- Reuters - UK Focus•2 hours ago
India is seeking a dividend of up to $2.2 billion from partly state-owned Hindustan Zinc Ltd (BSE: 500188.BO - news) (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances. The government, which owns 29.5 percent of HZL, is pushing for a dividend of 100-150 billion rupees ($1.47-2.20 billion), to be paid by March 31, officials said, speaking on condition of anonymity. Majority-owned by billionaire Anil Agarwal's Vedanta Resources Plc, HZL is sitting on about 360 billion rupees in surplus cash, they said, and would rather reward investors at least in part with a share buyback.
- Moody's•yesterdayVedanta Resources plc -- Moody's assigns B3 rating to Vedanta's proposed senior unsecured notes issuance
Singapore, January 16, 2017-- Moody's Investors Service has assigned a B3 rating to the proposed senior unsecured notes to be issued by Vedanta Resources plc. Proceeds from the issuance are expected to ...
- Reuters - UK Focus•11 days ago
A court in London will decide in coming weeks whether Royal Dutch Shell (LSE: 0LN9.L - news) can face trial in the UK over oil spill allegations in Nigeria, a decision some legal experts predict could attract more cases against multinationals in Britain. The High Court will judge whether members from two communities, Bille and Ogale in Nigeria's oil-rich Delta region, can sue the Anglo-Dutch company in British courts. The communities say Nigerian courts are unfit to hear the case against Shell subsidiary Shell Petroleum Development Company of Nigeria (SPDC).
VED.L: Summary for VEDANTA RESOURCES PLC ORD USD0. - Yahoo Finance
Vedanta Resources plc (VED.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||996.00 x 22400|
|Ask||997.00 x 40000|
|Day's range||983.94 - 1,027.00|
|52-week range||195.16 - 1,041.00|
|PE ratio (TTM)||-174.63|
|Dividend & yield||0.40 (3.36%)|
|1y target est||N/A|