Two months ago, at the end of March 2009, a judgment was delivered in Delhi’s High Court against some leading directors of UK-listed Vedanta Resources plc. The case received very little publicity even within India, let alone in Britain. But it cut to the heart of a persistent puzzle: How did Vedanta’s founders, Anil Agarwal and family, amass a relative fortune (by domestic standards) even before his clan scored the triumph of being accepted onto the world’s leading mining-related stock exchange? Thanks to research by prominent Indian journalist, Paranjoy Guha Thakurta, we may now be closer to finding out.
See http://www.minesandcommunities.org/article.php?a=9278.