Jul 27, 2021 09:51 PM IST
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.
- Sep 25, 2017 07:45 AM IST
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.
- Feb 09, 2017 02:54 PM IST
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.
- Jan 11, 2017 04:02 PM IST
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.
- Dec 05, 2016 04:19 PM IST
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.
- Nov 01, 2016 02:15 PM IST
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.
- Oct 28, 2016 06:00 PM IST
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.
- Oct 20, 2016 02:08 PM IST
"There has been no discussion on this topic (share buyback)," he told reporters here, adding that the company does not respond to market speculation.
- Oct 10, 2016 01:56 PM IST
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.
- Aug 06, 2016 08:24 PM IST
The government is exploring options to sell its stake in the Hindustan Zinc, Power and Mines Minister Piyush Goyal told CNBC-TV18.
- Aug 05, 2016 10:08 AM IST
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.
- Jul 29, 2016 08:58 PM IST
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.
- Jun 30, 2016 11:04 AM IST
"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.
- Apr 20, 2016 08:52 AM IST
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.
- Jan 06, 2016 08:25 PM IST
Heads of Aluminium, Copper, Power and Iron ore business will report to the new CEO
- Dec 30, 2015 09:48 PM IST
By: Gerald Manoharan, Partner, JSA
- Nov 19, 2015 05:09 PM IST
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
- Aug 19, 2015 09:09 PM IST
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.
- Aug 19, 2015 05:37 PM IST
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.
- Jul 27, 2015 09:48 PM IST
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.
- Jul 10, 2015 07:30 PM IST
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.
- Jul 06, 2015 11:44 AM IST
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.
- Jul 06, 2015 09:44 AM IST
Government sources said the Finance Ministry was unlikely to push for residual stake sale in HZL and Balco without the Mines Ministry‘s approval.
- Jun 18, 2015 08:56 AM IST
Finance Minister Arun Jaitley says India has the potential to achieve higher than 7-7.5% growth rate.
- Jun 12, 2015 10:16 PM IST
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.