08 SEPTEMBER 2010AL CIRCLE
Vedanta's silent independent directors
Edited by : AL CIRCLE
1 min read
...Vedanta Resources had environment clearance to set up a 1-million tonne alumina refinery at Lanjigarh in Orissa. But, it went ahead with expanding its capacity six-fold without any approvals. The N C Saxena Committee report, which chronicles a series of such violations by the company, raises the role of independent directors and sustainability development reports in protecting the interests of stakeholders...
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