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  • Vedanta to invest over Rs 6,600 crore in 2 years to ramp up Balco's smelter capacity Jul 27, 2021 09:51 PM IST

    Vedanta to invest over Rs 6,600 crore in 2 years to ramp up Balco's smelter capacity

    Balco's smelter capacity, as a result, will increase by 414 kilo-tonnes per annum (KTPA), taking its total capacity to close to one million tonne.

  • CGECB notice to BALCO for closure of thermal power plant Sep 25, 2017 07:45 AM IST

    CGECB notice to BALCO for closure of thermal power plant

    The notice pertaining to the closure, issued to the plant management, mentioned that ash slurry water from the damaged ash dam is polluting water of a Belgiri nullah (canal) passing near the plant that drains into Hasdeo river.

  • Expect legal view on HZL share sale in a month: Govt Feb 09, 2017 02:54 PM IST

    Expect legal view on HZL share sale in a month: Govt

    Legal opinion on the proposed buying of government's residual stake in Hindustan Zinc Ltd (HZL) by Vedanta is expected within a month, the Mines Ministry said today.

  • Balco seeks MoEF nod for revised mine plan for Chotia block Jan 11, 2017 04:02 PM IST

    Balco seeks MoEF nod for revised mine plan for Chotia block

    The company recently informed the Coal Ministry that the prior allottee (of Chotia coal block) did not create any mining infrastructure in the underground parts and only mined the opencast portion of Chotia I coal block which is exhausted, an official said.

  • Aim to produce 50% of India's oil needs: Vedanta Dec 05, 2016 04:19 PM IST

    Aim to produce 50% of India's oil needs: Vedanta

    Keen on the Indian growth story, Anil Agarwal, Chairman of Vedanta said that he wants to meet the country's growing demand and aims to produce 50 percent of India's oil needs.

  • Surge in zinc prices, Vedanta chief's stake buy comment lift HZL Nov 01, 2016 02:15 PM IST

    Surge in zinc prices, Vedanta chief's stake buy comment lift HZL

    Shares of Hindustan Zinc gained roughly 9 percent in trade today. Surge in zinc prices to 5-year highs coupled with commentary from Vedanta Resources Chief Anil Agarwal that the Group will be open to buy stakes in Hindustan Zinc and Balco if government decides to sell could have aided gains.

  • Open to buy Hind Zinc, Balco stakes if govt sells: Anil Agarwal Oct 28, 2016 06:00 PM IST

    Open to buy Hind Zinc, Balco stakes if govt sells: Anil Agarwal

    When the government is ready to sell Hindustan Zinc and Balco stakes, Vedanta Group will want to buy it, says Chairman Anil Agarwal in a candid Diwali special interview to CNBC-TV18.

  • No talks on buyback of shares from govt: Hindustan Zinc CEO Oct 20, 2016 02:08 PM IST

    No talks on buyback of shares from govt: Hindustan Zinc CEO

    "There has been no discussion on this topic (share buyback)," he told reporters here, adding that the company does not respond to market speculation.

  • Vedanta Q2 metal production hit due to snags, power outages Oct 10, 2016 01:56 PM IST

    Vedanta Q2 metal production hit due to snags, power outages

    Despite the hurdles, the firm led by billionaire Anil Agrawal posted a record aluminium production of 2.96 lakh tonnes during the September quarter and saw its power sales rise year-on-year (y-o-y) helped by commissioning of additional units at TSPL and BALCO over the last year.

  • Time for govt to sell residual stake in Hindustan Zinc: Goyal Aug 06, 2016 08:24 PM IST

    Time for govt to sell residual stake in Hindustan Zinc: Goyal

    The government is exploring options to sell its stake in the Hindustan Zinc, Power and Mines Minister Piyush Goyal told CNBC-TV18.

  • Vedanta steps up efforts to buy govt's stake in Hind Zinc: Srcs Aug 05, 2016 10:08 AM IST

    Vedanta steps up efforts to buy govt's stake in Hind Zinc: Srcs

    Vedanta is likely to increase offer to buy out government's stake in the company. Currently, Vedanta holds 64.92 percent and government 29.54 percent in Hind Zinc.

  • Time for govt to sell residual stake in Hind Zinc, Balco: Goyal Jul 29, 2016 08:58 PM IST

    Time for govt to sell residual stake in Hind Zinc, Balco: Goyal

    In an interview to CNBC-TV18 Power Minister Piyush Goyal said it is time the government gives freedom to these companies to grow independently and efficiently.

