News from other websites on Vedanta
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...
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...
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...
Standard Poor's removes Vedanta Resources from negative credit watch
May 18, 2013 at 18:57 | Source: Financial Express
Standard Poor's has removed Vedanta Resources from negative credit watch saying that the London-listed firm's re-financing risk has reduced after securing funds. "We affirmed the ratings and removed them from CreditWatch because Vedanta Resources' r...
Vedanta Resources: Hindustan Zinc, Bharat Aluminium stake sale will be a windfall
May 17, 2013 at 20:17 | Source: Financial Express
Vedanta Resources today said its offer to buy out government stakes in Hindustan Zinc and Bharat Aluminium Company (Balco) for which it is awaiting the response will be "windfall" for all stakeholders. "We have no doubt that this (deal to acquire re...
S&P removes Vedanta from negative credit watch
May 17, 2013 at 18:00 | Source: NDTV Profit
New Delhi: Standard & Poor's has removed Vedanta Resources from negative credit watch saying that the London-listed firm's re-financing risk has reduced after securing funds. "We affirmed the ratings and removed them ...
Standard Poor's removes Vedanta from negative credit watch
May 17, 2013 at 17:25 | Source: Economic Times
NEW DELHI: Standard & Poor's has removed Vedanta Resources from negative credit watch saying that the London-listed firm's re-financing risk has reduced after securing funds. "We affirmed the ratings and removed them from CreditWatch because Vedanta...
S&P removes Vedanta from negative credit watch on reduced risk
May 17, 2013 at 16:48 | Source: FirstPost
New Delhi: Standard & Poor's has removed Vedanta Resources from negative credit watch saying that the London-listed firm's re-financing risk has reduced after securing funds."We affirmed the ratings and removed them from CreditWatch beca...
New hurdles: Is Vedanta fighting a losing battle for Niyamgiri?
May 17, 2013 at 15:06 | Source: FirstPost
A month after the Supreme Court directed the Odisha government to conduct gram sabhasto decide the fate of bauxite mining at the ecologically sensitive Niyamgiri hills, it seemseven if Vedanta gets the green signal--which anyway is highly unlikely--i...
BSE Sensex closes slightly up; bulls pause for a breather
May 17, 2013 at 13:47 | Source: DomainB
Shares crawled higher Thursday, as investors trade cautiously with benchmark indices quoting at their highest levels in nearly two-and-a-half years. Buyers shifted attention to mid-cap shares, as these are now beginning to look attractive relative t...
Vedanta says spending cycle ending, cash gusher ahead
May 17, 2013 at 11:26 | Source: DNA India
Vedanta Resources the London-listed India-focussed mineral conglomerate is looking forward to a healthy run of better cash flows and margins in the next few years, now that its capital expenditure cycle is coming to an end. While analysts are still ...
BSE Sensex gains 21 points in early trade
May 17, 2013 at 09:42 | Source: Financial Express
BSE Sensex opens in green, up 21 points continues to trade up 20,000 mark at 20,268. NSE Nifty also traded above 6000 mark GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange are 0.46 percent up and the MSCI-Asia Pacific index excluding...
Fourteen stocks in focus in Friday morning trade
May 17, 2013 at 08:45 | Source: Economic Times
NEW DELHI: Indian markets are likely to trade in a range with a positive bias on Friday. The immediate support level for Nifty is around 6101. "The Nifty is expected to head higher till 6220. In this period the key support will be around 6101 and re...
Slight dip in Bajaj Auto profit
May 17, 2013 at 04:27 | Source: Calcutta Telegraph News
May 16: Bajaj Auto today reported a marginal decline in standalone net profit for the fourth quarter ended March 31 at Rs 765.77 crore compared with Rs 772 crore in the corresponding period last year. The standalone net income during the fourth quar...
Sibal clears use of options for M&A deals
May 17, 2013 at 01:15 | Source: Business Today
A file photo of Kapil Sibal Foreign investment in Indian firms is all set to get a boost as government has decided to move ahead with a proposal to allow "put" and "call" options in share purchase agreements to permit listed companies to buy or sell...
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...
Cairn India to spend $3 billion on oil exploration in 3 years
May 17, 2013 at 00:00 | Source: NDTV Profit
Vedanta group firm Cairn India will invest $3 billion (over 16,000 crore) in the next three years to expand its oil and gas production in the country, a top company official said today. Of this, more than 80 per cent (over Rs 12,800 crore) of the tot...
HZL, Balco stake sale will be windfall for everyone: Vedanta
May 16, 2013 at 21:52 | Source: The Hindu BusinessLine
New Delhi, May 16: Vedanta Resources today said its offer to buy out government stakes in Hindustan Zinc and Bharat Aluminium Company (Balco) for which it is awaiting the response will be “windfall” for all stakeholders.“We have no...
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...
Vedanta core profits up 21 per cent at $4.88 bn, thanks to Cairn India
May 16, 2013 at 18:56 | Source: Business Today
Buoyed by earnings from subsidiary Cairn India and higher metals production, Vedanta Resources has reported a 21 per cent increase in its core profits at $4.88 billion for the year ended March 2013.The natural resources giant, most of whose operatio...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
