Indian Express (Free subscription) | 21/11/2009
London-based Vedanta Resources Plc has formed a special purpose vehicle - Lanjigarh Project Area Development Foundation - to take up peripheral development works around Niyamgiri bauxite mines in Orissa's Kalahaindi and Rayagada districts.
The Guardian (Free subscription) | 17/11/2009
• Three arrested at Balco subsidiary power plant • Vedanta criticised for abusing Orissan Indian rights Three officials at a subsidiary of the mining company Vedanta Resources have been arrested in India following the collapse of a chimney in one of its power stations which killed 41 people. The incident occurred in September at Vedanta's Bharat Aluminium Company (Balco) power plant in Chhattisgarh,...
Daily News Analysis (Free subscription) | 06/11/2009
Kapadia owns shares of Sterlite Industries, a sister concern of Vedanta Resources. He has been in the middle of the controversy for being a part of the Special Forest Bench.
Indian Express (Free subscription) | 05/11/2009
Vedanta Resources Plc on Thursday announced that the company's net profit for the half year ended September dipped 46.2% due to weak metal prices.
The Guardian (Free subscription) | 05/11/2009
Campaigners sceptical as controversial British mining company lists farming, education and nutrition programmes Vedanta Resources, the controversial British mining company, today defended its environmental and human rights record, insisting that its work has had a positive impact on the lives of 2.5 million villagers in India and Zambia. In Vedanta's statement for its interim results its chairman,...
Goa Blog (Free subscription) | 05/11/2009
No Provision Needed for Sesa Goa Fraud Probe Vedanta Resources PLC doesn’t need to make any financial provisions related to a fraud investigation at its Sesa Goa Ltd. iron ore unit, the company’s chief executive said Thursday. “It is our understanding it is a very old matter, and not of great significance,” M.S. Mehta said during [...]
Market Watch (Free subscription) | 05/11/2009
LONDON (MarketWatch) -- European shares dropped in early trading on Thursday, contributing to a volatile week, with rate decisions from the European Central Bank and the Bank of England on tap in another busy day for corporate earnings. Miner Vedanta Resources fell 2.9% and consulting firm Cap Gemini fell 4.9% after updating investors, while Deutsche Telekom rose 1.6% and BNP Paribas gained 1%. The...
Law at the End of the Day (Free subscription) | 03/11/2009
In Part I of this essay, Larry Catá Backer, Part I: The OECD, Vedanta, and the Supreme Court of India—Polycentricity in Transnational Governance--The Issue of Standing , Law at the End of the Day, Nov. 1, 2009, I posited that the state system remains stubbornly grounded in a monocentric view of law and regulation, even as it implements polycentric governance systems through intergovernmental...
Indian Express (Free subscription) | 01/11/2009
Global metal and mining major Vedanta Resources has decided to revive its about Rs 10,000-crore independent power project in Punjab, which it had put on hold last year.
Daily News Analysis (Free subscription) | 31/10/2009
Leading copper producer Sterlite Industries (I) Ltd, a subsidiary of London based Vedanta Resources, has bagged the 'International Star Award' for quality.
Market Watch (Free subscription) | 30/10/2009
LONDON (MarketWatch) -- Mining company Vedanta Resources said that its Sterlite Industries unit has filed for Sterlite Energy to be listed on the Stock Exchange Board of India. Sterlite Energy will offer shares to raise 51,000 million Indian rupees ($1.1 billion). Sterlite Energy intends to use the net proceeds from the offering to partially finance the construction and development of power projects...
Indian Express (Free subscription) | 30/10/2009
Sterlite Industries Ltd, part of the London-listed Vedanta Resources Plc, on Thursday said the company's consolidated net profit for the second quarter ended September 30, 2009, fell 24.91% to Rs 958.85 crore against Rs 1,276.94 crore in the corresponding quarter last year.
Mineweb - Daily news headlines (Free subscription) | 29/10/2009
Sesa Goa is being investigated by the Indian government for financial and other irregularities
Law Blog - WSJ.com (Free subscription) | 27/10/2009
Vedanta Resources iron ore subsidiary said it hadn't received any notification or communication from India's Serious Fraud Investigation Office following a report that the office had started an enquiry into Sesa Goa's accounts and share price movements.
Indian Express (Free subscription) | 23/10/2009
Vedanta Resources Group firm Hindustan Zinc on Thursday reported a 2.55% decline in its net profit at Rs 934.95 crore for the second quarter ended September 30, 2009.
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