Sesa Sterlite Ltd (SESA.NS)
MUMBAI, March 18 - Indian shares were little changed on Wednesday as investors were reluctant to take fresh positions ahead of the U.S. Federal Reserve's policy statement due later in the day that is expected to give direction on interest rates there.
** Sesa Sterlite Ltd shares gain 3.2 pct ** Environment ministry revokes order that resulted in a ban on mining in the state of Goa - media reports (http://bit.ly/1ADdstz) ** A government spokesman was not immediately reachable ** Company said on Jan. 21 it had received approval for renewal of all its mining leases in Goa ** India was once the world's third largest iron ore exporter and Goa its biggest exporting state ** Goa said in January decks were cleared for iron ore mi
BHUBANESWAR, India - India has approved a proposal from Odisha to allocate a bauxite deposit with reserves of over 150 million tonnes to the state mining company, a move likely to help companies like Sesa Sterlite Ltd that are banking on the raw material to fire their aluminium smelters in the state.
BHUBANESWAR, India, March 17 - India has approved a proposal from the eastern state of Odisha to allocate a bauxite deposit with reserves of over 150 million tonnes to the state mining company, a move likely to help companies like Sesa Sterlite Ltd that are banking on the raw material to fire their aluminium smelters in the state.
** Jindal Steel and Power Ltd and Sesa Sterlite Ltd gain 1 pct each ** India re-examines coal mine bids amid reports of discrepancies ** Jindal Steel and BS Ispat and aluminium company Balco had won the bids for the three mines ** Sesa Sterlite holds 51 pct stake in Balco ** Religare says chances of cancelling the winning bids are negligible, unless some other irregularities are found ** Adds all the price bids were better than government's set price ** Says establishin
MUMBAI - The BSE Sensex and Nifty fell for the second straight session on Monday, dragged down by heavyweights such as Reliance Industries and financial stocks, as caution prevailed ahead of the budget due on Feb 28.
MUMBAI, Feb 23 - Indian shares recovered on Monday led by technology stocks on value buying while metals and mining companies such as Sesa Sterlite surged after the completion of first round of coal block auctions.
NEW DELHI - India is considering cutting the export duty for the low-quality iron ore produced by the country's biggest exporting state Goa, the mines and steel minister said, a move that could boost shipments to China and put more pressure on global prices.
** Sesa Sterlite Ltd falls as much as 2.8 pct on profit-taking, tracking lower global iron ore prices
** Chinese iron ore futures bounce back and on course for their second-biggest daily gain this year