Vedanta may offer 25% higher price for HZL, Balco stake

Last Updated: Wednesday, August 22, 2012, 16:13

Vedanta Group may shell out Rs 21,635 crore, up to 25 percent more than planned earlier, for buying the Government's remaining stakes in Hindustan Zinc and Balco as its previous offers have not been accepted so far.

Vedanta may not revise Rs 17K crore offer for HZL, Balco stakes

Last Updated: Saturday, July 7, 2012, 00:23

Vedanta group is unlikely to revise its Rs 17,000 crore offer for buying out government's stake in Hindustan Zinc and Balco, saying the valuation was arrived at as per the agreement signed at the time of acquiring majority stakes in the two firms.

Stake sale in Balco, Hindustan Zinc referred to EGoM

Last Updated: Wednesday, March 21, 2012, 19:51

Government still has 29.54 percent stake in HZL and 49 percent holding in Balco.

Court orders registration of FIR against BALCO CEO, HR head

Last Updated: Thursday, February 23, 2012, 00:15

Patel had filed a private complaint against BALCO CEO Gunjan Gupta and HR head Amit Joshi.

Govt to retain its stake in Balco for now

Last Updated: Tuesday, November 29, 2011, 23:23

An Empowered Group of Ministers (EGoM) today decided to maintain status quo with regard to its remaining 49 percent stake in aluminium maker Balco.

Punish Vedanta chief for Balco mishap: Congress

Last Updated: Thursday, March 18, 2010, 13:08

Chhattisgarh`s opposition Congress Thursday demanded that the BJP govt act against London-based Vedanta Resources Plc chairman over a chimney collapse that left 40 construction workers dead at the Balco power plant.

SC grants bail to three officials in Balco chimney blast

Last Updated: Saturday, February 20, 2010, 00:37

The Supreme Court today granted bail to three officials of the BALCO, Chattisgarh, charged with culpable homicide not amounting to murder for the death of over 40 workers in the company`s chimney plant in November last year.

Two engineers held for Balco chimney collapse

Last Updated: Sunday, February 14, 2010, 10:06

Two engineers of a private construction firm were arrested Saturday for their alleged role in last year`s chimney collapse at the Bharat Aluminum Company Limited power plant in which 40 people were killed, police said here.

Balco mishap: Chinese engineers fail to get bail

Last Updated: Monday, January 18, 2010, 22:53

A local court in Chhattisgarh`s Korba town late Monday rejected the bail applications of three Chinese engineers, who were arrested for the chimney collapse last year at BALCO power plant, in which 40 people were killed.

`Balco mishap Chhattisgarh`s biggest industrial tragedy`

Last Updated: Friday, January 15, 2010, 16:17

The Chhattisgarh government Friday termed the Sep 23 Bharat Aluminium Company Limited (Balco) power plant chimney crash, at Korba town, the biggest-ever industrial tragedy in the state`s history.

Arrested Chinese engineers hospitalised

Last Updated: Tuesday, January 12, 2010, 22:31

Three Chinese engineers, arrested in Chhattisgarh for alleged culpability in a chimney crash at the Balco power plant, were Tuesday shifted to hospital.