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GLENCORE INTERNATIONAL
Rising duties may cut India’s gold imports sharply: Mohammed ImranIndia's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...- European stocks close at record as Glencore jumps on Rio Tinto interestEuropean stock markets reached a new peak on Friday. Glencore's significant jump fueled the rise. Technology stocks also performed strongly...
- Vedanta parent raises $450 million from two rivalsVRL has raised $200 million in finance from commodities trading company Trafigura Group and $250 million from mining and natural resources ...
- Vedanta Resources clears debt obligations for Q1The company’s statement comes days after it pledged a 4.4% stake in VDL to Glencore International AG for a $250 million loan. Glencore Inte...
- Feeding the world’s coal addiction is more profitable than everNo. 1 producer Coal India Ltd.’s profit nearly tripled, also to a record, while the Chinese companies that produce more than half the world...
- London copper steady, zinc holds gains on supply cutLondon copper was flat on Monday but holding near its highest level in more than three weeks, after production cuts by Glencore revived sen...
- Glencore to supply crude to IOC from Sandesara Group's Nigerian assetsSandesara group is claiming to be the first Indian operator and oil producer in Nigeria, which is member of OPEC.
- Xstrata investors seen backing Glencore takeoverInvestors in commodities trader Glencore, voted 99.4 per cent in favour of the deal at a meeting in Zug, near Zurich.
- London Metal Exchange to adjust warehouse rules for the benefit of broader marketLME will adjust its warehouse rules to be "what's good for the broader market," said Charles Li, CEO of Hong Kong Exchanges & Clearing.
- Mining M&A deals value at $79 billion in first half of 2012: PwCBoosted by nearly $54 billion Glencore-Xstrata deal, total value of M&A deals announced in the mining space touched USD 79 billion in the f...
- Glencore may abandon Xstrata bid if Qatar opposesGlencore International is prepared to walk away from a $30-billion deal to buy Xstrata, in what would be this year's largest takeover
- Wheat exports hit a hurdle over Finmin objectionsThe food ministry's proposal to export 2 million tonne wheat from FCI godowns at subsidised prices has hit a roadblock after the finance mi...
- Jindal Steel plans to scale down steel, pellet plants in BoliviaJindal needs about 4.5 mcmd of gas for its ops but was offered only 2.5 mcmd by the Bolivian state-run Yacimientos PetrolÃferos Fiscales Bo...
- Glencore International in talks to acquire 24% stake in Croniment AlloysA deal, which they said could be for Rs 50-75 crore, would mark Switzerland-based Glencore's entry into India.
- KS Oils gains on stake sale talkDay traders have turned active in KS Oils to gain from the current momentum in the stock triggered by stake sale buzz.
- K S Oils surges over 19% on stake sale buzzKS Oils, a leading domestic edible oil firm, was trading 19% higher in early trade today on reports that the Glencore AG was evaluating a b...
- Glencore likely to get $61 bn value in London, Hong Kong public issuesGlencore International, planning the year’s biggest IPO said the share sale in London and Hong Kong this month may value the company at abo...
- Govt: Wheat import tender on SaturdayThe government is likely to decide on wheat import tender on Saturday, a senior food ministry official said here on Friday.
- Wheat import duty cut opens up the field for global playersWith the government slashing the import duty on wheat to 5% from 50% and opening up imports for private companies, international traders ar...
- Draft transaction document ready for HZL selloffNEW DELHI: The government on Wednesday cleared the draft transaction document for sale of 26 per cent stake in Hindustan Zinc.
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