Barely two weeks after announcing what it called a mega-restructuring plan, London-listed Vedanta Resources, India's largest diversified mining group, has scrapped the proposal.
The company cited the global financial turmoil and shareholders' objections as reasons for the sudden change of plan.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/vedanta-scraps-recast-plan
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mineral-based-industry
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vedanta-aluminium
