Mukesh Kumar News
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UBS AG, fighting lawsuits from two Singapore traders it fired for alleged serious misconduct, was sued by their former boss Balasubramanian Venkatesan.
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UBS AG, sued for wrongful dismissal by two former traders in Singapore, said they were fired for serious misconduct and won a bid to seal documents in the cases.
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UBS AG was sued for wrongful dismissal by two former traders in Singapore who claimed they were fired in a bid by the bank to cover up its role in allegedly manipulating key reference rates.
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Vedanta Resources Plc, controlled by billionaire Anil Agarwal, is counting on a court verdict next month to secure raw material and revive a faltering $9 billion aluminum project in India.
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Mukesh Kumar Yadav says he’s struggling with medical bills after he lost two toes in an accident this month at a Maruti Suzuki India Ltd. plant. He’s a contract worker who earns a fraction of a permanent employee and isn’t entitled to on-the-job injury compensation.
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Billionaire Anil Agarwal’s plan to buy India’s stakes in units of his Vedanta Group may falter as the government insists on parliament’s approval for the deal, according to three people familiar with the decision.
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On a recent visit to Bhubaneswar, the capital of the large eastern state of Odisha, I found the airport plastered with advertisements and slogans expressing the nurturing, socially conscious side -- caring for the poor, growth with inclusive values, creating happiness -- of the many steel and aluminum companies that have major operations in one of India's poorest but most mineral-rich and business-friendly states.
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India’s 10-year bonds gained a third day on speculation excess cash at banks will prompt them to add to their holdings of government debt.
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Aluminum prices may rise to as much as a six-month high by the end of the quarter as processing companies replenish inventory to meet a rebound in demand, said Vedanta Resources Plc, India’s biggest producer.
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Vedanta Resources Plc ’s proposal to start an $8.5 billion expansion of its aluminum complex in India was rejected by the Environment Ministry today, citing violations of forestry laws.
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