GoI, Vedanta likely to discuss Balco IPOThe government wants Vedanta to list Balco (formerly Bharat Aluminium Co) so that it can offload a part of its stake through the initial pu...
Vedanta to invest over Rs 6,600 cr in 2 years to ramp up Balco's smelter capacity"Vedanta...has announced a major expansion at Bharat Aluminium Company's (Balco) smelter capacity, which will involve an investment of Rs 6...
Vedanta group's Balco inaugurates new coal mineThe mine was allocated to Balco in February this year after the company emerged as the highest bidder for it in the first phase of coal auc...
Balco gets approval to start 1,200-mw captive power plant in ChhattisgarhBalco, a subsidiary of Vedanta group company Sesa Sterlite, had invested Rs 5,000 crore in the plant, which comprises four units of 300 mw ...
Government initiates valuation process for Balco stake saleGoing ahead with the residual stake sale in Balco, the government today started the process of valuation of its 49 per cent stake in the co...
Election Commission nod sought for appointing valuers in HZL, Balco stake saleThe Disinvestment Department has approached the Election Commission seeking its approval for appointing valuers for government's residual s...
Cabinet okays government's 49% stake sale in Balco via auction routeThe Cabinet approved sale of government's 49% residual stake in Balco through the auction route, which could fetch a minimum Rs 3,000 crore.
IMG starts process for residual stake sale in HZL, BalcoMoving ahead with residual sale in Balco and HZL, an inter-ministerial panel has begun valuation process of these firms to complete it by M...
Finance Minister in convenes meeting tomorrow on Balco stake saleThe Finance Ministry has convened a meeting to discuss selling government's residual stake in Balco that can fetch Rs 3,000 crore to the ex...
Finance Ministry convenes meeting tomorrow on Balco stake saleThe Finance Ministry has convened a meeting tomorrow to discuss selling government's residual stake in Balco that can fetch over Rs 3,000 c...
CCEA meet today on Hindustan Zinc, Balco stake saleThe government is expected to take a call on selling its residual stake in the Vedanta Group-controlled companies, Hindustan Zinc and Balco...
Government likely to divest remaining Balco shares via auction routeThe government is likely to sell its remaining stake in aluminium major Balco through auction route.
Vedanta to hike offer to Rs 24,800 crore for more stakes in Balco, Hindustan ZincVedanta, now, plans to acquire additional 29.5% in Hindustan Zinc for over Rs 21,600 crore and 49% stake in Balco for more than Rs 3,000 cr...
Government plans IPO of Balco to get its current market priceGovt may do an IPO of Balco to determine its valuation before it divests its 49 pc residual stake to the Anil Agarwal-led Vedanta Group.
- Finance ministry takes legal view on residual stake sale in Balco & Hindustan Zinc
Finance ministry has started consultations with the law ministry and other administrative ministries on the residual stake sale in both Bal...
- Vedanta's Balco alleged of encroachment, environment ministry orders probe
The environment ministry has ordered a probe into allegations of encroachment of forest land by Vedanta's Balco plant in Chhattisgarh.
- We want higher prices for BALCO, HZL residual stake: Handique
The government will sell its residual stake in metal firms BALCO and HZL for a much higher price as the strategic sale of equity in these c...