Shareholders will vote on the separation on the week commencing 16 December
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Sunday 31 January 2010
Vedanta Resources is plotting one of the biggest money-spinning corporate break-ups of a Ftse 100 company in years. The Agarwal family, which has a majority stake in the India-based miner, is considering a spin-off of several of its interests, resulting in five or six companies plus a parent. Vedanta would retain controlling interests in them all, but each would be separately listed.
Wednesday 27 January 2010
Friday 25 September 2009
The safety policies of the London-listed mining giant Vedanta Resources are set to come under scrutiny after an accident at one of its sites in India killed as many as 100 people on Wednesday. The group has already been blacklisted by some investors over ethical and environmental concerns.
Sunday 13 September 2009
United Company Rusal, the Russian aluminium giant run by oligarch Oleg Deripaska, is planning to list in Hong Kong by December in a huge blow to the London Stock Exchange.
Friday 21 August 2009
Rio Tinto unveiled a record 64 per cent drop in first-half profits yesterday, saying it was "cautious" about the short-term outlook for commodities.
Monday 20 July 2009
Russian oligarch Oleg Deripaska today challenged a court ruling that a £2 billion-plus lawsuit launched against him by a former friend should be tried in England rather than Russia.
Monday 20 July 2009
Thursday 09 July 2009
Wednesday 20 May 2009
This obviously isn’t the best time to be launching a two seater roadster costing upwards of £28,645, but BMW seem confident enough about their new Z4 to predict a respectable sales figure of 3,500 units a year worldwide. Of those, a fairly hefty chunk may well come to the UK: We are the largest market for convertibles in Europe, despite our weather. Or perhaps that should be because of our weather, as we like to make the most of what little sunshine we enjoy. Even in a credit crunch.
Tuesday 17 March 2009
Friday 30 January 2009
Forensic examinations were under way today at the scene of a double shooting which left a millionaire businessman dead and his partner in hospital.
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- 2 Sherlock series 3: Benedict Cumberbatch and Martin Freeman provide teasers for the biggest comeback in British television
- 3 Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
- 4 Australian ultra-nationalist politician Stephanie Banister in car crash immigration TV interview
- 5 People will try to reduce Mandela to a lilting reggae tune about ‘love’. They will fail