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Vedanta may invest Rs 10k-cr on Lanjigarh refinery expansion

Last Updated: Thursday, July 31, 2014, 15:02

Vedanta Aluminium, a unit of NRI billionaire Anil Agarwal-led Sesa Sterlite, may invest Rs 10,000 crore to raise the capacity of its alumina refinery at Lanjigarh in Odisha to six million tonnes per annum (mtpa).

Vedanta Aluminium gets village's nod to expand refinery

Last Updated: Wednesday, July 30, 2014, 17:44

Vedanta Aluminium has been struggling to source sufficient bauxite to feed the 1 million tpy alumina refinery since its commissioning in August 2007.

Hindalco plans to raise Rs 5,000 cr

Last Updated: Friday, July 18, 2014, 21:29

Aditya Birla Group firm Hindalco Industries plans to raise up to Rs 5,000 crore by issuing equity shares to institutions or through other options.

Hindalco Q4 net profit drops 48.51% to Rs 248.15 crore

Last Updated: Thursday, May 29, 2014, 21:01

Leading metals producer Hindalco Industries today reported a 48.51 percent decline in standalone net profit to Rs 248.15 crore in the fourth quarter ended March 31, mainly due to exceptional items.

Nalco Q4 Net dip by 30% to Rs 172 crore

Last Updated: Wednesday, May 28, 2014, 22:47

National Aluminium Company Ltd (Nalco) Wednesday reported 29.9 percent drop in net profit at Rs 172.45 crore for the quarter ended March 31 on the back of lower income and higher expenses.

Vedanta's oil, zinc output up in FY14; iron ore, copper down

Last Updated: Thursday, April 10, 2014, 15:40

Output of refined zinc rose 11 percent to 7.49 lakh tonnes, while mined metal zinc content rose 1 percent.

NALCO inks MoU with Ministry for Higher Production & Sales

Last Updated: Saturday, March 22, 2014, 20:15

National Aluminium Company Limited (NALCO) has signed an MoU with Union Ministry of Mines regarding financial and non-financial targets for 2014-15.

Nalco capex down by 32% at Rs 1,181 cr for 2014-15

Last Updated: Sunday, February 23, 2014, 15:38

Aluminium producer Nalco' capital expenditure target has been pruned by 32 percent to Rs 1,181 crore for 2014-15 due to repeated failure of the PSU in meeting targeted expenditure in previous years.

Vedanta to bid for HZL shares if price lucrative: Agarwal

Last Updated: Tuesday, February 04, 2014, 20:49

Vedanta will bid for acquiring remaining government stake in Hindustan Zinc if the price offered is lucrative, its chairman Anil Agarwal said on Tuesday.

India rejects Vedanta's bauxite mine request

Last Updated: Saturday, January 11, 2014, 15:46

Vedanta Aluminium`s 1 million tonne-a-year alumina refinery in the eastern state has been struggling to source key raw material bauxite since its commissioning in August 2007.

Govt likely to divest remaining Balco shares via auction route

Last Updated: Wednesday, January 08, 2014, 21:49

The government is likely to sell its remaining stake in aluminium major Balco through auction route following Law Ministry's opinion that "there appears no constitutional or legal issue involved" in selling shares of the company via offer for sale (OFS) method.

NALCO bags "excellent" MoU score

Last Updated: Friday, December 27, 2013, 16:31

With reference to the MoU signed with Union Ministry of Mines, Navratna PSU National Aluminium Company Ltd (NALCO) has been awarded Excellent MoU score of 1.5 by the Department of Public Enterprises for its outstanding performance in 2012-13, according to the company.