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  • Vedanta delisting failure: The options in front of shareholders Oct 12, 2020 11:28 AM IST

    Vedanta delisting failure: The options in front of shareholders

    Vedanta’s shares tumbled after its delisting bid failed, bringing back into focus its undervaluation

  • Sterlite plant to stay shut, Madras High Court junks pleas to reopen Vedanta facility Aug 18, 2020 11:02 AM IST

    Sterlite plant to stay shut, Madras High Court junks pleas to reopen Vedanta facility

    The Madras HC upheld the Tamil Nadu government's order of May 2018, directing closure of the copper unit.

  • Exclusive: Indigrid sponsor Sterlite launches unit sale to raise up to Rs 850 crore Aug 13, 2020 11:05 PM IST

    Exclusive: Indigrid sponsor Sterlite launches unit sale to raise up to Rs 850 crore

    The sale of units has been priced at a discount of 1.26 percent to 3.25 percent of today’s closing price of Rs 100.26. Citi and Edelweiss are the brokers/advisors to the deal, say sources.

  • Vedanta rises 3% after denying rumours of bid for Essar Steel Feb 20, 2019 10:26 AM IST

    Vedanta rises 3% after denying rumours of bid for Essar Steel

    Vedanta also said it will file a writ petition before the Madras High Court against orders directing the closure of the Sterlite copper plant

  • NGT sets aside Tamil Nadu govt's order to shut down Vedanta copper smelter Dec 15, 2018 02:30 PM IST

    NGT sets aside Tamil Nadu govt's order to shut down Vedanta copper smelter

    The court directed the Tamil Nadu state pollution regulator to pass a fresh order of renewal of consent for Vedanta's copper smelter within 3 weeks.

  • India's Sterlite, China's State Grid win Brazil power licenses Jun 29, 2018 07:35 AM IST

    India's Sterlite, China's State Grid win Brazil power licenses

    Some 47 companies and consortia registered to present bids at the auction at Sao Paulo's stock exchange B3, which led to a competitive round.

  • 1,300 tonnes of sulphuric acid removed from Sterlite plant: Tuticorin collector Jun 23, 2018 06:23 PM IST

    1,300 tonnes of sulphuric acid removed from Sterlite plant: Tuticorin collector

    Following violence and police firing on May 22 and 23, in which 13 people died, the plant was closed by the state government.

  • Sterlite: BJP slams DMK, others for questioning anti-social infiltration theory Jun 01, 2018 07:15 PM IST

    Sterlite: BJP slams DMK, others for questioning anti-social infiltration theory

    The violence during the protest and the police firing, which claimed 13 lives, were unfortunate. But some people were not able to bear with the remarks of other people on the issue, state BJP President Tamilisai Soundararajan told reporters.

  • Sterlite plant closure may turn India into copper importer: Report May 31, 2018 09:58 AM IST

    Sterlite plant closure may turn India into copper importer: Report

    The plant produced 46 percent of India's copper demand. A permanent shut down will squeeze domestic supply for the next two months.

  • COMMENT | TN government agencies should cop criticism over Sterlite fiasco May 29, 2018 08:01 PM IST

    COMMENT | TN government agencies should cop criticism over Sterlite fiasco

    Ironically, the political parties that are protesting against the plant have at some point or the other, been responsible for clearing the path for the plant

  • Land allocation for Sterlite expansion in Tamil Nadu cancelled May 29, 2018 11:38 AM IST

    Land allocation for Sterlite expansion in Tamil Nadu cancelled

    The move comes a day after the Tamil Nadu government ordered the state Pollution Control Board to seal and "permanently" close the Sterlite Copper plant following last week's protests, over pollution concerns, during which 13 people were killed in police firing.

  • Sterlite plant faced three rejections before yes from Tamil Nadu May 24, 2018 08:08 PM IST

    Sterlite plant faced three rejections before yes from Tamil Nadu

    The Delhi-based Centre for Science and Environment (CSE) claimed on Wednesday that the plant did not get the required permissions from the three states over the ‘potential of creating environmental hazards’

  • Tuticorin violence: DMK, allies call dawn-to-dusk bandh on May 25 May 24, 2018 07:49 AM IST

    Tuticorin violence: DMK, allies call dawn-to-dusk bandh on May 25

    The DMK had yesterday called for an all-party protest at all the district headquarters on May 25 to condemn the police firing in Tuticorin district.

  • Ardhagram, Chotia and Amelia North blocks for bidding today Feb 17, 2015 01:30 PM IST

    Ardhagram, Chotia and Amelia North blocks for bidding today

    Amelia North is in Madhya Pradesh and has a reserve of 70.28 million tonne. This is meant for the power sector and there are 11 qualified bidders for this, which include some of the major power players.

