Sterlite Industries

Sterlite Industries, India’s largest non-ferrous metals and mining company reported a 42 per cent jump in net profit for the third quarter ended December 31, 2009, as the company achieved its highest ever zinc, lead and saleable silver production during the quarter.

Indian stocks trading on American bourses lost USD 3. 85 billion (around Rs 18 000 crore) from their total market valuation last week with HDFC Bank and Sterlite Industries

Signs of the US dollar gaining strength, as the world's largest economy crawls back from a twoyear long recession, have put some domestic businesses in focus.

Global metal and mining major Vedanta Resources has decided to revive its about Rs 10,000- crore independent power project in Punjab, which it had put on hold last year.

"We

Sterlite Energy, a subsidiary of Sterlite Industries today filed a draft prospectus with market regulator SEBI for an initial public offer to raise up to Rs 5,100 crore from the

L&T bagged construction-related orders worth Rs 966 crore from Sterlite Industries India.