The board of Hindustan Zinc Ltd., one of India’s leading zinc producers, has made a significant decision by approving the issuance of bonds amounting to up to 5 billion rupees (approximately $57.3 million). This move marks the company’s first foray into the local currency bond market in four years, highlighting a renewed momentum in financial operations under the leadership of magnate Anil Agarwal.
Indian mining giant Vedanta $VEDL has released its third-quarter results, surpassing market forecasts. The key drivers of this profit surge were the robust operational performances in its aluminum and zinc production segments.