Anti-Sterlite protest: MDMK chief meets injured protestors in hospital

Vedanta hits over 10-month low tanks 7% in a day after protests in Tamil Nadu

Vedanta hits over 10-month low tanks 7% in a day after protests in Tamil Nadu

The Thootukudi copper smelter, one of India's biggest, is run by Indian subsidiary Vedanta Ltd's Sterlite Copper unit. Sterlite further expressed sorrow at the deaths and said that it has urged the government to ensure the safety of people working at the company and facilities. They hurled stones at the collector's office, he said in a statement.

But environmental activists point out that the plant, controlled by London-headquartered Vedanta Resources, had been temporarily shut in the past too for violations.

Police then resorted to lathicharge and tear gas to disperse the crowd. Venkatesh said the district administration was "taken aback" by the number of protesters that had gathered.

The government will take "all steps possible to resolve the problem at the Sterlite factory through legal means". Palaniswami announced a compensation of Rs 10 lakh to the families of each of the deceased, and ordered judicial inquiry into the violence.

Eleven people, including a 16-year-old girl, have died in Tuticorin during the anti-Sterlite protest on Tuesday.

"We had been receiving information from the Tamil Nadu Vanigar Sangam (trade union) a week ago about possible violence by some groups".

One protester said reports of probable violence had been circulating for over a week. "However, we chose to carry on with our protests in a non-violent manner", she said. The government committed a "Himalayan blunder" by handling the protest with "guns and teargas shells", he said, adding at least a minister accompanied by the district collector should have spoken to the agitators. Actor-politician Rajinikanth condemned the violence in a tweet, holding the government responsible for the deaths. The group which is worth Dollars 4 bn has asked the Tamil Nadu government to ensure safety of its employees and its facilities at Thoothukudi.

Vedanta, which produces iron ore, copper, aluminium, zinc and oil, said earnings before interest, tax, depreciation and amortisation rose 27 percent to $4.1 billion for the year ended March 31, while revenue rose 33 percent $15.4 billion.

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