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    • Vedanta Group retrenches about 4k jobs in India since Jan

    • Balco begins to shut rolling business; 1K jobs to be lost

    • Sepco hands over first unit of Balco's Rs 5k cr power plant

    • Govt transfers ECs of 19 coal blocks of total 29 so far

    • Cancelled JSPL, Balco mines given to Coal India

    • See no logic for govt holding on to SUUTI shares: Expert

    • Sesa Sterlite falls 3% on CBI investigation

    • Govt may expedite divesting stake in HZL, Balco: Tulsian

      SP Tulsian of sptulsian.com says,” I think the government will now be happy to expedite the process of divesting their residual stake in HZL as well as in Balco.”

    • Vedanta sweetens offer for govt's stake in Hind Zinc, Balco

      Vedanta currently holds 51% stake in Balco and 64.92% stake in Hindustan Zinc through its subsidiary Sesa Sterlite.

    • Hind Zinc, Balco stake sale may ease govt's fiscal burden

      Accoding to sources in the finance ministry, there is enough leeway in the Budget to manage the Rs 40,000-50,000 crore fiscal deficit stress. The government may fetch Rs 25,000 crore from Hindustan Zinc, Bharat Aluminium Company (BALCO) stake sale instead of Rs 14,000 crore.

    • FinMin wants Hind Zinc, Balco's stake sale fast-tracked

      The government has a residual stake of 29.5 percent stake in Hindustan Zinc and 49 percent stake in Bharat Aluminium Company (BALCO) and the divestment programme would bring in over Rs 13000 crore (USD 2--2.5 billion) to the government.

    • Vedanta best bet for Hindustan Zinc stake sale: Tulsian

      In an interview to CNBC-TV18, SP Tulsian of sptulsian.com said that the clearence of HZla nd BALCO's stake sale this is an excellent move. he believes that stake sale to Vedanta is a better option then an open market sale because that would decrease the value of the stake held by the government.

    • Vedanta to offer 'fair' price for HZL, Balco

      Vedanta on Tuesday said it will fork out the right price, arrived at a "transparent process", for buying out government's residual stake in Hindustan Zinc (HZL) and Bharat Aluminium Company (Balco).

    • Karat warns a 'stormy' session after Anand's remarks on FDI

      CPI(M) today warned that the upcoming winter session will turn "stormy" if the government takes refuge in Commerce Minister Anand Sharma's argument that executive decisions like that of allowing FDI in retail could not be voted in Parliament.

    • Hindustan Zinc up on reports of higher Vedanta offer

      Shares in Hindustan Zinc gain 2% on media reports that Vedanta Group is willing to increase its offer price to buy the government's remaining stakes in Hindustan Zinc and Bharat Aluminium Company (Balco).

    • Vedanta offers Rs 16000 cr for HZL, BALCO

      Vedanta Resources has offered to pay Rs 16,000 crore to purchase the stake of the government in Hindustan Zinc (HZL) and Bharat Aluminium Company (BALCO). This valuation has been arrived at based on the January market price.

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