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Odisha to scrap deals with Rio Tinto, Sesa Sterlite, Hindalco

Last Updated: Wednesday, February 25, 2015, 14:23

The Odisha government has decided to scrap joint venture agreements with global major Rio Tinto, Vedanta Group firm Sesa Sterlite and Aditya Birla Group-owned Hindalco Industries, an official said Wednesday.

Sesa Sterlite shares up 3% as Balco bags 2 coal mines

Last Updated: Monday, February 23, 2015, 13:59

Shares of Sesa Sterlite went up by almost 3 percent after the company's subsidiary Bharat Aluminium Company (Balco) bagged one more coal block and total two mines in the first tranche of auction.

Sesa Sterlite may be renamed Vedanta Ltd

Last Updated: Friday, February 20, 2015, 18:00

Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd.

Sterlite sets up $1 lakh fund for broadband tech innovation

Last Updated: Thursday, January 29, 2015, 19:47

Optical fibre maker Sterlite Technologies on Thursday announced setting up of USD 1 lakh fund for promoting innovations in the field of broadband deployment in India.

Sesa Sterlite Q3 consolidated PAT down 11% to Rs 1,588 cr

Last Updated: Thursday, January 29, 2015, 17:35

Sesa Sterlite on Thursday posted 11 percent dip in consolidated profit after tax during the third quarter of the current fiscal at Rs 1,588 crore subdued oil prices lowered income.

Nifty rises to record high; metals shares rally

Last Updated: Tuesday, January 20, 2015, 13:38

The 50-share Nifty rose as much as 0.93 percent to 8,629.85, surpassing its previous record high of 8,626.95 hit on Dec 4, 2014.

Sensex up 33 points; HDFC, Sesa Sterlite among big gainers

Last Updated: Friday, December 26, 2014, 17:42

The 50-share NSE Nifty after falling to the day's low of 8,147.95 staged a strong comeback to regain the 8,200-mark to close at 8,200.70, up 26.60 points from its previous close.

Sesa Sterlite reports Rs 1,868.29 cr net profit in Q3

Last Updated: Wednesday, January 29, 2014, 00:46

The company, previously known as Sesa Goa, had reported a net profit of Rs 496.73 crore in the corresponding period of the previous fiscal.

Hindustan Zinc and Sesa Sterlite say there is no plan to merge

Last Updated: Thursday, January 23, 2014, 21:37

Hindustan Zinc and Sesa Sterlite, group companies of mining and metal major Vedanta Resources, have said they are not considering a plan to merge.

Sesa Sterlite shares down over 3% on CBI investigation

Last Updated: Tuesday, December 24, 2013, 13:50

Shares of Sesa Sterlite on Tuesday fell by over 3 percent after the CBI registered a preliminary enquiry against Vedanta Group Chairman Anil Agarwal and unknown officials in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL).

SEBI disposes case against Sterlite Technologies

Last Updated: Wednesday, November 20, 2013, 19:45

Sebi had observed that as on January, 2013, 8 investor grievances were pending against Sterlite on the regulator's online redressal system SCORES.

Inter-Ministerial Group to decide fate of 30 coal mines this week

Last Updated: Sunday, October 20, 2013, 16:37

The Inter-Ministerial Group (IMG) on coal blocks is likely to meet this next week to decide the fate of around 30 coal blocks.