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Thursday, July 07, 2022

Vedanta group


Many scenarios, similar outcome: Tuticorin plant may not restart, say experts

July 04, 2022 9:04 am

The offer includes the sale of the copper smelter complex, sulphuric and phosphoric acid plants, copper refinery, a captive power plant and a residential colony, among other associated infrastructure.

Vedanta drops cases against govt to settle retro tax dispute

December 13, 2021 10:13 pm

In a statement, Vedanta said it has used the recently enacted law that scraps all demands levied using a 2012 retrospective tax legislation, to settle the dispute.

Explained: Why NCLT thinks Vedanta is getting Videocon for 'almost nothing'

June 21, 2021 11:59 am

The Mumbai bench of the NCLT has raised questions about Vedanta group company Twin Star Technologies' Rs 2,962 crore bid for 13 Videocon group companies, noting that the applicant was paying "almost nothing".

UK Opposition wants Vedanta delisted from London Stock Exchange

May 26, 2018 3:23 pm

Activists claim it has led to respiratory and skin problems, fainting and other illness, especially among children. The plant releases its waste into the sensitive Gulf of Mannar Biosphere Reserve, an area of coral reefs and mangrove forests, the protesters claim.

Anti-Sterlite protest: Toll 12, videos of police beating, police firing raise heat

May 24, 2018 10:45 am

Relatives of those killed Tuesday, meanwhile, refused to claim the bodies, saying they would do so only after the copper smelter was shut and murder charges registered against those involved in the firing.

Death in Tuticorin

May 24, 2018 12:05 am

Killing of 12 people protesting industrial pollution points to appalling state failures. There must be accountability.

Anti-Sterlite protest: Green consent pending, plant shut, wanted to raise capacity

May 23, 2018 7:09 am

Anti-Sterlite protest: Protesters at the site have cited pollution from the copper plant, including issues relating to disposal of copper waste and effluents from the operational unit, demanding its permanent closure.

Anti-Sterlite protest: Tension simmers in Tamil Nadu's Tuticorin after police firing leaves nine dead

May 23, 2018 3:29 am

Protests have been on since 1999 with residents demanding the closure of the Sterlite copper smelter. Word was awaited from the Madurai bench of the Madras High Court on a petition seeking closure of the plant.

Vedanta unit seeks rollover of $1.25-bn loan from Cairn

May 01, 2016 12:15 pm

The loan, which was extended for two years at floating rate of 3 per cent plus LIBOR, was to be repaid by July 2016.

HC stays auction of 3 Chhattisgarh coal blocks, allows IPOs

February 13, 2015 1:21 am

Delhi High court stayed the electronic auction of Gare Palma IV/1, Gare Palma IV/4 and Gare Palma IV/7 on Thursday.