A fortnight after closure of its one million tonne alumina refinery at Lanjigarh on December 5, Vedanta Aluminium Ltd said it will inform the Odisha labour department in two days on its plan to lay off employees. Mr Mukesh Kumar chief ...
Tags: alumina refinery, Vedanta Aluminium Ltd, lay off employee
Press Trust of India reported that the Chhattisgarh government has suspended the factory licence of 1200-MW power plant of Vedanta-controlled Bharat Aluminium Company Limited (Balco) at Korba due to its non operation. The issue ...
Tags: Press Trust of India, power plant, power project, power
Reuters reported that Vedanta Aluminium Ltd is considering layoffs within two months at its alumina refinery in Odisha as hopes of an immediate revival of the plant fade. Mr Mukesh Kumar president of VAL told Reuters that "We don't know ...
Tags: Vedanta Aluminium Ltd, alumina refinery, layoffs, plant fade
Mr Dinsha Patel minister of mines informed the Lok Sabha that the details of the major aluminium plants presently operating in the country are Company Location Capacity National Aluminium Company Limited ...
Tags: mines, major aluminium plants, quantum and value, aluminium producers
ET reported that the Bombay High Court has asked billionaire Mr Anil Agarwal controlled Vedanta Aluminum to deposit a security amount of INR 187 crore with the court till the arbitration proceedings reach a definitive conclusion based on a ...
Tags: Bombay High Court, Vedanta Aluminium, INR 187 Crore, Mineral
BS reported that 8 years ago, Ms Kada Majhi, a tribal woman of Kinari, a village in the Kalahandi district of Odisha eked out a living with paltry wages as a daily laborer. When Vedanta Aluminium started constructing a 1 million tonne per ...
Reuters reported that demand for base metals in India could rise next week, particularly for copper and zinc, helped by a surge in construction activity and on higher buying of geysers and other heating equipment as winter sets in. ...
Tags: demand for base metals, copper and zinc, heating equipment
Denmark based AP Moller Maersk Group, one of the largest port operators in the world, has emerged as the frontrunner to acquire a significant stake to be offloaded by Infrastructure major, Larsen and Toubro at Dhamra Port located in Orissa. ...
Tags: AP Moller Maersk Group, port operator, acquisition, infrastructure
Moody’s Investors Service has affirmed Vedanta Resources Plc’s corporate family rating at Ba1 and its senior unsecured rating at Ba3. The outlook for both ratings remains negative. Vedanta’s rating reflects its earnings ...
Tags: Vedanta, rating, acquisition, cash flow
BS reported that after the shutdown of Vedanta Aluminium’s one million tonne alumina refinery at Lanjigarh on December 5th 2012 the Odisha government seems to have woken up, albeit belatedly to the raw material crisis that has ...
Tags: Vedanta Aluminium, tonne alumina, raw material, steel, mines
Reuters reported that India's largest aluminium maker, Vedanta Aluminium Limited will temporarily shut its alumina refinery in Odisha due to bauxite shortages. Mr Mukesh Kumar president of Vedanta said that "Despite all our efforts we ...
Tags: aluminium windows, steel windows, mining, steel supplies
PTI reported that Vedanta group is likely to close its one million tonnes alumina refinery at Odisha's Lanjigarh from December 5th 2012 a move which would impact about 7,000 jobs in the Eastern state. The mining conglomerate which runs ...
Tags: jobs in mining, copper mining news, mining, aluminium
PTI reported that Vedanta's group company, Hindustan Zinc has signed an MoU with the Rajasthan Governmentto adopt 92 Schools in phases in Chittorgarh and Bhilwara District of the state. A company official said that the aim is to adopt 92 ...
Tags: jodhpur rajasthan, schools, india rajasthan, jaipur rajasthan
Reuters reported that Base metal demand in India is likely to remain buoyant next week on a surge in construction activities during the winter season. However, due to an expected decline in automobile sales in December, demand for lead ...
Tags: metal demand, construction activities, automobile sales
Employees at mines in Zambia, Africa's biggest copper producer, are demanding pay rises of as much as 50% next year. Mr Chishimba Nkole president of Mineworkers Union of Zambia said that talks with companies began last month and were set ...