Sterlite Industries India Ltd

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  Vedanta's Sterlite Copper Appoints New CEO Amid Battle To Reopen Smelter

  Vedanta Ltd on Friday named metals industry veteran Pankaj Kumar as Sterlite Copper chief executive, amid struggles to reopen its smelter in Tamil Nadu that was shut last May after police killed 13 demonstrators protesting against the plant.

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  Sterlite Plant Won't Be Reopened, Says Tamil Nadu Minister

  The Tamil Nadu government today said the Sterlite Industries' plant in Tuticorin would not be re-opened as its policy decision to seal the Vedanta Ltd unit was in line with people's sentiments. This comes on a day when a three-member panel appointed by the National Green Tribunal (NGT) and led by former Meghalaya High Court Chief Justice Tarun Agra...

• Sesa Goa to replace Sterlite Industries in Sensex from August 27

  Sesa Goa will replace Sterlite Industries in the 30-share benchmark S&P BSE Sensex from August 27. The move comes in the wake of the scheme of amalgamation between the two Vedanta group firms whereby Sterlite Industries has been merged with Sesa Goa.

• Sterlite smelter emissions within limits during inspection: report

  The report, commissioned by the environment court considering whether Sterlite Industries' smelter should remain in operation, will be used by Judge Swatanter Kumar to reach a ruling. The case resumes on July 15.

• Sterlite smelter closures put cable makers in tight spot

  India's biggest smelter, owned by Sterlite Industries , was shut on March 30 after local residents complained of emissions that led to breathing difficulties, forcing top copper users to rely on rival Hindalco Industries their copper needs.

• Sterlite copper smelter closed until at least April 29

  India's largest copper smelter, run by Sterlite Industries Ltd, will not start commercial production until at least April 29, when a court will again consider a request to reopen the plant, shut over complaints of emissions.

• Crisis unlikely for Indian stocks: Credit Suisse

  Indian stocks are unlikely to face a crisis and recommends selective bargain-hunting, despite what it notes is "extreme defensiveness" in market consensus, investment bank Credit Suisse said.

• Sterlite declares force majeure at Tuticorin copper plant

  Sterlite Industries Ltd has halted deliveries of copper from India's largest smelter after it shut down last week due to complaints over emissions, a move that could tighten local supplies and force imports.

• Bombay High Court approves Sterlite Industries merger proposal

  Sterlite Industries (India) Ltd today said the Bombay High Court has approved the merger of the mining firm with Madras Aluminium Company, Sterlite Energy Ltd, Vedanta Aluminium and Sesa Goa.

• Morgan Stanley upgrades India's Sterlite to 'overweight'

  Shares in Sterlite Industries (India) Ltd rose 2 per cent to Rs 117.90 after Morgan Stanley upgraded the stock to overweight from neutral and raised its target price to Rs 142 from Rs 110.20.

• Lupin, UltraTech gain; SAIL, Sterlite fall on Nifty changes

  SAIL and Sterlite Industries would be excluded from the Nifty index with effect from September 28, 2012.

• Sterlite Industries (India) Ltd - Announces Standalone Q4 & FY11 results

  Sterlite Industries (India) Ltd has announced the following Standalone results for the quarter & year ended March 31, 2011: The Unaudited results for the Quarter ended March 31, 2011 The Company has posted a net profit after extraordinary items of Rs 2830.30 million for the quarter ended March 31, 2011 as compared to Rs 5071.00 million for the ...

• Sterlite Industries (India) Ltd - Announces Consolidated Q4 & FY11 results

  Sterlite Industries (India) Ltd has announced the following Consolidated results for the quarter & year ended March 31, 2011 The Unaudited Consolidated results for the Quarter ended March 31, 2011 The Group has posted a net profit after tax attributable to consolidated Group after exceptional items of Rs 19250.00 million for the quarter ended M...

• Sterlite Industries (India) Ltd - Board recommends Dividend

  Sterlite Industries (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2011, inter alia, has proposed a dividend of Rs. 1.10 per share on face value of Re. 1/- each (110%) for the financial year 2010-11 on equity shares of the Company, which is subject to the approval of shareholders.

• Sterlite Industries (India) Ltd - Change in CFO

  Sterlite Industries (India) Ltd has informed BSE that Mr. C. Prabhakaran has been appointed as the Chief Financial Officer (CFO) of the Company with immediate effect in place of Mr. Vinod Bhandawat, who has been transferred / posted to other Group Company.