Shareholders of Sesa Goa and Sterlite Industries -- both controlled by London-listed miner Vedanta Resources -- approved the plan to merge the group's various Indian arms into a single unit, the two c

Templeton Asset Management Ltd is trying to block a planned merger between Sesa Goa and Sterlite Industries, both of which are controlled by miner Vedanta Resources, the Economic Times newspaper repor

Shares of Sesa Goa and Sterlite Industries tumbled by up to 9 per cent on Monday, couple of days after announcement of merger of the two companies by the parent Vedanta group.

Shares of Sesa Goa plun

Vedanta Resources will simplify its business structure by merging its Indian subsidiaries into a single unit to cut costs and improve cashflows, the London-listed miner said, as it looks to streamline

Corporate fraud investigation body, Serious Fraud Investigation Office (SFIO) has recommended prosecution against mines major Sesa Goa on nine grounds, including over and under-invoicing of export/imp

Mumbai, Oct. 11: The Vedanta Group on Monday ruled out increasing the open offer price to minority shareholders of Cairn India, saying its current offer was “lucrative.”

“There is no question (of inc

Mumbai, Aug. 16: Markets were not enthused by the multi-billion dollar deal for Cairn India — the stock plummetted 6.36 per cent to close at Rs 332.85. The stock price of Sesa Goa, which will be makin