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Govt approves stake sale in Hindustan Zinc, BALCO

Last Updated: Friday, July 25, 2014, 13:40

The government owns 29.5 percent of Hindustan Zinc and 49 percent of BALCO.

Hindustan Zinc Q1 profit dips 3 pc to Rs 1,618 cr

Last Updated: Monday, July 21, 2014, 19:33

Vedanta Group company Hindustan Zinc Ltd (HZL) today reported nearly 3 percent dip in net profit at Rs 1,618 crore for the first quarter ended June 30 on the back of lower volumes and increased expenses.

PIL filed in SC for scrapping HZL-Vedanta deal of 2002

Last Updated: Wednesday, June 18, 2014, 18:06

Twelve years after the government sold its stake in Hindustan Zinc Ltd (HZL) to Vedanta group during the previous NDA rule, a PIL has been filed Wednesday in the Supreme Court seeking quashing of the deal.

Govt likely to sell HZL stake via OFS; may fetch Rs 20,000 cr

Last Updated: Monday, June 16, 2014, 19:00

The government is likely to sell its residual stake in Hindustan Zinc for an estimated Rs 20,000 crore through an Offer For Sale, and is in final stages of discussion with market regulator SEBI for changes in the OFS norms.

Fitch downgrades Vedanta to 'BB'; withdraws ratings

Last Updated: Friday, June 06, 2014, 19:30

International rating agency Fitch today downgraded Anil Agrawal promoted Vedanta's credit rating to 'BB' from BB+ with a stable outlook and then withdrew its ratings.

EC nod sought for appointing valuers in HZL, Balco stake sale

Last Updated: Thursday, April 03, 2014, 21:12

The Disinvestment Department has approached the Election Commission seeking its approval for appointing valuers for government's residual stake in Hindustan Zinc and Balco.

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.

Hindustan Zinc and Sesa Sterlite say there is no plan to merge

Last Updated: Thursday, January 23, 2014, 21:37

Hindustan Zinc and Sesa Sterlite, group companies of mining and metal major Vedanta Resources, have said they are not considering a plan to merge.

HZL rallies 7% as CCEA approves sale of govt's residual stake

Last Updated: Tuesday, January 21, 2014, 14:09

Shares of Hindustan Zinc Tuesday rose almost 7 percent in trade after the Cabinet Committee on Economic Affairs (CCEA) approved the sale of the government's residual stake in HZL.

Hindustan Zinc Q3 net profit rises 7% to Rs 1,723 crore

Last Updated: Friday, January 17, 2014, 16:25

Higher revenue and better margins helped Hindustan Zinc's net profit to rise 7 percent to Rs 1,723 crore in the third quarter of the current financial year from Rs 1,613 crore a year ago.

Attorney General clears Hindustan Zinc stake sale via auction

Last Updated: Tuesday, January 14, 2014, 20:32

Government's 29.5 percent stake in HZL is worth Rs 16,000 crore at current market valuation.

Sesa Sterlite shares down over 3% on CBI investigation

Last Updated: Tuesday, December 24, 2013, 13:50

Shares of Sesa Sterlite on Tuesday fell by over 3 percent after the CBI registered a preliminary enquiry against Vedanta Group Chairman Anil Agarwal and unknown officials in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL).