Nalco to start work on Orissa aluminium project
National Aluminium Co (Nalco) is gearing up to start preliminary work on its second aluminium project, a Rs 16,000-crore greenfield venture for a smelter-cum-power plant, in Orissa.
Vedanta may cut India investment plans
Vedanta Resources Plc said it may reduce its investment in India by 5.1 bn and resort to cut in production in response to falling metal prices and slump in demand as it had an over 9 per cent dip in profit for fi...
Vedanta to look after anganwadi children in Orissa districts
Vedanta Aluminium Ltd has entered into an MoU with the Orissa government and Sterlite Foundation for adopting 400 anganwadis in Kalahandi district, where its alumina refinery has started tri...
Vedanta hunts for new bauxite reserves here
Vedanta Alumina’s $800-million alumina project in Orissa locked in legal dispute over the company’s mining rights at Niyamgiri Hills, efforts are on to scout for fresh bauxite reserves that could serve as an alternative mining site.
Sterlite Q4 net surges 51% on higher volumes
Sterlite Industries (India), a unit of the Anil Agarwal-controlled Vedanta Resources, on Friday said consolidated net profit surged 51% in the fiscal fourth quarter to Rs 1,718 crore, the highest in the private sector after RIL.
Sterlite Q2 PAT at up 68% at Rs 136.56 cr
Vedanta Group flagship company, Sterlite Industries India Ltd on Thursday posted a 68 per cent jump in net profit for the quarter ended September 30 and said it will raise up to Rs 12,500 crore for a foray into commercial energy business.
BPSL acquired Rs 27,559-crore assets by diverting loans: ED
The agency has said BPSL acquired land valued at about Rs 361 crore, made addition of buildings valued at Rs 7,473 crore and plant and machinery of Rs 19,725 crore between 2011 and 2017. The funds infused as equity capital by the Singals and associated promoter companies were sourced from bank loans that were illegally diverted.
Larsen & Toubro wins up to Rs 2,500 crore contract in Maharashtra, Odisha
"The water & effluent treatment business of L&T Construction has secured orders from prestigious clients from two states in India," the company said in a statement.
SECL's supplies to rise with the opening of new railway track line
Chattisgarh East Railway, a special purpose vehicle floated by SECL will connect Kharsia, Korichapar, Dharamjaygarh and Korba. This will enable coal evacuation from two large coalfields at Mand-Raigarh and Korba.
MeT warns of heavy rain in Odisha in next two days
In view of the adverse weather conditions, the MeT centre has advised fishermen not to venture into the sea along and off Odisha coast during next 48 hours.
SpiceJet launches 28 new flights
The airline has launched 14 other direct flights connecting metros and non-metros on domestic routes.
Will ensure speedy Parliament approval for triple talaq ordinance: Narendra Modi
Addressing a public rally in coal-town Talcher in Odisha on Saturday, the PM said it was his government’s commitment to Muslim women of the country.
Monsoon likely to delay in Odisha
The monsoon usually makes an onset in Odisha by June 10, H R Biswas, Director of the Meteorological Centre said.
Coal-based power makes India top global SO2 emitter: Greenpeace
It is estimated that SO2 commonly makes up more than 10% of the deadly fine particles in India and China.
Cyclone to hit Odisha and Andhra Pradesh coast tonight: IMD
The depression, which was initially over west-central Bay of Bengal and adjoining areas, moved westward and intensified into a deep depression, IMD said in a bulletin, adding that
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