There is an unusual combination of fear and fortitude on show, as the fight over Niyamgiri Hills finally draws to a close. Even though Vedanta Resources’ proposal to mine bauxite at the sacred mountain in Orissa’s Kalahandi district is rejected, for thousands of...
Vedanta says looking for alternative mines after setback Vedanta Resources said on Wednesday it would seek other sources of bauxite in India after its plans for a mine in an area held sacred by tribespeople were blocked by the government. Vedanta, owned by Indian...
Shares of Vedanta Resources fell for the second successive session today on the London Stock Exchange, after the metals and mining major failed to get an environment clearance for its USD 1.7 billion bauxite mining project in Orissa. See...
1) India’s Ministry of Environment and Forests rejects Vedanta’s Niyamgiri project Vedanta Mining Project in Orissa’s Niyamgiri Hills Rejected The Ministry of Environment and Forests rejected Vedanta mining project in Orissa’s Niyamgiri Hills....
Vedanta hopes to buy UK company Cairn Energy’s majority stake in oil company Cairn India. ONGC-OIL-Gail may counter Vedanta offer State-owned ONGC, OIL and Gail may make a joint bid to counter Vedanta Resources’ $8.48 billion offer for majority stake in Cairn...
Danish bank Danske has published a list of companies which it will not finance because of environmental and human rights concerns. Its list of “Excluded companies” names those that do not meet the requirements of its Socially Responsible Investment policy....