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- India's top court clears Posco, Vedanta projects in key rulings
- NEW DELHI AFP — India's top court Friday cleared South Korean steel giant Posco's plan for a 12-billion-dollar plant in a controversial case seen pitting farmers' interests against growing industrial development. In another key case viewed as a test of tribal rights, the court approved British mining company Vedanta...
- Research articles 2008-08-08
Additional Resources
- Vedanta sights gold, opens purse strings.
- Byline: Suresh Nair May 18--MUMBAI, India -- Vedanta Resources plans to enter the precious metals business by investing in gold as the sky-rocketing prices of the commodity tempt India's leading non-ferrous metal producer. The London-listed Vedanta may invest in Sterlite Gold,...
- Research articles 2006-05-18
- Vedanta puts India Foils on the block.
- Byline: MV Ramsurya Jul. 5--MUMBAI, India -- Vedanta group company India Foils, the country's largest aluminium foils maker, is on the block. Vedanta has appointed KPMG to scout for potential suitors for the unit, which it bought from the BM Khaitan group in 2000....
- Research articles 2007-07-05
- Vedanta raises [pounds sterling]507m in LSE's second largest IPO this year.
- Byline: Shanny Basar Vedanta Resources, the Indian mining company, increased the size of its initial public offering by more than a fifth as it raised [pounds sterling]507m ([euro]721m) to become the second largest IPO on the London Stock Exchange LSE this year.JP Morgan and...
- Research articles 2003-12-04
- Vedanta in talks on Orissa iron mine
- THE METALS and mining group Vedanta Resources said yesterday it was in talks on developing an iron ore mine in Orissa in eastern India, which would be combined with steel production. If the project goes ahead, Vedanta would manage all the upstream projects, focusing exclusively on iron ore. BHP Billiton...
- Research articles 2004-08-26
- Vedanta surges as miners resume their climb
- After a quiet couple of months, mining stocks stormed back to the top of the blue-chip index yesterday as investors warmed to benign US inflation data, making another rise in US interest rates less likely in the short term. Miners occupied four of the top five risers...
- Research articles 2006-08-17
- Vedanta set to become LSE's second largest IPO this year.
- Byline: Shanny Basar Vedanta Resources, the Indian mining company, looks set to become the second largest initial public offering IPO on the London Stock Exchange LSE this year raising [pounds sterling]495m ([euro]711m), 20% more than orginally planned.The offer would also become the third ...
- Research articles 2003-11-24
- HudBay Takeover Unlikely - RBC
- FP Trading Desk submits: Indian mining company Vedanta Resources PLC has acquired a 9.5% stake in HudBay Minerals Inc. (HBMFF.PK), but RBC Capital Markets analyst Adam Schatzker thinks that an outright takeover is highly unlikely. In a note to clients, he put the odds of a takeover of less...
- External links 2009-04-28
- Vedanta likely to float $500m euro bonds.
- Sep. 16--MUMBAI, India -- India Inc is on a fund-raising spree from the external commercial borrowings ECB market, with corporates and financial institutions slated to raise over $1bn in the next few months. For instance, while the LSE-listed Vedanta, a mineral resources company with...
- Research articles 2005-09-16
- It's final, S&P downgrades.
- Jan. 21--MUMBAI, India -- Vedanta Resources' plans to set up a 5-lakh-tonne greenfield aluminium smelter in Jharsuguda, Orissa, at a cost of approximately Rs 9,300 crore has led to a fall in its credit ratings. Jan. 21--MUMBAI, India -- Vedanta Resources' plans to set...
- Research articles 2006-01-21
- Reed Elsevier rises on recovery signs at US legal rivals
- Reed Elsevier , the Anglo- Dutch publishing group, was in demand yesterday, its shares rising 3.3 per cent to 473p on the view that concerns about the performance of Lexis-Nexis, its content archive service, had been overplayed. Upgrading its recommendation to "outperform" and setting a 600p target price, Exane BNP...
- News items 2009-10-27
- FTSE Closes Up 1.2 Percent
- By Harpreet BhalLONDON (Reuters UK) - Top shares closed 1.2 percent higher on Monday, as miners and oil firms rose, underpinned by firmer commodity prices on the back of bullish economic data, while RBS fell as the lender faces asset sales.The FTSE 100 closed 59.95 points higher at 5,104.50...
- News items 2009-11-02
- FTSE Falls 1.4 Pct as Commodities Sag
- By Simon FalushLONDON (Reuters UK) - The top share index fell 1.4 percent on Thursday as sagging commodity prices dented miners and energy stocks, while reduced risk appetite hurt banks.The FTSE 100 ended down 74.43 points at 5267.70, its biggest daily fall for three weeks, after closing 0.1 percent...
- News items 2009-11-19
- FTSE Ends Lower For 4th Day
- By Tricia WrightLONDON (Reuters UK) - The top share index ended in negative territory for a fourth consecutive session on Friday as weakness in commodity stocks and banks outweighed gains from defensive pharmaceuticals.The FTSE 100 ended down 16.29 points, or 0.3 percent, at 5,251.41 points, the lowest close since...
- News items 2009-11-20
- FTSE Up as Dubai Impact Fears Allayed
- By Jon HopkinsLONDON (Reuters UK) - The top share index jumped 1.6 percent higher in early deals on Tuesday, rallying after sharp falls on Monday and helped by strength overnight on Wall Street and in Asia as concerns over Dubai's debt problems eased.By 9:03 a.m., the FTSE 100 index was...
- News items 2009-12-01
- Hind Zinc Q4 net up 250%.
- Apr. 29--MUMBAI, India -- Hindustan Zinc HZL, part of the London listed Vedanta Resources on Friday posted 250 percent increase in net profit at Rs 802 crore for the Q4 FY06, as zinc prices shot through the roof. Prices of the metal rose 72...
- Research articles 2006-04-29
- India's Sterlite says buying US copper firm Asarco for 2.6 bln dlrs
- NEW DELHI AFP — India's metals and mining company Sterlite Industries said it has signed a deal to buy US copper mining company Asarco for 2.6 billion dollars. Sterlite, a subsidiary of British mining group Vedanta Resources, will acquire three open-pit copper mines, a copper smelter and a refinery...
- Research articles 2008-05-31
- Miners book a place in revamped FTSE 100
- Moving in or out of the major indices can have a significant impact on the short-term performance of a stock due to tracker funds buying and selling stock. The quarterly index reshuffle is announced today, with the mining groups Vedanta Resources and Lonmin looking certain to move...
- Research articles 2006-06-07
- Deutsche Bank puts miners back in favour
- A bullish note on the mining sector from the influential broker Deutsche Bank attracted investors to a sector that has been out of favour in recent weeks. Top pick for the broker is Vedanta Resources, the Indian copper mining group that has just joined the blue-chip index, along with the...
- Research articles 2006-07-01
- Deutsche Bank puts miners back in favour
- A bullish note on the mining sector from the influential broker Deutsche Bank attracted investors to a sector that has been out of favour in recent weeks. Top pick for the broker is Vedanta Resources, the Indian copper mining group that has just joined the blue-chip index, along with the...
- Research articles 2006-07-01
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