Day-long stir to be held against Sterlite plant

A day-long general strike demanding permanent closure of the copper smelter plant of Sterlite Industries (India) Ltd will be held on Monday at Tuticorin, said MDMK party general secretary Vaiko Saturday.

Sterlite plants 15000 tree saplings on Environment Day

To mark environment day, Sterlite Copper planted 15000 tree saplings inside the company premises here today, a top official said.

Sterlite Industries lose Asarco to Grupo Mexico

Grupo Mexico SAB can regain control of its bankrupt US copper miner, a judge in Texas ruled in rejecting a competing offer from Sterlite Industries (India) Ltd.

Sterlite Energy files DRHP with SEBI; to raise Rs 5,100 cr

Sterlite Energy, a subsidiary of Sterlite Industries on Friday filed a draft prospectus with market regulator SEBI for an initial public offer to raise up to Rs 5,100 crore from the capital market.

Battle for Asarco to face key test in Texas court

India`s Sterlite Industries and Grupo Mexico SAB de CV will head to court on Monday to begin the final stage of their year-long face off for control of bankrupt US copper miner Asarco.

Sterlite ready to pay $2.565 bn in cash to buy out Asacrco

Modifying its bid for bankrupt US-based copper miner Asarco, Sterlite Industries is understood to have offered USD 2.565 billion in an all cash deal.

Sensex plunges 158 points in opening trade on global cues

Sensex fell further by over 158 points in opening trade on Wednesday on increased capital outflows by funds, triggered by weakening trends in global markets.

Sterlite hikes cash component of Asarco offer to USD 2.1 bn

Vedanta group firm Sterlite Industries on Thursday said it has increased the cash component of its offer for acquiring US-based bankrupt copper miner Asarco by USD 500 million to nearly USD 2.1 billion.