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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.

SC lifts ban on Goa mining, fixes annual cap at 20 MT

Last Updated: Monday, April 21, 2014, 15:27

The Supreme Court on Monday lifted the ban on Goa mining and allowed an annual cap of 20 million tonnes of iron ore excavation, down from earlier 40 MT.

Anil Agarwal to be Chairman Emeritus of Sesa Sterlite

Last Updated: Monday, March 31, 2014, 14:59

In a major overhaul of its Board, Vedanta group firm Sesa Sterlite on Monday said its Non-executive Chairman Anil Agarwal will now become Chairman Emeritus and play the role of Chief Mentor.

IT Dept surveys Sesa Sterlite offices on tax refund claims

Last Updated: Friday, March 21, 2014, 21:13

The Income Tax Department on Friday conducted 'survey' at different offices of Sesa Sterlite, the main operating company of London-listed Vedanta Resources, in connection with about Rs 1,500 crore tax refund claimed by the company.

Sesa Sterlite's copper smelter to be shut for 22 days: Sources

Last Updated: Tuesday, March 18, 2014, 16:00

Sesa Sterlite, a unit of billionaire Anil Agarwal-controlled Vedanta Resources Plc , produces 30,000 tonnes of refined copper per month and exports half of that to China.