User: esg Topic: Issues
Category: mining :: aluminium
Last updated: Jun 14 2018 24:37 IST RSS 2.0
 
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'How many people can they kill,' asks Niyamgiri tribe as Vedanta faces another Sterlite-like challenge in Odisha 13.6.2018 DNA: Top News
After deadly clashes in Tuticorin forced Tamil Nadu to shut a copper smelter run by Vedanta Resources, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery. An alliance of activists and local people have for years blocked London-listed Vedanta's plans to mine bauxite in the green, jungle-clad Niyamgiri hills of eastern Odisha state, which the tribespeople consider sacred. The killing by police of 13 people protesting against the copper smelter in Tamil Nadu has given fresh impetus to their campaign to also close the Odisha refinery run by the company's Indian unit, Vedanta Ltd. The company is seeking to expand the plant. "We'll shed our blood for Niyamgiri, we will die for Niyamgiri," tribal leader Lado Sikaka, carrying an axe hooked onto his shoulder blade in the fashion of men from his community, told a crowd of several hundred at a rally near the refinery, in the remote town of Lanjigarh, ...
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"Will Die For Niyamgiri": A Sterlite-Like Crisis For Vedanta In Odisha 13.6.2018 NDTV News - Top-stories
After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have...
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Insight: 'Avatar' tribe poses second challenge to Vedanta after deadly India protests 13.6.2018 Reuters: Money News
LANJIGARH, India (Reuters) - After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina ...
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Bauxite mining back in limelight 11.6.2018 Hindu: Visakhapatnam
NALCO plans to approach government for grant of mining blocks
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Sterlite shooting may dent Vedanta's brand image 7.6.2018 Rediff: Business
The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury
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Tuticorin shootings: What's in store for Vedanta's shareholders? 6.6.2018 Rediff: Business
Vedanta Resources has huge interests in India. The promoter and majority shareholder of Vedanta Resources, Anil Agarwal, also founded Sterlite Industries.
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Pawan appalled by water quality in Agency 6.6.2018 Hindu: Medicine & Research
Collects sample for analysis in a laboratory in Hyderabad
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Living in fear 5.6.2018 FrontLine: Cover Story
The tribal people of Niyamgiri in Odisha, who won a landmark victory in 2013 when the Supreme Court ruled that village councils would decide whether mining should be allowed in the hills, still fear that the government is oblivious to their concerns. By PRAFULLA DAS
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Pressure in London 5.6.2018 FrontLine: Cover Story
While being listed on the London Stock Exchange provides Vedanta Resources with what has been described as a “cloak of respectability”, London has also created major vulnerabilities for the company. By VIDYA RAM
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Serial offender 5.6.2018 FrontLine: Cover Story
Sterlite’s culpability in Thoothukudi is only rivalled by the record of the Tamil Nadu government and its prime regulatory arm in this case, the TNPCB. By V. SRIDHAR
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Bauxite mining only with consent of tribals: Pawan 4.6.2018 Hindu: Health
Chief Minister playing caste politics, he says
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NALCO revives bauxite mining proposal 4.6.2018 Hindu: Rx
It plans to set up aluminium complex in Vizag district
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TU leader hails NALCO’s plan 1.6.2018 Hindu: Visakhapatnam
It will develop the region, he says
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NALCO sets its sights on tapping State’s potential 31.5.2018 Hindu: Health
Urges Centre to consider allotment of bauxite mines in Visakhapatnam
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National Aluminium Company Limited (NALCO) Net Profit doubles on Global Benchmarking 29.5.2018 General News
According to the audited financial results for 2017-18, NALCO has registered more than 100% growth i.e., Rs. 1342.19 crore against Rs. 669crore in previous year. In 4th quarter the Company has earned a net profit of Rs.257.06crore. During the year, NALCO was the third highest net Foreign Exchange Earning CPSE in the Country. The Net sales turnover for the year is Rs. 9,377 crore (highest ever since inception) registering a growth of 26 % over last year. Export earning of Rs. 4,076 crore also highest ever since inception registering a growth of 12 % over last year.
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Global Benchmarking helps National Aluminium Company Limited (NALCO) double its Net Profit 29.5.2018 Govt of india: PIB
On achieving the global benchmark of low cost producer in Bauxite Mining and Alumina making, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India, has proved its mettle by registering high in terms of both physical and financial performances.
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Vedanta, Nalco look to contain costs after strong FY18 earnings 28.5.2018 Latest News
> Top aluminium producers like Vedanta Ltd and central public sector firm National Aluminium Company Ltd (Nalco) have set their sights on trimming costs after posting robust earnings from aluminium business in FY18.Vedanta, in 2017-18, reported an Ebitda (earnings before interest, taxes, depreciation and amortisation) of $570 from the aluminium vertical, three-fold surge over $188 in 2016-17. In last fiscal, Nalco witnessed its net profit doubling to Rs 13.42 billion. While Vedanta emerged the highest aluminium producer in the country with an output of 1.7 million tonnes, Nalco achieved its normative rated capacities of bauxite and alumina and also posted its best aluminium production figures in the past five years.However, Vedanta's cost of aluminium production in FY18, escalated to $1887 per tonne, higher by about 30 per cent over the previous fiscal due to input commodity inflation. For the current fiscal, Vedanta has projected its aluminium making cost in the range of ...
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Nalco registers hundred per cent growth, earns highest net profit of Rs.1342 crore in 2017-18 28.5.2018 Central Chronicle » Business
Bhubaneswar, Rated as the lowest cost producer of alumina in the world the National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, has achieved highest net profit of Rs.1342 crore in 2017-18, registering over hundred per cent growth against the previous year. According to the audited financial results for 2017-18, taken on record by […]
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So far so bad: Vedanta slid 25% this year, and then Thoothukudi hit 28.5.2018 Top Stories
A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index
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NALCO preparing business model to earn additional Rs 935 crore 28.5.2018 Sify Finance
National Aluminium Company Ltd (NALCO) on Sunday said it is preparing a game-changing business model that will bring an additional Rs 935 crore net profit to the company.
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