Vedanta Aluminium

Vedanta Group has cut nearly 4,000 jobs in India since January

Vedanta Group has cut nearly 4,000 jobs in India since January

Metals and mining conglomerate Vedanta Resources, which has a sizable presence in India in oil and gas, aluminium, iron ore and zinc sectors, has slashed nearly 4,000 direct and indirect jobs in the country since January this year.

Sep 23, 2015, 18:55 PM IST

Vedanta Aluminium goes on workforce reduction, cost cuts

Mining giant Vedanta Resources has resorted to "aggressive cost reduction" and "workforce reduction" in its aluminium segment amid subdued and volatile market conditions globally.

Sep 10, 2015, 22:06 PM IST

Imports, falling aluminium prices may lead to job cuts: Vedanta

Hit by cheap imports and falling prices of aluminium in the global market, domestic industry will be forced to take "drastic steps" like job cuts and production cap, Vedanta Aluminium said Tuesday.

Jul 21, 2015, 21:55 PM IST

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

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).

Jul 31, 2014, 15:02 PM IST

Vedanta Aluminium gets village's nod to expand refinery

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

Jul 30, 2014, 17:44 PM IST

India rejects Vedanta's bauxite mine request

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.

Jan 11, 2014, 15:46 PM IST

Anil Agarwal regrets investing in aluminium project in Odisha

His comments come in the backdrop of Vedanta's alumina refinery project at Lanjigarh in Odisha.

Nov 29, 2013, 15:48 PM IST

Vedanta Aluminium aims to triple capacity

Vedanta Aluminium will triple its capacity by 2015 to 2.3 million tonnes to cater for an expected surge in demand in India, its managing director said, even though its inability to source enough alumina at home has forced it to import the raw material.

Oct 21, 2013, 13:42 PM IST

Vedanta moves PMG for Lanjigarh refinery expansion

Mining conglomerate Vedanta Group has approached Prime Minister's Project Monitoring Group, which was established to fast track stalled large investment projects, seeking environment clearance for expansion of its Lanjigarh alumina refinery in Odisha to 6 million tonnes.

Oct 20, 2013, 15:43 PM IST

'Sterlite merger, Vedanta Aluminium biz demerger effective'

In a BSE filing, the company also said that its wholly-owned subsidary Bloom Fountain Limited would acquire 38.68 percent stake in Cairn India together with associated debt, effective from August 26.

Aug 20, 2013, 20:48 PM IST

Vedanta Aluminium optimistic of getting bauxite from Odisha

Days after restarting its refinery in Odisha's Kalahandi district following a seven-month shutdown due to a bauxite scarcity, Vedanta Aluminium Limited is optimistic about getting the ore from the state itself.

Jul 22, 2013, 20:30 PM IST

Vedanta Aluminium seeks bauxite supply to run Lanjigarh plant

Stating that VAL's refinery in the tribal dominated and backward Lanjigarh block remained closed since December 5, 2012, Kumar said the company had been pleading for bauxite availability since a long time.

Apr 13, 2013, 22:17 PM IST

Bombay HC approves Sterlite Industries merger proposal

Sterlite Industries (India) Ltd on Wednesday said the Bombay High Court has approved the merger of the mining firm with Madras Aluminium Company, Sterlite Energy Ltd, Vedanta Aluminium and Sesa Goa.

Apr 03, 2013, 14:41 PM IST

Orissa to discuss alumina refinery issue with VAL tomorrow

Odisha government has called Vedanta Aluminium for a meeting tomorrow on supply of bauxite to the company's closed alumina refinery in the state amid several representations by local people to reopen the plant.

Feb 14, 2013, 22:45 PM IST

SC stays order asking Vedanta Aluminium to deposit security

The high court in December 2012 had also directed billionaire Anil Agarwal-controlled Vedanta Aluminum not to sell, lease or create third party rights on the asset for the same amount.

Jan 08, 2013, 21:02 PM IST

VAL unlikely to start operation in Lanjigarh in near future

"It is very difficult to give a timeline. Unless we get secured source of supply of raw material, we will not be able to reopen the plant," President of Vedanta Aluminium, Mukesh Kumar said.

Dec 23, 2012, 16:11 PM IST

Vedanta Aluminium mulls job cuts at Lanjigarh alumina unit

Vedanta Aluminium Ltd (VAL) had closed its Lanjigarh alumina refinery earlier this month citing short supply of bauxite, a key raw material.

Dec 19, 2012, 22:14 PM IST

Vedanta Aluminium resumes operation after bauxite availability

However, it would take two to three days to resume actual production as it involves a gradual process, he said, adding the captive power plant is also being made operational.

Oct 22, 2012, 16:53 PM IST

Odisha govt urged to arrange bauxite for Vedanta Aluminium

In the interest of workers and others associated with the plant indirectly, the state government must take steps to provide raw material to VAL from some source, including a bauxite reserve, he said.

Oct 15, 2012, 20:52 PM IST

Vedanta may close alumina refinery in Odisha by Dec

Vedanta group may close its 1 MTPA alumina refinery in Odisha's Lanjigarh by December first week as the company is facing severe shortage of bauxite, company sources said.

Sep 04, 2012, 18:51 PM IST