The top court had earlier this month refused to stay the green tribunal's order of setting aside the state government's decision to close Vedanta's Sterlite copper plant at Tuticorin.
January 24, 2019On 22 and 23 May 2018, Thoothukudi in Tamil Nadu witnessed a mini-Jallianwala when the strategically positioned state police in civilian clothes opened fire on unarmed people protesting against Vedanta’s Sterlite copper plant. They used 7.62 self-loading rifles killing 13 people and injuring more than 70, including women and children. Most of the victims were …
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June 9, 2018Local residents are against the proposed expansion of a copper smelter at the Sterlite unit over pollution concerns, and have been protesting since February this year.
May 22, 2018In a battle for taking over insolvent Electrosteel Steels, lenders to the steel producer on Thursday decided to go ahead with Vedanta, rejecting objections raised by the Renaissance Steel on the eligibility of the former to bid for debt-laden company. The Kolkata bench of the National Company Law Tribunal (NCLT) on March 20, had directed …
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March 30, 2018A select audience was invited to a speech by chief minister Naveen Patnaik, health minister Pratap Jena and corporate head of Vedanta by way of live coverage and video conference of the MoU signing ceremony for the government medical college and hospital. The event that took place at Bhubaneswar on Tuesday was online for the …
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March 29, 2018Mining mogul Anil Agarwal-led Vedanta Ltd has asked the government to resolve retrospective tax issues to give comfort to foreign investors to invest in the almost stagnant domestic oil and gas exploration sector. Vedanta, which in 2011 bought Cairn India to enter oil business, is facing a Rs 20,495 crore tax demand that was raised …
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January 14, 2018Swami Vivekananda was born on 12 January 1863 in an aristocratic Bengali family in Kolkata (Calcutta). He was known as Narendranath Datta in his earlier days of his life. He went on to become the chief disciple of Ramakrishna Paramahamsa, the Indian mystic. He introduced the western world to the Indian philosophies of Vedanta and …
January 12, 2018For over 500 years, the city of London has provided food for thought to Bengali intelligentsia back in Calcutta, now Kolkata. Throughout the duration of East India Company rule in India, there were calls for greater power for Indians in their own land starting from greater autonomy, social justice and finally outright independence. This brought …
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May 27, 2017Vedanta Ltd on Tuesday said it has received all approvals for its merger with Cairn India barring the RBI nod for issuing redeemable preference shares to the non-resident shareholders of the oil producer. "The company has now received all the required approvals in relation to the Scheme of Arrangement between Vedanta Ltd and Cairn India …
Continue reading "Cairn-Vedanta merger: All approval in place barring RBI"
March 28, 2017The bulls refused to let go of red hot metal stocks in a flat market on Wednesday as speculative buying continued in all such shares on hopes of a further jump in stock prices. The BSE Metals Index jumped 2 percent to 11,371 points, its highest level since December 2014 as investors poured fresh funds …
Continue reading "Vedanta, Hind Zinc boost metals index to 25-month high"
January 18, 2017