Vedanta slips 4%; arm starts Korba rolling mill closure
Vedanta slipped 4% on reports that the company's subsidiary BALCO has started the closure procedure for its sheet-rolling division and foundry at Korba, Chhattisgarh. Last month, the aluminium manufacturer had announced its decision to shut down the rolling mill in Korba (Chhattisgarh) on account of "steep fall" in the prices of the metal.