• Tag results for Vedanta

NGT allows Vedanta to make representation to committee on maintenance of Tuticorin plant

A bench headed by NGT Chairperson Justice Adarsh Kumar Goel passed the order after the company alleged it was not being allowed access to the plant despite permission granted by the tribunal.

published on : 18th September 2018

NGT-appointed Sterlite committee to commence work from September 22

Meanwhile, a miscellaneous application moved by Thoothukudi resident and Anti-Sterlite People's Movement convenor Fatima was dismissed by NGT.

published on : 18th September 2018

Essar Steel acquisition: ArcelorMittal writes letter targeting Vedanta, withdraws later

ArcelorMittal, which is competing against Russia's VTB Group-backed Numetal Ltd and Vedanta for the takeover of Essar Steel, on September 15 wrote a hard-hitting letter.

published on : 18th September 2018

ArcelorMittal sweetens offer for Essar Steel; submits revised proposal to creditors' committee

The revised offer also includes a commitment to pay Rs 7,000 crore dues to the financial creditors of Uttam Galva and KSS Petron to be eligible in the race to acquire Essar Steel.

published on : 11th September 2018

Sterlite plant: SC asks NGT to decide merit and maintainability after committee submits report

SC said the NGT should consider merits and maintainability after the committee, constituted by the green panel to look into environmental compliance and other issues, submits its report.

published on : 10th September 2018

Second round bids by NuMetal, Vedanta for Essar Steel valid, says NCLAT

The NCLAT held that NuMetal was not related to promoters of Essar Steel and so was eligible for submitted a resolution plan for the company.

published on : 7th September 2018

SC no to urgent hearing on plea against allowing Vedanta access to admin unit of Sterlite copper plant

The NGT had on August 9 allowed Vedanta to enter the administrative unit inside its Sterlite copper plant, observing that no environmental damage would be caused by allowing access.

published on : 4th September 2018

Vedanta Resources chairman Anil Agarwal to take miner private on October 1

The trust said on Monday the $1 billion offer to take the miner private would remain open for acceptances from shareholders until further notice.

published on : 3rd September 2018

New Vedanta CEO sees firm emerging as one of world's largest resource companies

In an interview, Venkatakrishnan, known in industry circles as Venkat, said huge opportunities exist and Vedanta can be turned into one of the largest resource companies.

published on : 2nd September 2018

Quintessence of Vedanta

Vedanta is the quintessence of Vedas that comes as the concluding clarion call of the pinnacle of wisdom.

published on : 1st September 2018

Srinivasan Venkatakrishnan appointed as CEO of Vedanta Resources

Srinivasan Venkatakrishnan replaces Tom Albanese who was the CEO between 2014 and 2017 and Kuldip Kaura who was the interim CEO.

published on : 31st August 2018

Sterlite issue: NGT appoints ex-judge Justice Tarun Agrawal as chairman of panel to decide Vedanta's plea

The matter has been put upon receipt of a communication from Justice S J Vazifdar, former Judge of Bombay High Court dated August 28 expressing inability to accept the appointment.

published on : 31st August 2018

Aluminium players seek regular fuel supply

Of the total 40,000 MW captive power plants (CPP) capacity, 70 per cent CPPs are thermal coal-based and the requirement of coal for the plants are estimated at 190 MT per annum.

published on : 31st August 2018

Vedanta to invest Rs 2800 crore to expand Electrosteel

Minerals major Vedanta will be shelling out close to Rs 56,000 crore as capital expenditure over the next three years, of which around Rs 2,100 crore to Rs 2,800 crore will be spent on the recently ac

published on : 25th August 2018

Tonnes of materials still at Thoothukudi Sterlite plant, could pose risk: Central Pollution Control Board

It was found 806 MT of diesel oils and furnace oil are at the premises, while a large quantity of copper concentrate and electrolyte solution were in the cell house without safety precautions.

published on : 24th August 2018
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