Zambia copper mine: Vedanta scouts for fundraise options

Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both......

Sterlite shooting may dent Vedanta's brand image

The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury Recent protests against Vedanta’s Sterlite Copper unit in Tamil Nadu,......

Insolvency: Uttam Galva seeks 50% haircut. Will SBI oblige?

Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the......

Vedanta's profit up 49% to $2.56 bn in Apr-Sep

India-focused mining conglomerate Vedanta Resources on Wednesdayreported 49 per cent growth in its core profits to $2.562 billion for the half year ended September 30, 2012, buoyed by earnings from......

Stampede kills 12 football fans

A stampede in Zambia killed 12 soccer fans and injured many others after a match between the home team and Congo Brazaville late on Saturday, police said on Sunday. Copperbelt police chief......