta company to source bauxite from the Odisha Mining Corporation (OMC) to run a refinery and smelter plants in the state. “The Cabinet decision will enable Vedanta Limited, which has set up an alumina refinery and aluminium smelter in the state under […]
London: Mining major Vedanta on Thursday said its Chairman Anil Agarwal’s family trust Volcan Investments will increase its stake in British miner Anglo American. In a statement here, Vedanta said Volcan alone was increasing its stake to become the largest Anglo American shareholder with over 21 per cent holding. The acquisition of around 9 per […]
Kolkata: Natural resources major Vedanta Ltd on Tuesday said it will set up a new steel plant in Jharkhand with a capacity of 4.5 million tonne (MT) per annum at an investment of USD 3-4 billion. The plant will be part of the company’s newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vendanta Resources Chairman Anil […]
Lanjigarh: Encouraged by supply of bauxite from the state-owned Odisha Mining Corporation (OMC), the Vedanta Limited is optimistic about completion of its refinery expansion project. Though the aluminium major has been managing to run its 2 mtpa refinery since 2007 by importing bauxite from other states and abroad, the company for the first time received […]
Bhubaneswar: Industries in Odisha today decried the steep hike of 83 per cent in electricity duty for Captive Power Plants (CPPs) saying it will hamper investment and urged the state government for a roll back. Prominent industries including NALCO, JSPL, Vedanta, HINDALCO, PPL, MCL, JSL, IMFA, Nava Bharat, Tata Steel, Tata Iron and Sponge, FACOR […]
With plans to raise alumina production at its Lanjigarh refinery in Kalahandi district by 50 per cent, bauxite starved Vedanta today sought quick steps for raw material supply from within the state
Vedanta Resources has put on hold a five-fold expansion plan of its Lanjigarh refinery in Odisha even as it is mulling sourcing bauxite from other sources away from Niyamgiri Hills to feed existing and future operations
Panaji: Iron ore was the only blip on Vedanta Ltd’s performance as far as metals are concerned but company chairman Naveen Agarwal expressed confidence in future prospects of copper, zinc, lead and aluminium production. Speaking during Vedanta’s annual general meeting of Vedanta Limited here Saturday, Agarwal said that the company was well poised to capitalise […]
New Delhi: Natural resources major Vedanta yesterday said that the company’s strategy going ahead is to “simplify and consolidate” its corporate structure. “Company’s stated strategy is to simplify and consolidate its corporate structure. Management reviews options to deliver this strategy on an on-going basis,” Vedanta said in a stock exchange filing. Vedanta would “abide by […]
An Odisha minister on Saturday said that rejection of the mining proposal on Niyamgiri hills was 'unfortunate' and steps would be taken to alternatively source bauxite for Vedanta's refinery
Environment Ministry on Friday rejected Vedanta's controversial bauxite mining proposal in Niyamgiri, official sources said
New Delhi: In a set-back to Vedanta, the Supreme Court on Monday refused to order the re-opening of its Sterlite Copper Smelting plant located in Tamil Nadu as it set-aside the National Green Tribunal’s (NGT) December 15 order on the grounds of jurisdiction. Setting aside the NGT order on maintainability, a bench of Justice Rohinton […]
New Delhi: The Supreme Court on Friday dismissed a plea by Vedanta seeking access to its Thoothukudi-located Sterlite Copper Smelting plant in Tamil Nadu to carry out maintenance work. Describing the plea as frivolous, a bench of Justice Rohinton Fali Nariman and Justice Justice Vineet Saran said that they were not here to control the High […]
New Delhi: The Supreme Court on Tuesday allowed Vedanta to operate its closed oxygen plant at Tuticorin in Tamil Nadu, saying the order has been passed in view of “national…
Mumbai: Benchmark indices nursed losses for the second straight session on Thursday, dragged by heavy selling in banking and financial stocks, as August series derivatives expired amid tepid global cues. After a highly volatile session, the 30-share BSE Sensex ended 382.91 points, or 1.02 per cent, lower at 37,068.93. Similarly, the broader NSE Nifty shed […]
Copyright © 2024 - Odisha Television Limited All Rights Reserved.
LIVE TV
