Jan 23, 2015 at 21:31 | Source: CNBC-TV18
Hit by the mining ban in states like Goa and Karnataka, Vedanta Group Company, Sesa Sterlite is hopeful that the amendment to Mines and Minerals Development & Regulation Act will put an end to the current impasse.
Jan 22, 2015 at 09:15 | Source: Moneycontrol.com
Sesa Sterlite topped the buying list, up nearly 3 percent after the company received approval for renewal of all mining leases in Goa. It expects to resume mining in near future after regulatory nods.
Jan 19, 2015 at 19:36 | Source: CNBC-TV18
The taxman argued that Sesa Sterlite, after the merger, had sought tax refund of Rs 1600 crore citing combined losses of the merged entity. The SC will hear the matter for final disposal on April 28.
Dec 05, 2014 at 12:37 | Source: Reuters
Formerly the world's No. 3 supplier of iron ore, India has been importing over the last two years due to court-imposed restrictions aimed at curbing illegal mining in the key producing states of Karnataka and Goa.
Nov 07, 2014 at 14:58 | Source: CNBC-TV18
These leases are being renewed post the 2012 mining ban. Once these mining leases are granted, environmental and forest clearances will have to be acquired before starting the mining process.
Nov 05, 2014 at 16:29 | Source: CNBC-TV18
The renewal list is likely to include Sesa Sterlites three leases. Salgaocar, Fomento Resources and Bandhekar brothers are expected to be other beneficiaries.
Oct 23, 2014 at 13:23 | Source: PTI
The file clearing the proposal of ten mining leases has been moved to state mines secretary, a senior mines department official said.
Oct 14, 2014 at 21:35 | Source: PTI
The apex court, which relied on its judgement passed earlier this year, declined the plea of a company - Bandekar Brothers Private Limited - seeking to restrain authorities concerned for e-auctioning the mined mineral ore produced by it prior to November 22, 2007.
Oct 14, 2014 at 11:29 | Source: CNBC-TV18
The Supreme Court had in April lifted the mining ban in Goa but imposed an annual cap of 20 million tonnes on the industry.
Oct 12, 2014 at 13:54 | Source: PTI
Metals and mining conglomerate Vedanta Resources expects to resume iron ore mining in Goa early next year.