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.
Reuters reported that Indonesia, a major global producer of raw materials, has put on hold talks to impose an export tax for coal and base metals, but still expects to introduce the charge later in 2012. Late in 2011, Southeast Asia’s largest economy…