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Indian billionaire Anil Agarwal’s Vedanta Resources Ltd. and state-owned ZCCM Investments Holdings Plc have resolved their disputes over a Zambian copper mining complex, following a four-year legal battle over its ownership.
Billionaire Anil Agarwal’s plan to build a $19 billion chipmaking plant in India is floundering as his venture struggles to secure a technology partner and faces challenges in obtaining financial incentives from the government.
Bondholders in Vedanta Resources, a highly leveraged mining group, are jittery about getting repaid next year.