• Thursday, April 25, 2024

Business

Protests hit Agarwal plans

By: Eastern Eye Staff

BILLIONAIRE’S EXPANSION DREAMS IN DOUBT AFTER INDIA DEATHS INDIAN billionaire Anil Agarwal often talks about his dream to turn his Lon­don-listed company Vedanta Resources into a global resources giant. He has al­ready bought stakes in big mining com­panies, such as Anglo American Plc, and says he plans to spend at least $1 billion on investments in Africa. But in his home country, where he rose from a scrap dealer to a metals magnate, court-imposed fines, costly plant and mine shutdowns, and public protests against his businesses for allegedly polluting the en­vironment, have held back his lofty ambi­tions and hurt the…

You do not have access to this content. You need to subscribe.

Related Stories

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…