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Supreme Court orders CBI probe into HZL stake sale in 2002 -Utkarsh Anand

-Hindustan Times The top court ordered a court-monitored CBI investigation into the initial stake sale of Hindustan Zinc Ltd (HZL) to Anil Agarwal-run Sterlite Opportunities and Ventures Ltd (SOVL) in 2002 The Supreme Court on Thursday ordered a court-monitored Central Bureau of Investigation (CBI) probe into the initial stake sale of Hindustan Zinc Ltd (HZL) to Anil Agarwal-run Sterlite Opportunities and Ventures Ltd (SOVL) in 2002 when the Bharatiya Janata Party (BJP)-led...

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Rajasthan High Court issues notice to state government, ACB over 600 crore benefit to Vedanta -Mahim Pratap Singh

-The Indian Express An official ACB probe had revealed that IAS officer Ashok Singhvi had allegedly benefitted Hindustan Zinc Ltd, a subsidiary of Vedanta-owned Sterlite industries Jaipur: The Rajasthan High Court on Tuesday issued notices to the state government and the Anti-Corruption Bureau (ACB) over alleged inaction in a 600-crore scam probe involving multinational mining giant Vedanta Resources. Justice V K Vyas issued the notices to the ACB and the state home...

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CBI to probe Vedanta head over PSU selloff

-The Times of India NEW DELHI: Launching a probe in a deal done during NDA regime, the Central Bureau of Investigation (CBI) has registered a preliminary enquiry against Vedanta Group chairman Anil Agarwal and unknown officials in connection with alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL). Agency suspects that the loss caused to the exchequer due to the alleged irregularities runs into hundreds of crores of rupees due...

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