Vedanta Limited (VEDL.NS)
- Bloomberg
Vedanta Is Said to Scrap Plans to Sell Mega Indian Copper Smelter
(Bloomberg) -- Vedanta Ltd. has shelved the plan to sell its copper smelter in the southern Indian state of Tamil Nadu, which accounted for almost 40% of the metal’s production in the country, and has doubled down on its efforts to restart the plant, according to people familiar with the matter.Most Read from BloombergSony Slashes PlayStation VR2 Headset Output After Pre-Orders DisappointWall Street Is Losing Out to Amateur Buyers in the Housing SlumpTrump Sues Journalist Bob Woodward for Releas
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Vedanta to Sell Overseas Zinc Business to India Unit for $2.98 Billion
(Bloomberg) -- Vedanta Resources Ltd.’s dollar bonds rallied on improved liquidity prospects after Vedanta Ltd. announced plans to sell its international zinc operations to unit Hindustan Zinc Ltd. for $2.98 billion and benefit from a dividend outflow by Anil Agarwal’s cash cow.Most Read from BloombergGoogle to Cut 12,000 Jobs in 6% Reduction of Global WorkforceMore Young Americans Are Dying, But Not From VaccinesHolmes Should Be in Prison, Not $13,000-a-Month Estate, US SaysTreasury Taps Retire
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India Expands Incentives for Chip, Display Units in Renewed Push
(Bloomberg) -- India is wooing semiconductor and display makers to the country by increasing financial incentives for setting up manufacturing units under a $10 billion plan.Most Read from BloombergGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsEverything-Selloff on Wall Street Deepens on 98% Recession OddsUS Housing Prices Fall for First Time Since 2012Alzheimer’s Progression Slowed by Drug in Major TrialPrime Minister Nar
