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NGT sets aside TN govt order to close Vedanta's Sterlite plant

 The green panel said the company should spend within three years Rs 100 crore on welfare of inhabitants of the area. WHAT THE GREEN COURT SAID ON STERLITE The National Green Tribunal on Saturday......

SC issues notice to lawyer Prashant Bhushan

 The Supreme Court on Friday issued contempt notice to noted lawyer Prashant Bhushan for allegedly casting aspersions on some of the judges, including a senior most apex court judge and previous......

SC refuses to allow reopening of Sterlite plant

 The Supreme Court on Monday refused to allow reopening of Vedanta's Sterlite plant in Tuticorin in Tamil Nadu but granted it liberty to approach the high court. A bench headed by Justice R F......

Why some farmers support Sterlite in TN

 Even as there is strong public sentiment against reopening Sterlite's copper plant in Tamil Nadu come reports that four farmers groups have come out in support of the factory.A Ganesh Nadar reports......

SC goes ahead with contempt trial against Bhushan

 Not satisfied with the explanation given by advocate Prashant Bhushan for allegedly casting aspersions on Chief Justice S H Kapadia, the Supreme Court on Thursday proceeded with the contempt......

Sterlite group revives Orissa steel project

 The Sterlite group is gearing up to revive its steel project in Orissa in partnership with a foreign company. The project, which was to be undertaken by Sterlite Iron and Steel Co, would now be......

After KCM revival, Vedanta seeks greener pastures in India, abroad

 UK-based Vedanta Resources is looking to start copper production at its Konkola copper mines (KCM) in Zambia and is eyeing to serve global and Indian markets, according to company executives.......

Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

 Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase......

Vedanta plans to hike Sterlite stake

 Vedanta Resources, the holding company of Sterlite Industries, is planning to increase its stake in the company to 75 per cent from its current holding of 65 per cent. Peter Sydney Smith, CFO,......

India's Big Guns Firing On Capex Front

 'Interim Budget has ignited the entrepreneurial spirit.' Illustration: Dominic Xavier/Rediff.com Is private capex picking up? In the Interim Budget speech, Union Finance Minister Nirmala......

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