Vedanta aims to raise $1 bln via debt to fund Zambian copper minesVedanta Resources seeks to raise around $1 billion in debt financing to develop its Konkola Copper Mines in Zambia. The Indian company pref...
Budget 2025: Industry body IH2A seeks increased budgetary allocation of $2.5 bn for NGHMIndia Hydrogen Alliance requests an additional USD 2.5 billion for the National Green Hydrogen Mission in the upcoming Budget. The funds wi...
UK visa fees spike as Sunak government hikes health surcharge by 66%Starting February 6, the United Kingdom will introduce a significant hike in its immigration health surcharge (IHS) for visa applicants. Ap...
Statkraft's resolution for Lanco Mandakini gets NCLT nodLenders including Punjab National Bank, Canara Bank, Bank of Baroda and Axis Bank will recover ₹180 crore against the secured financial cre...
Arbitral tribunal rules ZCCM breached dispute resolution provisions over Vedanta minesMetals and mining firm Vedanta Resources held a 79.4 per cent stake in KCM while the Zambian government through its state mining investment...
Factory floors keep global economy chugging along amid virus hitThe electronics industry is enjoying particularly strong demand, helping to propel North Asia’s factories. South Korea’s semiconductors shi...
S&P Global to buy IHS Markit in $44 billion mega dealThe mega-deal, which IHS Markit Chief Executive Officer Lance Uggla told employees in a memo had been in the works for the last few months,...
Manufacturing activity shrinks again in May, PMI at 30.8Demand was subdued despite both input and output prices declining for a second straight month, signaling easing in overall inflation, which...
Manufacturing sector growth falls to 5-month low in March: PMIThis is the eighth consecutive month that the index remained above the 50-point-mark. In PMI parlance, a print above 50 means expansion, wh...
UK court asks Vedanta to settle $100 mn dispute with ZambianKonkola Copper Mines (KCM) is one of Zambia's largest copper producers and one of the largest private sector employers in the country.
$100 for shaving beard: ISIS imposes new fines, taxes as they lose their territoryThe required payment of the jizyah, a tax historically levied on non-Muslims permanently residing in Muslim lands under Islamic law are now...
Saudi Arabia to US: Cut costs or go homeThe world’s most powerful oilman brought a harsh message to Houston for executives hoping for a rescue from low prices.
IHS completes tower sale and lease-back deal from AirtelNigeria-based telecommunications infrastructure group IHS Holding Ltd has completed sale and lease back of telecom towers in Zambia from Ai...
Bharti Airtel Sells 1,100 Towers in Zambia and Rwanda to IHSWhile the companies did not provide financial details of the deal, a person familiar with the matter said each tower is valued at Rs 1.5-2 ...
Airtel sells telecom towers in Zambia, RwandaThe pact will help Airtel to focus on its core business and customers, enable it to de-leverage through debt reduction.
- US deficit cut may decide Federal Reserve's rate trend
The Federal Reserve can be counted on to keep its balance sheet big and interest rates low if President Barack Obama and Republican lawmake...
- Konkola will be listed on LSE in 2011: Vedanta
Anil Agarwal-promoted Vedanta Resources said listing of one of its group firm Konkola Resources plc, which raised $ 1.1 bn through an IPO, ...