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BALCO ARBITRATION
Vedanta moves HC over 2011 arbitral award declaring Balco shares transfer as voidVedanta Ltd is challenging a court decision regarding a 2011 arbitration award. The award declared a shareholders' agreement with the gover...- Zee-Sony Tussle: The test of arbitration lawZee-Sony Deal: The broken Zee Entertainment - Sony Group merger plan has led to intriguing developments on the legal front. Japan's Sony in...
- 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 Chairman Anil Agarwal discusses Hindustan Zinc and Balco stake sale with FM Arun Jaitley'Vedanta remains aligned and confident that government is progressing well with its forward looking disinvestment policy.'
- 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.
- HZL & Balco stake sale via auction to rake in Rs 20k CrA meeting chaired by Prime Minister Manmohan Singh has endorsed sale of government stake in the two companies through open auction.
- 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 ZincFinance ministry has started consultations with the law ministry and other administrative ministries on the residual stake sale in both Bal...
- Sterlite may seek legal recourse on Balco issueSterlite Industries, which holds the majority 51 per cent stake in aluminium major Balco, may seek legal recourse after a government panel ...
- Panel allows govt to sell Balco stake freelyAn arbitration panel has allowed the government to sell its residual 49% stake in Bharat Aluminium Company as it deems fit.
- Balco arbitration over; may buy govt's stake by March: VedantaThe metal and mining group is also hopeful of taking forward the process to buy government's residual stake in another erstwhile PSU Hindus...
- We want higher prices for BALCO, HZL residual stake: HandiqueThe 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...
- Solicitor General withdraws from Balco caseSolicitor General asks government to go in for out-of-court settlement with Vedanta Group, instead of pursuing a weak case.
- Balco stake sale may fetch up to Rs 3k crThe government could mop up close to Rs 3,000 crore from the sale of its residual stake in Bharat Aluminium Company (Balco) to Sterlite, if...
- Home ministry puts off decision on Balco stake after Korba tragedyThe directive from the home ministry comes on the back of last month’s accident at Balco’s work site in Korba, where 41 people died.
- Govt seeks Rs 2,000 cr from Sterlite for exiting BalcoThe government will offer its 49% stake in Bharat Aluminium Company (Balco) to Sterlite Industries, the country’s largest non-ferrous metal...
- CoS to take call on Balco stake saleThe Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to set up a committee of secretaries (CoS) to take a stand on the call...
- Arbitrator to rule on Vedanta standoff with Zambia CopperVedanta Resources’ tryst with call options continues.
- Govt-Sterlite talks on Balco next weekTop officials from Sterlite Industries are set to meet the three-member committee headed by the law secretary next week to sort out the imp...
- Govt, Sterlite may make peace in Balco rowThe government-Sterlite discord over the government’s residual stake in Balco could be resolved in an out-of-court settlement.
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