Vedanta s Oxygen Output in Thoothukudi Is Less CSR, More Disaster Capitalism thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.
Sterlite Re-Visited
“Until the doors of hell are closed we will not go back to our homes!”
“Marana vaasal moodum varai, Nangal veedu vaasal sella mattom!”
It has been almost three years since the police opened fire on a crowd of men, women and children who gathered with this slogan on their lips in Thoothukudi. On May 22, 2018 the state unleashed extreme violence on a crowd protesting against the Sterlite copper plant of the Vedanta group for the severe pollution it was causing, endangering the lives of local residents.
The police firing killed 13 civilians and injured many others. Some of those killed were part of the protest, others were caught in the crossfire.
Vedanta s Anil Agarwal Raises Open Offer Price For India Unit To Rs 235 A Share Vedanta s Anil Agarwal Raises Open Offer Price For India Unit To Rs 235 A Share The London-based Vedanta Resources will now seek to buy 17.51 per cent of Mumbai-listed Vedanta at Rs 235 ($3.24) a share, it said in an exchange filing Tuesday
Vedanta Resources existing 55 per cent holding in Vedanta is placed as collateral
Anil Agarwal, billionaire founder of the Vedanta Group, has pledged his stake in a cash-rich Indian unit to help sweeten terms for a takeover attempt that s key to his debt-repayment plans. The London-based Vedanta Resources will now seek to buy 17.51 per cent of Mumbai-listed Vedanta at Rs 235 ($3.24) a share, it said in an exchange filing Tuesday. That s up from the previous 10 per cent at Rs 160 apiece.
Anil Agarwal pledges stake to sweeten deal for Vedanta Ltd
If Vedanta were to accept bids for the entire 651 million shares, the consideration for the deal would be about Rs153 billion versus Rs59.48 billion expected in the January offer.
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. Updated: 17 Mar 2021, 11:22 AM IST Bloomberg
London-based Vedanta Resources Ltd. will now seek to buy 17.51% of Mumbai-listed Vedanta Ltd. at Rs235 a share
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Anil Agarwal, billionaire founder of the Vedanta Group, has pledged his stake in a cash-rich Indian unit to help sweeten terms for a takeover attempt that’s key to his debt-repayment plans.
Vedanta Resources raises USD 1 2 billion ahead of open offer for Indian listed unit freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.