'Vedanta remains aligned and confident that government is progressing well with its forward looking disinvestment policy.'

The government is likely to sell its remaining stake in aluminium major Balco through auction route.

A meeting chaired by Prime Minister Manmohan Singh has endorsed sale of government stake in the two companies through open auction.

Govt 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 has started consultations with the law ministry and other administrative ministries on the residual stake sale in both Bal...

Sterlite Industries, which holds the majority 51 per cent stake in aluminium major Balco, may seek legal recourse after a government panel ...

An arbitration panel has allowed the government to sell its residual 49% stake in Bharat Aluminium Company as it deems fit.

The metal and mining group is also hopeful of taking forward the process to buy government's residual stake in another erstwhile PSU Hindus...

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...

Solicitor General asks government to go in for out-of-court settlement with Vedanta Group, instead of pursuing a weak case.

The 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...

The 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.

The government will offer its 49% stake in Bharat Aluminium Company (Balco) to Sterlite Industries, the country’s largest non-ferrous metal...

The Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to set up a committee of secretaries (CoS) to take a stand on the call...

Vedanta Resources’ tryst with call options continues.

Top officials from Sterlite Industries are set to meet the three-member committee headed by the law secretary next week to sort out the imp...

The government-Sterlite discord over the government’s residual stake in Balco could be resolved in an out-of-court settlement.