Vedanta to exclude base metals business from sweeping demerger
The group said it will consider the base metals business demerger at a later stage.
India, the world’s top gold importer, may have just turned net exporter over the last couple of months given the high level of exports of gold jewellery, medallions and coins from the country.
Export of items of the yellow metal rose to a staggering $1.24 billion during March and April 2011.