Tag: Vedanta

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 […]

Mumbai: Equity benchmark BSE Sensex jumped over 200 points in early session on Tuesday, driven by gains in index heavyweights RIL, Infosys, TCS and Maruti, amid positive domestic and global cues. Strong foreign fund inflow too buoyed market mood here, traders said. After hitting a high of 39,306.37 points, the 30-share index pared some gains […]

New Delhi: In one of the last reforms in the oil and gas sector, the government is set to free up pricing of all domestically produced gas that would help scale up local production from fields of ONGC, OIL, Reliance and Vedanta and help create a uniform gas where the fuel is freely tradable on […]

New Delhi: The Centre on Thursday approved the allocation of five coal blocks, including two to Birla Corporation and one to Vedanta, and said the mines will generate a revenue of Rs 17,136 crore for the government. For the first time, the successful bidders shall have the flexibility to sell 25 per cent of the […]