Sterlite Industries India Limited

Q2 earnings: profits decline as expenses escalate

While sales are pretty much in line with expectations, profits have declined significantly and margins have crashed.

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 merges Sterlite Industries and Sesa Goa

The consolidation is expected to lead to significant synergies, including economies of scale, more efficient movement of group cash, improved allocation of capital and corporate cost savings including tax efficiencies, Vedanta said.