Vedanta Aluminium faces Rs 5,600 crore demand after Odisha court ruling
Vedanta Aluminium is facing a demand for Rs 5,600 crore from Odisha Mining Corp. (OMC) after the Orissa High Court rejected its plea to retain an old pricing arrangement for bauxite. This setback is expected to increase costs for India's largest aluminum producer.
Mumbai, Oct. 5,600 crore demand from Odisha Mining Corp. (OMC), after the Orissa High Court rejected its plea to retain an old pricing arrangement for bauxite. The setback could raise costs for the country's largest aluminium producer and increase its futur…