Tony Hayward defended an incentive plan for the commodity giant’s new chief executive officer, after prominent advisory firms urged investors to vote against it.
Vedanta is supplying oxygen from its zinc and steel units to state governments and is also seeking permission to restart an oxygen plant at its closed copper complex in Tamil Nadu.
Company decided to waive its pre-emptive right over the 30% stake in Australia's Tropicana Gold Mine, paving the way for Regis Resources to acquire the stake.
The China steel and iron ore market narrative for 2021 was supposed to be pollution-led curbs on steel, coupled with rising iron ore supply. Neither is happening.