Posts tagged "Vedanta"

Orissa High Court dashes Vedanta hopes to expand refinery

Vedanta Aluminium Ltd tried to get the High Court in the Indian State of Orissa to overturn its decision to stop expansion of the company’s Lanjigarh bauxite refinery. It failed.

See http://articles.timesofindia.indiatimes.com/2012-01-19/bhubaneswar/30642318_1_review-petition-vedanta-aluminum-alumina-refinery.…
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Vedanta set to grab further Indian resources – twice over

Vedanta’s contract with Scottish firm, Cairn Energy, to take a controlling stake in India’s most promising new oil field, still isn’t a “done deal”. But the acquisition has now moved one step closer to completion …
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Indian officials accused of conniving with Vedanta to avoid water penalties

It’s nothing new for UK-listed Vedanta Resources to be accused (or found guilty) of committing illegal acts – something that’s happened on many occasions since the Indian-focused company listed on the London Stock Exchange seven …
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‘Why waive Rs 9 crore penalty on Vedanta?’

The move by the Orissa State Government in India to waive Rs 9 crore penalty on Vedanta Aluminium Limited (VAL) for withdrawal of water from Bheden river and Hirakud reservoir came in for sharp criticism …
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Vedanta seeks coal mines overseas, to participate in India auction

With India set to auction off as many as 58 coal blocks to the highest bidder, Vedanta has thrown its hat in the ring.

See http://www.mineweb.com/mineweb/view/mineweb/en/page38?oid=141185&sn=Detail&pid=92730.

 …
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More “accidents” at Vedanta’s Indian copper smelter

It should have been shut down nearly a year ago. But, despite an order by the Madras High Court, UK-listed Vedanta Resources has been allowed to continue operating its highly-polluting Tuticorin (Thoothukudi) copper smelter in …
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Vedanta profits plummet

The miners are still cashing in on higher commodity prices, but rising energy and labour costs are starting to hurt. That was the message delivered with results from metals behemoths Vedanta Resources and ENRC.

See …
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Vedanta accused of fraud – yet again!

As if the catalogue of violations by Vedanta’s Goan iron mining subsidiary, revealed earlier this month, wasn’t enough,  it’s now accused of major fraud. India’s Serious Fraud Office is said to have ordered prosecution of …
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Vedanta guilty of illegal mining, admits political donations

In August 2011, Vedanta’s primary iron ore mining subsidiary, Sesa Goa, was cited in an official report as one of the companies found to have been mining illegally in the state of Karnataka. Now, the …
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Copper miners in Zambia fearful of ‘King Cobra’

The election of Michael Sata to president of Zambia is not sitting well with copper miners who fear the 73-year-old, known as “King Cobra” for his aggressive style, will pick the pockets of mining companies, …
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Vedanta’s refinery expansion plan suffers another setback

Vedanta has suffered another setback in its fight-back to expand the aluminium refinery in Orissa after the Union environment ministry had struck down its environment clearance for violations.

The Cuttack bench of the Orissa High …
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Apex court reserves order on Vedanta subsidiary’s plant

The Indian Supreme Court has reserved its order on a plea of Vedanta subsidiary Sterlite Industries Ltd. (SIL), which has sought permission to continue operating its Tamil Nadu-based copper smelting plant which was ordered shut …
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