Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines. It will enhance value creation and operationalise the Konkola Copper Mines (KCM).
An unaccounted cash of Rs 12.36 lakh was on Thursday seized from a car registered in the name of a Bharatiya Janata Party MLA's husband in the state capital during a special drive in view of Bihar assembly elections.
Facing the ire of people over the midday meal tragedy, the Bihar government plans to provide printed instructions to school principals about food quality and safety besides painting the norms on the schools walls.
In continuing operations to enforce the Model Code of Conduct, more than Rs 10.5 lakh unaccounted cash and 3,112 litres of illegal liquor were seized from different parts of the state on Saturday.
A bench comprising Mr Justice H K Sema and Mr Justice A R Lakshamanan vacated the stay against the trial proceedings in the case.
Voting will be held in 55 seats on Sunday in the penultimate phase of Bihar election, with stakes high for the Bharatiya Janata Party as it had along with its then ally Janata Dal-United bagged majority of seats in last assembly polls.
Facing widespread criticism over the death of 23 children after eating mid-day meals in Chhapra, the Bihar government on Thursday denied receiving any alert from the Centre over shortcomings in its implementation and insisted that the food was 'poisonous'.
Voters will decide the fate of 456 candidates in 32 constituencies spread over six Naxal-hit districts.
The mid-day meal tragedy has sparked a blame game with the Bihar government on Friday refuting Centre's contention of having sent alerts to 12 districts including Saran, where 23 children died after consuming food, over shortcomings in the implementation of the scheme.