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Shareholders approve Sesa Goa, Sterlite merger

Jun 25, 2012

The merger proposal has been in the news after Templeton Asset Management Ltd, the second largest shareholder in Sesa Goa, opposed the move on the concerns about the huge debt burden of Vedanta Aluminium. #Vedanta Resources #Sesa Goa #Sesa Goa Ltd #Sterlite Industries
Why investors should vote against Sesa-Sterlite merger

Jun 15, 2012

The operational hurdles of Vedanta Aluminium and the additional debt of VAL and Cairn India would be a burden on Sesa Goa and Sterlite, which makes the proposal detrimental to minority shareholders of both the companies. #Mergers and acquisitions #Vedanta #Sesa Goa #Sesa Goa Ltd #Shareholder Activism
Why investors oppose Sesa Goa-Sterlite merger

Jun 02, 2012

Templeton Asset management with a 13 percent stake in Sesa Goa, its largest institutional investor in the Indian miner is trying to block the merger between Sesa Goa and Sterlite but needs 25 percent votes. #Vedanta Resources plc #NewsTracker #Sesa Goa Ltd

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Moneycontrol.com
Helped by Cairn India, Vedanta core profits up 21% at $4.8b

2013-05-16 09:50:00

Buoyed by earnings from subsidiary Cairn India and higher metals production, Vedanta Resources today reported a 21 percent increase in its core profits at USD 4.888 billion for the year ended March, 2013. The natural resources giant, whose most of the op #India #Vedanta Resources #Goa
Sify
Sensex, Nifty hold gains as buying continues

2013-05-15 08:22:00

Betting on hopes the Reserve Bank of India will resort to a cut in policy rates following the inflation dropping down to fairly comfortable levels, investors are busy picking up stocks from across the board today. With recent data from the U.S. too turni #State Bank of India Group #Punjab National Bank #Bank of Baroda
Economic Times
Top 20 trading ideas for rangebound markets

2013-05-06 06:44:00

NEW DELHI: Markets were moving in a tight range on Monday, weighed down by some profit booking in banking, FMCG and realty stocks. At 11:30 a.m.; the 30-share Sensex was at 19,643.43, up 68 points or 0.3 per cent. It touched a high of 19,660.06 and a low #New Delhi #ITC Limited #Axis Bank

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