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Apex court stays Sterlite copper works closure ordered by Madras HC Tuesday

India’s Supreme Court has stayed the Madras High Court’s order to shut a Sterlite Industries copper smelting plant that the lower court had decided was polluting and in ‘pathetic condition’, as reported two days ago on Wednesday. The apex court judges decided to stay the Madras HC order until 18 October, reported Reuters. The shares in Sterlite rose 6 per cent in Mumbai trading.

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