| Vedanta revives Rs 10k cr project in Punjab | 02-NOV-09 |
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| Global metal and mining major Vedanta Resources has decided to revive its Rs 10,000-crore independent power project in Punjab, which it had put on hold last year. |
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| New hope for Sterlite in Asarco bid | 21-OCT-09 |
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| Anil Agarwal-controlled Sterlite Industries has got a leg-up in its takeover battle for bankrupt copper miner Asarco in the US. A district court in Texas has allowed Sterlite to argue for its amended bid of $2.56 billion, which was earlier rejected by a lower court. |
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| Sterlite debenture issue raises Rs 2,350 cr | 17-OCT-09 |
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| Sterlite Industries, the country’s largest copper producer, raised Rs 2,350 crore ($500 million) today by selling convertible debentures to finance its expansion. The stock fell 9 per cent to Rs 790 a share on the Bombay Stock Exchange (BSE). The company had raised $1.5 billion in July by selling shares in the US. |
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| ONGC, SBI, Tata Motors pick of mutual funds in July | 21-AUG-09 |
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| Tata Motors, ONGC, State Bank of India and Sterlite Industries are among firms in which mutual fund investments were highest in July, while the Anil Ambani group's Adlabs Films, Reliance Capital and Reliance Power blanked out, according to brokerage firm Sharekhan. |
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| Sterlite Energy mulls IPO to raise Rs 3,000 cr | 12-JUL-09 |
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| Sterlite Energy, a wholly-owned subsidiary of Vedanta Group firm Sterlite Industries, may hit the capital market soon with a public offering to raise up to Rs 3,000 crore to part finance its expansion plans. |
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| Metals take Sensex above 12,000-mark | 08-MAY-09 |
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| Indian stocks On Thursday rose after Sterlite Industries (India) and Hindalco Industries led commodity producers higher after prices of the metals surged. |
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| Hindustan Zinc metal reserves increase | 07-MAY-09 |
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| Hindustan Zinc, a unit of Sterlite Industries, today announced that its exploration activities have yielded an increase of 46.3 million tonnes of metals in its reserves and resources as against depletion of 6.7 million tonnes in 2009 financial year. |
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| Balco to close plant as aluminium prices crash | 01-MAY-09 |
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| Bharat Aluminium Company (Balco), 51 per cent subsidiary of Sterlite Industries, is planning to close its plant-1, which produces 100,000 tonnes of aluminium every year, as the dip in prices makes production unprofitable. |
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| Corporate cauldron: Win some, lose some | 11-APR-09 |
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| As the fourth quarter results season sets in amid a global economic recession, focus shifts to the 30 Sensex companies to get a sense of what could be in store. The finding: More than half of them are poised to report a decline in net profit. |
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| Vedanta, Nabard to promote food processing at Lanjigarh | 10-APR-09 |
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| Vedanta Aluminium Ltd. (VAL) and the National Bank for Agriculture and Rural Development (Nabard) will jointly promote food processing industries in the Lanjigarh area in Kalahandi district, where VAL has set up a 1 million tone alumina refinery. |
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