The mining ministry's inordinate delay in giving approval to group firm Hindustan Zinc to buy London-based Anglo American's zinc mines has forced the company to route it through Sterlite.
Leading mining group Vedanta Resources has been stripped of international safety awards amid claims that it won the prize without declaring that a chimney collapse at one of its sites had killed at least 40 workers last year, according to a media report.
Cairn Energy Plc's deal to sell a majority stake in its Indian arm to Vedanta Resources for up to $8.48 billion is contingent upon the billionaire Anil Agarwal-led group completing an open offer to minority shareholders of Cairn India, a senior official said.
The company is accused of overlooking local community's interests.
He alleged Union Home Minister Amit Shah had directed BJP leaders in a "closed-door" meeting to "stop" him (Uddhav) and Sharad Pawar politically.
The Supreme Court also sought CBI probe in the case.
VAL, a unit of London-listed Vedanta Resources, has about 550 employees. It closed down the 1-million-tonne per year refinery exactly two weeks ago due to a shortage of bauxite, the key raw material used to produce alumina.
Dipa Karmakar believes most of the current generation of gymnasts lack passion and urged them to embrace the sport with fervour to excel on the global stage.
All the 12 gram sabhas held in July-August last year had unanimously expressed opposition to the mining operation in the hills saying it would violate their social, cultural and religious rights.
Shares of Indian mining company Vedanta fell to a fresh low after analysts at Morgan Stanley initiated their coverage of the company with a stark warning of the risks faced by investors.
Roughly 40% of this projected outlay is expected to go towards emerging industries, including green hydrogen, clean energy, semiconductors, and electric vehicles.
With locals protesting against Hindalco's move to mine Mali Parbat, the contractor who was working on making the mine operational has left.
The bench said when the people were running, the police chased them and opened fire.
This is the first time India is offering coalmines to private companies for commercial sale.
Withdraws petition from green tribunal, makes fresh plea for Lanjigarh project.
The government of Odisha is likely to appeal to the Supreme Court against the decision by the central government in New Delhi to halt the bauxite mining project being undertaken by Vedanta Resources in the Niyamgiri area of the state.
Billionaire Anil Agarwal-controlled Vedanta Resources has decided not to pursue a proposal to build a Rs 20,000-crore (Rs 200 billion) five-million-tonne steel project in Orissa in view of its strategy to focus on non-ferrous and iron ore businesses, two highly-placed sources in the company said on Tuesday.
The Congress on Monday claimed that the Tata-Airbus C-295 aircraft facility inaugurated in Vadodara was earlier supposed to be set up in Nagpur and alleged that under Prime Minister Narendra Modi's instructions, the Centre and the Mahayuti dispensation have conspired to ensure the 'wholesale surrender' of Maharashtra's interests.
Hockey India League will return after seven long years in a new avatar, where both the men's and women's teams will participate in the event, starting on December 28.
Vedanta to file notice of claim in Cairn India tax case.
The state government's water resources department has alleged the company's Jharsuguda unit has not paid Rs 10.94 crore (Rs 109.4 million) of its bills, since 2008.
Government wants Cairn India to agree to pay royalty and cess on its all important Rajasthan block.
Government is yet to approve Cairn's deal to sell stake in Cairn India to Vedanta.
Mining conglomerate Vedanta Resources has completed the purchase of a 10 per cent stake in Cairn India from Cairn Energy, taking its total stake in the company to 28.5 per cent.
Whereas, the group is offering Cairn India's parent Cairn Energy Rs 405 a share, which includes a fee for not competing with it in India, Sri Lanka and Bhutan for the next three years.
Soon after stalling Vedanta's proposed bauxite mining project in Orissa, the Environment Ministry on Tuesday said the licence granted to mining firms supplying the mineral to its alumina refinery is under scanner.
NRI billionaire Anil Agrawal-led Vedanta Group on Tuesday said its open offer for 20 per cent stake in Cairn India will begin on October 11, as part of its $9.6 billion takeover deal of the country's fourth largest oil explorer.
Vedanta may become a majority stakeholder in Cairn India.
Vedanta Group, which was denied mining rights in Orissa's Niyamgiri hills, on Thursdaysaid it will not pull out of the state.
According to a senior Vedanta executive, the supply of bauxite from Gujarat should start this week. The Orissa alumina project needs about 3 million tonnes of bauxite to run at full capacity.
State-owned Oil and Natural Gas Corp on Monday said UK's Cairn Energy Plc cannot sell a majority stake in Cairn India to Vedanta Resources without its consent.
ONGC sought opinion from the second highest law officer of the country after its partner Cairn Energy Plc stated that the UK firm's sale of majority stake in Cairn India to Vedanta Resources will not trigger pre-emption rights of the state- owned firm, a top oil ministry official said.
Apparently making amends to past slip-ups, UK's Cairn Energy on Thursday courted the government and ONGC to clear-up "misgivings" on sale of majority stake in its Indian arm to Vedanta Resources.
A reading of the reports suggests that there is no standard practice for reporting political contributions and it is left to the company's discretion to report them as they find fit.
74 of these fatalities were reported by 8 companies: Coal India (21), L&T (14), Vedanta (13, of which Hindustan Zinc reported 7), Tata Steel (7), Power Grid Corporation of India (7), JSW Steel (6), and ONGC (6).
Pressure is mounting on the Church of England, a stakeholder in the British mining giant Vedanta to "use its power" to refrain it from exploiting bauxite from mountains of Orrisa, considered sacred by the local tribals.
India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.
