CATL to seek Hong Kong listing
CATL's board has approved the plan, but the proposal is pending approval from regulators, including the China Securities Regulatory Commission.
Indian miner Vedanta Ltd reported a net loss of 125.2 billion rupees ($1.7 billion) for the fourth quarter of its financial year, compared with a profit of 26.15 billion rupees in the same period a year earlier.
The company took a one-time loss of 171.3 billion rupees in the March quarter, mainly due to an impairment of assets at its Oil & Gas business, triggered largely by a fall in crude oil prices following the coronavirus outbreak.
Revenue from operations came in at 195.13 billion rupees, compared with 230.9 billion rupees a year earlier, the company said in a statement.
(By Rajendra Jadhav; Editing by Mark Potter)
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