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India government plans to oppose Vedanta Zinc asset sale to unit: Report

The Indian government, which has nearly 30% stake in Hindustan Zinc that it intends to sell through offer-for-sale mechanism, is likely to vote against the plan on concerns ranging from high valuations to it being a related party transaction, the report said ....

India General , South Africa , Anil Agarwal , Vedanta Resources Ltd , Mountain Mining Pty Ltd , Zinc Ltd , Skorpion Zinc Pty Ltd , Hindustan Zinc , Black Mountain Mining , Skorpion Zinc , Vedanta Zinc , Indian Government , Asset Sale ,