The National Green Tribunal (NGT) today refused to grant any interim relief to UK-based Vedanta Group company, Sterlite Industries Ltd, to commence operation of its copper smelting plant in Tamil Nadu's Tuticorin district.
For the proposed Sesa Sterlite group (expected to be in place soon), operational performance surprised positively across assets with i) higher earnings from domestic zinc operations on the back of higher surplus concentrate zinc sales of 61kt and increase
Reacting to the strong set of numbers by Sterlite Industries for the quarter ended March 2013, its stock gained four per cent to close at Rs 95.45 on Tuesday.
Sterlite Industries, a Vedanta Group company, has posted a 50.74 per cent increase in its net profit at Rs 1,925 crore for the fourth quarter of FY13, riding on the back of higher sales.
Sterlite Industries (India) is trading higher by 3% to Rs 94.35 after reporting a better-than-expected 51% year-on-year (yoy) jump in its consolidated net profit at Rs 1,925 crore for the quarter ended March 2013 (Q4) on back of higher operational
Sterlite Industries reported strong set of numbers for the quarter ended March 2013.Its March-quarter profit rose by 50.74% to Rs 1,925 crore versus a consensus forecast of Rs 1,360 crore.
The National Green Tribunal (southern region) has shifted a case involving Sterlite’s copper facility at Tuticorin to New Delhi, saying “circumstances and intervention have not allowed the tribunal to proceed with the case
On March 23, Tuticorin residents woke up to itchy eyes, burning throat and breathing trouble. As they suffered an unusual morning, they first thought it was a gas leak, and then, rumours spread that it was "because of Sterlite".
IIT Professor P S T Sai to head the Committee which was appointed by The National Green Tribunal-Southern Region to check the status of machines and instruments of Sterlite's copper plant at Tuticorin.
Sterlite Industries has dipped 2.7% to Rs 83.90, extending its previous day’s 2.6% fall, in otherwise firm market on reports that the National Green Tribunal has directed the Tamil Nadu Pollution Control Board (TNPCB) to provide the emission data of
Housewife A Puneeta was washing dishes on a foggy Saturday morning when suddenly her throat began to burn. Coughing hard and struggling to breathe, she rushed into the street to find her neighbours running, haphazardly, in panic.
The National Green Tribunal has given an interim order to form a committee to check the status of the machinery and instruments at Sterlite Industries India’s factory at Tuticorin, Tamil Nadu.
Sterlite Industries (India) Ltd today said the Bombay High Court has approved the merger of the mining firm with Madras Aluminium Company, Sterlite Energy Ltd, Vedanta Aluminium and Sesa Goa.
Sterlite Industries touched 52-week low at Rs 88.40 a share recently over the worries about the poor outlook for non-ferrous metals. Also, lower LME prices increased the fear of earnings downgrades recently leading to correction in the share price.
In a relief to Sterlite Industries (India) Ltd, the Supreme Court on Tuesday overruled a Madras High Court order to shut down its copper smelting plant at Tuticorin, Tamil Nadu, while imposing a fine of Rs 100 crore on the Anil Agarwal-promoted Vedanta
The Vedanta Group's Sterlite Industries has filed a petition at the National Green Tribunal against Tamil Nadu Pollution Control Board (TNPCB's) order to shut company's copper smelter plant in Tuticorin district, Tamil Nadu.
The Supreme Court today allowed Sterlite Industries, a subsidiary of the UK-based Vedanta group, to operate their copper smelting plant in Tamil Nadu, subject to environment restrictions.
