Vedanta gets Orissa High Court stay on Rs 71 crore penalty
Odisha’s State Pollution Control board had asked the company to pay the fine for allegedly disposing of fly ash incorrectly.
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Who after Anil Agarwal?
So far it seems unlikely that the billionaire’s two children are interested in the business. The lack of a clear succession plan brings even greater urgency to Vedanta’s restructuring exercise.
Anil Agarwal’s steel problem
Five years after buying ESL Steel for what seemed like a bargain, the Vedanta founder is in a hurry to sell the company. Except, he hasn’t had much luck with finding a buyer.
Anil Agarwal just bought himself more time
By pushing for a sale of Vedanta’s global zinc assets to Hindustan Zinc, he may have spooked the government into scrapping a plan to divest its stake in the company.