  • Vedanta eyes 1.7 mt aluminium output this fiscal Jun 30, 2016 11:04 AM IST

    Vedanta eyes 1.7 mt aluminium output this fiscal

    "Ever since April 1 this year, we have been ramping up our aluminium lines at Balco and Odisha. We would expect that all the Balco lines would be raised this year," Vedanta Limited Group CEO Tom Albanese told PTI.

  • Balco to resume rolling products manufacturing at Korba mill Apr 20, 2016 08:52 AM IST

    Balco to resume rolling products manufacturing at Korba mill

    The metal company, a part of Anil Agarwal-led Vedanta Ltd, expects normal production to start from July 15. Balco in August last had announced shutting down of rolling mill in Korba due to "steep fall" in the prices besides dumping from China and falling margins.

  • Vedanta revamps top deck; appoints India metals business CEO Jan 06, 2016 08:25 PM IST

    Vedanta revamps top deck; appoints India metals business CEO

    Heads of Aluminium, Copper, Power and Iron ore business will report to the new CEO

  • Bhatia v. Balco Debate Resolved? Dec 30, 2015 09:48 PM IST

    Bhatia v. Balco Debate Resolved?

    By: Gerald Manoharan, Partner, JSA

  • No need to sweeten Cairn-Vedanta merger contours: Agarwal Nov 19, 2015 05:09 PM IST

    No need to sweeten Cairn-Vedanta merger contours: Agarwal

    Anil Agarwal, founder and chairman, Vedanta, expects to complete the Cairn-Vedanta merger in the coming months and does not think there is any need to sweeten the merger contours of the deal

  • HC seeks Centre's reply on Balco plea Aug 19, 2015 09:09 PM IST

    HC seeks Centre's reply on Balco plea

    A bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva issued notice to the Coal Ministry and sought its reply to Balco's plea by September 17, the next date of hearing.

  • Raising import duty on aluminium products 'tricky': Min Aug 19, 2015 05:37 PM IST

    Raising import duty on aluminium products 'tricky': Min

    The Ministry is reviewing the case for increasing import duty on aluminium and has met with both the primary producers as well as the small companies who import aluminium scrap for various purposes.

  • JSW, JSPL, Vedanta, others in race for 10 coal mines Jul 27, 2015 09:48 PM IST

    JSW, JSPL, Vedanta, others in race for 10 coal mines

    Major players like SAIL, JSW, JSPL and Vedanta are in the race to grab 10 coal blocks on offer in the third tranche next month.

  • Industry demands import duty hike on aluminium metal, scrap Jul 10, 2015 07:30 PM IST

    Industry demands import duty hike on aluminium metal, scrap

    As per statistics of Aluminium Association of India, Indian Aluminium Industry has seen a huge surge in imports in recent years from 8.81 lakh tonne in the year 2010-11 to 15.63 lakh tonne in 2014-15 financial year - primarily from Middle East and China.

  • EIL, OIL, NTPC, BEL fall; govt starts stake sale process Jul 06, 2015 11:44 AM IST

    EIL, OIL, NTPC, BEL fall; govt starts stake sale process

    According to CNBC-TV18 reports, the government is in the process of appointing legal advisors for divesting stakes in Engineers India, Oil India, NTPC, Hindustan Copper and Bharat Electronics.

  • Exclusive: Govt keen to restart divestment drive soon Jul 06, 2015 09:44 AM IST

    Exclusive: Govt keen to restart divestment drive soon

    Government sources said the Finance Ministry was unlikely to push for residual stake sale in HZL and Balco without the Mines Ministry‘s approval.

  • India one of the few economies that is doing well: FM Jun 18, 2015 08:56 AM IST

    India one of the few economies that is doing well: FM

    Finance Minister Arun Jaitley says India has the potential to achieve higher than 7-7.5% growth rate.

  • Vedanta merger meet on Sunday; govt may frown on HZL-BALCO Jun 12, 2015 10:16 PM IST

    Vedanta merger meet on Sunday; govt may frown on HZL-BALCO

    In the past HZL, Balco board meetings a proposal was floated to merge Hindustan Zinc and Balco with Sesa Sterlite, which was rejected by the veto power given to the government under the shareholding agreement.

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