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Monday, May 6, 2024
TopicVedanta Ltd.

Topic: Vedanta Ltd.

As it prepares for battle, Vedanta’s Anil Agarwal blames NGOs for Tuticorin plant closure

NGT and Tamil Nadu’s pollution-control board will hear Vedanta's petition to renew the license to operate the plant. 

Cairn loses $216 million Vedanta stake as Indian tax row deepens

According to Bombay Stock Exchange, Cairn held about 5 per cent stake in Vedanta as of December 31.

Copper supply shock hits India as Sterlite plant is ordered to shut down

Copper is used in electronic vehicles, making pipes and wires, the order to shut the smelter will cut India's production about half, increasing its dependence on import.  

Vedanta’s Anil Agarwal may face investor, political unrest after Tuticorin fiasco

Tamil Nadu government set up an inquiry after nine people were reported killed this week in protests against the copper smelter. Villagers complained that pollution was hurting locals’ health.

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.