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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.

$1.25 bn loan from Cairn India win-win for both: Vedanta

Last Updated: Tuesday, July 29, 2014, 20:13

Analysts were of the view that the if Cairn did not have a better usage of its cash, it should have rewarded its shareholders buy way of bonus etc.

BSE, NSE clear merger of 2 units with Sesa Sterlite

Last Updated: Tuesday, July 22, 2014, 19:07

The merger of Goa Energy and Sterlite Infra with Sesa Sterlite has been cleared by the two leading stock exchanges - BSE and NSE.

Stan Chartered to invest Rs 500-cr in Sterlite Power Grid

Last Updated: Monday, July 07, 2014, 12:55

Power transmission solutions provider, Sterlite Technologies has entered into an agreement to raise Rs 500 crore through equity infusion from Standard Chartered Private Equity for funding its existing as well as new projects, the company said Monday.

Sesa expects to resume Goa iron ore production in Sept

Last Updated: Thursday, July 03, 2014, 13:35

Sesa Sterlite Ltd, India`s largest private iron ore miner, expects to resume production in the country`s Goa state in September, a senior official of the company said on Thursday.

Sesa Sterlite hopes to start Goa mining in 2nd half of fiscal

Last Updated: Tuesday, June 17, 2014, 00:28

Metal and mining conglomerate Sesa Sterlite hopes to start mining in Goa in the second half of the current fiscal.

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.

Sesa Sterlite not to lay off 1,017 employees on notice

Last Updated: Thursday, May 01, 2014, 12:57

The layoff notices were given following the closure of iron ore business of Sesa Sterlite due to a Supreme Court imposed ban on mining in the state.

Sesa Sterlite reports Rs 1,621.55 cr net profit in Q4

Last Updated: Tuesday, April 29, 2014, 18:53

The company, previously known as Sesa Goa, had reported net profit of Rs 297.51 crore and net sales of Rs 287.49 crore in the January-March quarter of 2012-13 fiscal, it said in a filing to the BSE.

Working to get required nod to reopen Goa mines: Sesa Sterlite

Last Updated: Tuesday, April 22, 2014, 23:02

"The company is working towards securing the necessary permissions for commencement of operations at the earliest," it added.

Sensex, Nifty hit all-time high levels; Sesa Sterlite up 4.78%

Last Updated: Monday, April 21, 2014, 18:05

Sensex Monday rose to its all-time high of 22,795.58 but settled the day a few points lower at 22,764.83--its life-time closing high-- on hectic buying in blue-chip stocks L&T, ICICI Bank and SBI.