Vedanta seeks $1 billion in upsized share placement
Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country.
Indian state-run National Aluminium Co Ltd (NALCO) has raised the domestic prices of its aluminium products by 4,000 rupees ($90) per tonne, except for rolled products, a senior company official said on Tuesday.
The prices have been increased in line with the London Metal Exchange (LME) rates, the official who did not wish to be identified due to company policy, told Reuters.
