Sterlite

  • Sensex surges nearly 257 points to end at 21,289.49 15-01-2014 09:26 AM

    Mumbai: All-round buying after wholesale inflation declined to a five-month low lifted the benchmark Sensex today by nearly 257 points to its highest level since December 9 on hopes the RBI will lower interest rate to boost economic growth. The NSE barometer Nifty also jumped over 79 points to reclaim...
  • Sterlite unit starts functioning under expert panel's vigil 17-06-2013 01:16 PM

    Tuticorin (TN): The Sterlite Copper Smelter unit here, which was shut down over two months ago, has resumed operations after the National Green Tribunal's expert panel gave a green signal, officials said on Monday. The panel members conducted its second phase of inspection yesterday and checked if the pollution monitoring...
  • SC refuses to stay NGT order on restarting Sterlite unit 10-06-2013 07:40 PM

    New Delhi: The Supreme Court on Monday refused to stay the National Green Tribunal (NGT) order allowing Sterlite Industries Ltd to recommence operation of its copper smelting plant in Tamil Nadu's Tuticorin district under the supervision of an expert committee. "It would be appropriate to wait for the judgement (of...
  • Sterlite smelter closure put cable makers in a tight spot 22-05-2013 02:10 PM

    New Delhi: India's cable makers face a severe shortage of copper and potential manufacturing delays after the closure of the country's two biggest copper smelters, which has pushed up prices and led to a spike in imports. India's biggest smelter, owned by Sterlite Industries, was shut on March 30 after...
  • Delhi: Court to resume Sterlite case hearing on May 22 16-05-2013 05:50 PM

    New Delhi: Sterlite Industries' copper smelter will remain shut until at least May 22 when a court will resume hearing into complaints of emissions from India's largest smelter. Justice Swatanter Kumar of the National Green Tribunal, a fast-track environmental court, asked the Tamil Nadu Pollution Control Board on Thursday to...
  • Sterlite Industries smelter to stay shut for now 29-04-2013 01:53 PM

    New Delhi: Country's largest copper smelter will remain shut for now as a local environmental court transferred a case over its closure to New Delhi, extending a month-long closure at the facility that meets half of the country's copper demand. Sterlite Industries smelter was closed on March 30, putting about...
  • Panel to study status of Sterlite Industries' plant 12-04-2013 05:38 PM

    Chennai: The National Green Tribunal on Friday said a four-member committee would be set up to study the current status of the controversial copper smelting plant of Sterlite Industries at Tuticorin. The committee, comprising two members from the Tribunal and one each from Sterlite Industries and Tamil Nadu Pollution Control...
  • TN: Strike to be held against Sterlite plant in Tuticorin 06-04-2013 01:25 PM

    Chennai: A day-long general strike demanding permanent closure of the copper smelter plant of Sterlite Industries (India) Ltd will be held on Monday at Tuticorin, said MDMK party general secretary Vaiko on Saturday. The company is part of Britain-based Vedanta Resources Group. In a statement issued here, MDMK founder Vaiko...
  • India Inc to conduct recruitment drive in Tihar 03-02-2011 04:12 PM

    New Delhi: In a first, top executives of India Inc will conduct a recruitment drive in Tihar jail and pick 50 inmates to be employed in their business houses. The list - which includes big names like IDBI bank, Vedanata Group, Sterlite Foundation, Agarwal Packers, Jindal Steel and Flex shoes...
  • Sterlite Industries wins reprieve till mid-Dec 18-10-2010 02:23 PM

    New Delhi: Sterlite Industries on Monday won a reprieve till mid-December on closure of its copper smelting plant, with the Supreme Court asking the Centre, Tamil Nadu government and pollution control authorities to state why action was taken against the company. Hearing Sterlite's plea that Madras High Court ordered closure...
  • Sterlite closes copper smelter on court order 29-09-2010 05:20 PM

    New Delhi: Sterlite Industries has shut the world's No. 9 copper smelter on a court order over environmental issues, the latest blow to India projects for its parent Vedanta, whose shares fell nearly 5 per cent. The Tuticorin plant in south India produced over 334,000 tonnes of copper cathode in...
  • HC asks Vedanta subsidiary to shut down plant 29-09-2010 03:55 PM

    Chennai: The Madras High Court has ordered Sterlite Industries, the subsidiary of Vedanta Group, to close its copper smelter plant in Tuticorin in southern Tamil Nadu for violation of environmental laws. The court held that the facility should be closed because of its proximity to an ecologically fragile area and...
  • US investors eye India’s plum ADRs 21-11-2006 09:02 PM

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