New Delhi, June 8 (IANS) Vedanta Resources has run into a credibility test in the US listing of its copper business, with auditors flagging concerns over the financial viability of its main asset, which has been piling up losses, according to a regulatory filing.The mining group has filed for an initial public offering (IPO) of CopperTech Metals Inc, a US-domiciled entity that owns and operates Vedanta’s Zambian copper mines and is expected to list on the New York Stock Exchange under the tick…
Latest Financial Viability News & Updates
Mumbai, March 17 (IANS) The Maharashtra State Road Transport Corporation (MSRTC) is set to recruit 17,742 drivers, conductors, and staff on a contractual basis. This recruitment is intended for the 8,300 new buses being added to the corporation’s fleet.MSRTC Chairman and Transport Minister Pratap Sarnaik on Tuesday shared that while a proposal for permanent staff has been sent to the Finance Department, this contractual hiring is necessary to ensure the new buses can begin operations immediately…