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Vedanta mulls spinning off aluminium division

domain-b.com, 3 hours 3 minutes ago / London-listed mining group Vedanta Resources Plc. is planning to spin-off its $20-billion aluminium division in a move to create the world's fourth largest alumunium producer, reported Britain's Telegraph newspaper yesterday.

Vedanta mining project within ambit of law, says Orissa govt

The Financial Express - India, 11 hours 15 minutes ago / In sharp contrast to the Centre's assertion that Vedanta Resources' proposed mining project in Orissa's Niyamgiri hills violated green and tribal norms, the state said the Anil Agarwal-led group's plans were within the ambit of the law.

Sunday newspaper round-up: Lloyds, EMI, Vedanta

ShareCast, 22 hours 35 minutes ago / Lloyds Banking is believed to be considering plans to hive off a portion of its giant commercial property portfolio into a separate, tax-efficient company.

Vedanta kicks off breakup with $20bn aluminium float

Global Infomine, Mar 13, 2010 / Vedanta Resources, the India-based Ftse 100 miner, is ready to begin a massive break-up of its business with the demerger of its $20bn (£13bn) aluminium division.

Vedanta violated green norms in Orissa: Ramesh

Business Standard, Mar 12, 2010 / Environment Minister Jairam Ramesh today said a three-member team was assessing the London Stock Exchange-listed Vedanta Resources' aluminium refinery project in Orissa.

Vedanta snubs British government again

YubaNet.com - Nevada City CA, Mar 12, 2010 / Vedanta Resources has once again snubbed a British government investigation into its planned mine in Orissa, India, by labelling government calls for a change in its corporate behaviour 'one-sided', and urging it to 'rest the case'.

Vedanta Resources plc - Power - Deals and Alliances Profile - new market report released

PR-inside.com - Austria, Mar 10, 2010 / Power - Deals and Alliances Profile is an essential source for company data and information.

India's tribes in land fight with business

FT.com, Mar 09, 2010 / Then the rumours spread through the villages: Tata, one of India's biggest conglomerates, would build a steel mill in the district.

Vedanta and HudBay Vie for Anglo Americans $800 Million Zinc Assets (AAUKY,HBM,VED)

Vedanta sees more stake sell-offs in UK

Deccan Chronicle - India, Mar 07, 2010 / Indian mining giant Vedanta Resources, which has faced a series of high-profile divestments from high-profile organisations in Britain, is facing more pullouts over its human rights and environment approach, particularly in Orissa.

Vedanta's criticism unfair, regrettable: Liberium Capital

Press Trust of India, Mar 07, 2010 / New Delhi, Mar 7 (PTI) Calling the recent criticism of Vedanta Resources' proposed mining project in Orissa as "unfair and regrettable", global investment bank Liberium Capital has expressed hope that cultural beliefs would not come in the way of the Rs 50,000-crore project in the state.

India tribes fight mining firm in real-life Avatar

Global Infomine, Mar 07, 2010 / As Hollywood rolls out the red carpet for the Oscars, a world away in remote eastern India, activists say the story of the blockbuster sci-fi film Avatar — nominated for nine awards — is being played out.

Vedanta Resources : Convertible Bond Offering - O

InvestEgate, Mar 05, 2010 / Vedanta Resources plc (the "Group", the "Company" or "Vedanta") announces that, in connection with its offering of Convertible Bonds due 2017 (the "Bonds") the over-allotment option has been exercised in full by Morgan Stanley on behalf of the lead managers in respect of US$78 million in aggregate principal amount of Bonds.

Bond-Offer Surprise Hits Vedanta Shares

MarketBeat - The Wall Street Journal, Mar 02, 2010 / Shares of Vedanta Resources fell as much as 6% Tuesday morning after the India-focused miner surprised the market with a $775 million convertible bond offer due in 2017.

Vedanta Aluminium Aims to Raise Funds

Global Infomine, Feb 22, 2010 / India's Vedanta Aluminium Ltd. aims to raise 171 billion rupees ($3.68n billion) via a syndicated loan, a person familiar with the matter said Friday, in what bankers peg as one of the biggest loan syndication deals in the South Asian nation in a year.

Mining groups lead advance on FTSE 100

FT.com, Feb 22, 2010 / Shares in London got a boost at the open on Monday as mining groups advanced in response to gains on commodity exchanges.

Trust Sells Vedanta Stake Over India Mine

Global Infomine, Feb 20, 2010 / LONDON--The Joseph Rowntree Charitable Trust on Thursday said it had sold its £1.9 million ($2.9 million) stake in Vedanta Resources PLC in the latest criticism of the miner's flagship bauxite project in India's Orissa state.

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