Hindustan Zinc

Hindustan Zinc News

Centre may divest in SAIL, RINL, HAL this year: Jaitley
India

Centre may divest in SAIL, RINL, HAL this year: Jaitley

The government has budgeted to raise Rs 43,425 crore through disinvestment in the current fiscal, higher than Rs 40,000 crore raised in 2013-14.

4 PSU stake sales and a public listing: Jaitley unveils govt's divestment plan
Economy

4 PSU stake sales and a public listing: Jaitley unveils govt's divestment plan

The government will be selling its stake in four PSUs and will be listing one in an attempt to shore up its finances.

Cash-rich Coal India's interim dividend to make FIIs richer by over Rs 1000 cr
Business

Cash-rich Coal India's interim dividend to make FIIs richer by over Rs 1000 cr

The government, which holds 90 percent stake in Coal India Ltd (CIL), will get Rs 16,485.71 crore and use the amount in meeting the fiscal deficit target.<br /><br />

Coal Min slaps notices to Jindal Steel, 13 others for mine delays
Business

Coal Min slaps notices to Jindal Steel, 13 others for mine delays

The Coal Ministry has slapped show-cause notices on 14 firms, including Jindal Steel & Power Ltd (JSPL) and Hindustan Zinc, for delay in the development of the coal mines allocated to them for captive use.

Will cash-strapped govt accept Vedanta's sweetened offer for HZL, Balco?
Business

Will cash-strapped govt accept Vedanta's sweetened offer for HZL, Balco?

Anil Agarwal's Vedanta Resources has sought shareholder nod to extend the offer to acquire residual government stakes in Hindustan Zinc Limited and Balco.<br /><br />

Chidambaram may squeeze PSUs for cash as asset sales falter
Business

Chidambaram may squeeze PSUs for cash as asset sales falter

A shortfall in sale proceeds this year will compound the formidable challenges Chidambaram faces. The economy is growing slower than the official forecast, hurting tax revenues. He is widely expected to meet his deficit target, but he may yet have to find other revenue sources or cut deeper into spending.<br /><br />

10 things you need to know before the opening bell
Investing

10 things you need to know before the opening bell

A quick look at global cues and stocks in the news ahead of the markets opening today.

Vedanta awaits govt's response on HZL, Balco stake sale
Business

Vedanta awaits govt's response on HZL, Balco stake sale

Vedanta Resources has not revised its Rs 17,275-crore offer made in January to buyout government's remaining stakes in Hindustan Zinc and Bharat Aluminium Company.

Hindustan Zinc Q2 net up 15% to Rs 1540 cr
Business

Hindustan Zinc Q2 net up 15% to Rs 1540 cr

Vedanta group firm Hindustan Zinc today reported a 14.50 percent growth in net profit to Rs 1,539.79 crore for the quarter ended September 30, 2012, largely due to higher volumes of refined lead and silver.

IMG to vet Vedanta's offer for stake in HZL, Balco
Business

IMG to vet Vedanta's offer for stake in HZL, Balco

In January, the group had offered Rs 15,493 crore for buying 29.5 percent in HZL, and Rs 1,782 crore for 49 percent residual holding in Balco.

Mines ministry to go by CCEA advice on Balco stake sale
Business

Mines ministry to go by CCEA advice on Balco stake sale

The Mines Ministry said it will go by the advice of Cabinet Committee on Economic Affairs (CCEA) on selling residual stakes in Hindustan Zinc and Balco to Sterlite Industries.