Sesa Goa Ltd

Broker alert: Buy Coromandel, Jaiprakash; reduce Sesa Goa

Citi maintains its 'buy/medium risk' rating on Jaiprakash Associates with a price target of Rs 100. But ICICI Securities expects more from Sesa Goa and has downgraded its rating to 'reduce' from 'hold'.

Shareholders approve Sesa Goa, Sterlite merger

The merger proposal has been in the news after Templeton Asset Management Ltd, the second largest shareholder in Sesa Goa, opposed the move on the concerns about the huge debt burden of Vedanta Aluminium.<br /><br />

Why investors should vote against Sesa-Sterlite merger

The operational hurdles of Vedanta Aluminium and the additional debt of VAL and Cairn India would be a burden on Sesa Goa and Sterlite, which makes the proposal detrimental to minority shareholders of both the companies.

Why investors oppose Sesa Goa-Sterlite merger

Templeton Asset management with a 13 percent stake in Sesa Goa, its largest institutional investor in the Indian miner is trying to block the merger between Sesa Goa and Sterlite but needs 25 percent votes.

Ban on mining in K'taka sees Vedanta's yearly iron ore output drop

India-focused miner Vedanta posted a drop in full-year iron ore output, as a ban on mining in Karnataka and logistical bottlenecks continued to bite.

Vedanta places all debt but no cash in Sesa Sterlite?

S&P said, "Operational risks in Vedanta's metals and mining businesses in India are growing, in our opinion. The company has limited backward integration in aluminium, power, and copper."

I-T dept claims Rs 246 cr dues from Sesa Goa

The firm had reported Rs 370.54 crore net profit in the December quarter on a revenue of Rs 2,019 crore.

Karnataka govt recommends approval of 8 iron ore mines

The court had partially removed the mining ban earlier this year by allowing mining by category A mines besides approving NMDC's output of 1 million tonnes per month.

Sensex down over a percent on renewed fears of US recession