Sterlite Industry

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Sterlite Industries India Limited smelter closures put cable makers in tight spot

May 22, 2013 at 18:12 | Source: Financial Express

India's cable makers face a severe shortage of copper and potential manufacturing delays after the closure of the country's two biggest copper smelters, including Sterlite Industries India Limited which has pushed up prices and led to a spike in imp...

Sensex sees lowest close in almost two weeks

May 22, 2013 at 16:11 | Source: Economic Times

MUMBAI: The S&P BSE Sensex fell for a third consecutive session on Wednesday, to mark its lowest close in almost two weeks after Larsen & Toubro slumped more than 6 percent after its orderbook guidance sparked worries about the health of the domestic...

Copper smelter closures put cable makers in tight spot

May 22, 2013 at 16:11 | Source: Economic Times

NEW DELHI: Cable makers face a severe shortage of copper and potential manufacturing delays after the closure of the country's two biggest copper smelters, which has pushed up prices and led to a spike in imports. India's biggest smelter, owned by S...

Sterlite case hearing to resume tomorrow

May 22, 2013 at 16:07 | Source: FirstPost

New Delhi: A court will continue hearing into complaints of emissions from the country's largest copper smelter, shut since March 30, on a daily basis from Thursday, a judge said."We will continue hearing on a day-to-day basis," Justice Swa...

Cable makers in a fix as Sterlite smelter shuts down

May 22, 2013 at 13:09 | Source: FirstPost

New Delhi: India's cable makers face a severe shortage of copper and potential manufacturing delays after the closure of the country's two biggest copper smelters, which has pushed up prices and led to a spike in imports.India's biggest smelter, owne...

BSE Sensex sheds 112 as share sales, Fed meet weigh

May 21, 2013 at 20:22 | Source: DomainB

Benchmark indices fell for the second successive session Tuesday, as the market is trying to digest the heady gains of the past few weeks. Brokers said share sales by promoters trying to meet the 25 percent minimum public shareholding rule, and the ...

Sensex touches 20,300; Coal India, BHEL, ICICI Bank up

May 21, 2013 at 14:45 | Source: Economic Times

MUMBAI: The S&P BSE Sensex pulled back in the positive terrain and hit fresh intraday high on Tuesday led by gains in Coal India, ICICI Bank, HDFC Bank and Reliance Industries even as the European markets were subdued. At 02:15 p.m., the 30-share in...

BSE Sensex, Nifty end lower; pharma stocks take hit

May 21, 2013 at 06:22 | Source: DomainB

Indian shares took a breather on Monday and closed marginally in red on profit booking after hitting fresh 2.5 year highs. Pharma companies dragged key equity benchmarks lower while major auto stocks ended in green. The Sensex closed at 20223.98, do...

Vedanta hopeful of restarting Lanjigarh refinery by July

May 20, 2013 at 13:17 | Source: Economic Times

NEW DELHI: Diversified conglomerate Vedanta Resources expects to restart its alumina refinery in Odisha'sLanjigarh by July and is hopeful of securing approvals for doing mining at Niyamgiri hills in the state by September. "Management expects that t...

BSE Sensex rises for 4th day, up 39 points as ICICI Bank, L&T gain

May 19, 2013 at 03:57 | Source: Business Today

The BSE Sensex continued its upward march for the fourth straight day, rising by 39 points on Friday to close at a fresh 28-month high of 20,286.12 amid increased capital inflows.Helped by buying in ICICI Bank, L T and Infosys shares, the 30-share i...

BSE Sensex at fresh 28-month high, up 34 points on capital inflows

May 17, 2013 at 13:47 | Source: Business Today

The BSE Sensex rose for the third straight session, closing Thursday's trade over 34 points higher and hitting a fresh 28-month high on buying mainly in realty, oil gas, healthcare and banking stocks, amid strong foreign capital inflows.Brokers said...

Court to resume Sterlite case hearing on May 22

May 17, 2013 at 02:15 | Source: FirstPost

NEW DELHI (Reuters) - Sterlite Industries' (STRL.NS) copper smelter will remain shut until at least May 22 when a court will resume hearing into complaints of emissions from India's largest smelter.Justice Swatanter Kumar of the National Green Tribun...

Vedanta sends Dubai copper to Sterlite customers

May 17, 2013 at 01:15 | Source: FirstPost

NEW DELHI (Reuters) - Vedanta Resources Plc(VED.L) is exporting 4,000 tonnes of refined copper a month from Dubai to customers of Sterlite Industries, whose smelter will stay shut until at least May 22 when a court resumes hearing a case over its clo...

Complaints against us are 'politically motivated': Sterlite

May 16, 2013 at 20:00 | Source: NDTV Profit

Sterlite Industries Limited, a UK-based Vedanta Group company, today told the National Green Tribunal (NGT) that the complaints of alleged gas leakage from its copper smelting plant in Tamil Nadu's Tuticorin district were "politicall...

Court to resume Sterlite case hearing on May 22

May 16, 2013 at 18:00 | Source: NDTV Profit

Sterlite Industries' copper smelter will remain shut until at least May 22 when a court will resume hearing into complaints of emissions from India's largest smelter. Justice Swatanter Kumar of the National Green Tribunal, a fast-trac...

Sensex at fresh 28-month high; up 34 points on capital inflows

May 16, 2013 at 17:16 | Source: Economic Times

MUMBAI: Rising for the third straight session, the BSE benchmark Sensex today rose by over 34 points to 20,247.33 to hit a fresh 28-month high on buying mainly in realty, oil&gas, healthcare and banking stocks, amid strong foreign capital inflows. T...

O&G company Cairn India help Vedanta up profit 21%

May 16, 2013 at 14:17 | Source: FirstPost

London: India-focused miner Vedanta's full-year earnings rose 21 percent, as revenue from oil and gas assets acquired in late 2011 helped offset iron ore mining bans that cost it almost $500 million in lost profit.Vedanta said earnings before interes...

Top 19 trading strategies in raging markets

May 16, 2013 at 13:27 | Source: Economic Times

NEW DELHI: The Nifty scaled fresh 30-month high in trade on Thursday, led by strong buying in rate sensitive stocks. Investors added rate sensitive stocks to their portfolio on hopes of rate cuts in coming months. Banks, realty and healthcare stocks ...

Twelve stocks in focus in Wednesday morning trade

May 15, 2013 at 08:26 | Source: Economic Times

NEW DELHI: Indian markets are likely to trade in a range with a positive bias on Wednesday. The immediate support level for Nifty is around 5980. "The Nifty is expected to head lower till 5950. In this period the key support will be at around 5980 a...

Sterlite copper smelter stays shut, court case continues

May 15, 2013 at 01:15 | Source: FirstPost

NEW DELHI (Reuters) - India's largest copper smelter will remain shut until at least May 16, when a court hearing will resume into complaints of emissions from the plant.The facility meets half of India's demand for the metal, and a near seven-week c...

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