  • Sensex up over 100 pts, Nifty hits 8550; Wipro gains 6% Jan 19, 2015 09:14 AM IST

    Sensex up over 100 pts, Nifty hits 8550; Wipro gains 6%

    Wipro gains 6 percent while Hindalco, HDFC Bank, Sesa Sterlite and ONGC. Dr Reddy's Labs and M&M are among losers in the BSE.

  • ArcelorMittal willingly surrendered stakes in 2 coal blocks Feb 20, 2014 07:11 PM IST

    ArcelorMittal willingly surrendered stakes in 2 coal blocks

    ArcelorMittal today said it has voluntarily surrendered its stakes in 2 coal blocks, Rampia and Dip side of Rampia, following its decision to exit from the USD 12 billion steel project in Odisha in July last year.

  • Cleared projects worth Rs 1.5 lakh cr: Veerappa Moily Jan 12, 2014 05:43 PM IST

    Cleared projects worth Rs 1.5 lakh cr: Veerappa Moily

    Moily, who took over the additional portfolio last month from Jayanti Natarajan, plans to clear the backlog before end of the month.

  • Nine cos show interest in 4,000 MW Beda-Bahal UMPP Nov 25, 2013 02:13 PM IST

    Nine cos show interest in 4,000 MW Beda-Bahal UMPP

    The bidders are a mix of companies that are keen on the space - Larsen and Toubro (L&T), Tata Power, Adani, JSW Energy, Jindal Power, Sterlite and NTPC, plus a consortium that includes NHPC, BHEL and southern coal fields.

  • Brokerage calls: How to trade Sesa Goa, Ultratech, Bharti Sep 06, 2013 09:43 AM IST

    Brokerage calls: How to trade Sesa Goa, Ultratech, Bharti

    Find out how brokerages are placing their bets on Sesa Goa, Ultratech and Bharti Airtel.

  • Indian ADRs: ICICI Bank up 13%, HDFC Bank up 6.5% Sep 06, 2013 08:54 AM IST

    Indian ADRs: ICICI Bank up 13%, HDFC Bank up 6.5%

    Indian ADRs ended higher on Thursday. Tata Motors was up 1.66 percent at USD 23.89 and Sterlite was up 0.16 percent at USD 6.27.

  • Buy Sesa-Sterlite, JSPL; shun SAIL, NMDC: Espirito Santo Aug 29, 2013 01:53 PM IST

    Buy Sesa-Sterlite, JSPL; shun SAIL, NMDC: Espirito Santo

    Ritesh Shah of Espirito Santo Securities is positive on Sesa Sterlite and sets a fair value ranging between Rs 180-220.

  • Nifty slips below 5500, rupee weak; ONGC, ICICI Bank fall Aug 26, 2013 11:00 AM IST

    Nifty slips below 5500, rupee weak; ONGC, ICICI Bank fall

    The market is off day's highs, though it is managing to hold the green line for the third day in a row. The Nifty breached 5500 on the upside in early trade but has come off marginally. The Sensex is up 75.35 points or 0.41 percent to 18594.79, and the Nifty is at 5488.15, up 16.40 points.

  • WEEKAHEAD: Mkt may remain volatile; rupee, GDP data watched Aug 25, 2013 09:52 AM IST

    WEEKAHEAD: Mkt may remain volatile; rupee, GDP data watched

    India will report June quarter GDP on Friday, which will indicate how much the economy has slowed. It had recorded a 4.8 percent growth in the previous quarter.

  • Live Market Updates: Rupee volatile; Sensex up 331 pts, Nifty races towards 5400 Aug 22, 2013 01:01 PM IST

    Live Market Updates: Rupee volatile; Sensex up 331 pts, Nifty races towards 5400

    It is a volatile session for the rupee with no clarity form the Fed and tepid global cues. The currency breached the 65 per dollar level in early trade, recovered marginally and then hit a low of 65.56 intra-day. The 10-year bonds were lower following the extended fall in the rupee and the continued bullishness in crude prices.

  • Live Market Updates: Rupee hits 64/$, BSE Sensex erases gains; Bankex up a bit Aug 21, 2013 01:00 PM IST

    Live Market Updates: Rupee hits 64/$, BSE Sensex erases gains; Bankex up a bit

    The market witnesses profit taking after a big gap up opening led by banks and other interest rate sensitives. The Sensex is up 47.54 points or 0.26 percent at 18293.58, and the Nifty is at 5419.65, up 18.20 points or 0.34 percent.

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