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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Nov 16, 2012 at 03:25

  • Live Mint: Vedanta Resources may cut output at its four-year-old aluminium smelter in India as it grapples with a shortage of raw material

Vodafone Group PLC

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  • 4-traders: Vodafone India has been awarded spectrum licences in 14 telecom circles in the Indian government's 1800 MHz spectrum auction

Xstrata PLC

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  • The Guardian: The high-profile £50 billion merger between Xstrata and Glencore took another last-minute twist on Thursday after the surprise decision by Qatar Holding, an influential shareholder, not to back controversial multi-million pound pay packages for key staff
  • The Daily Telegraph: Xstrata gave the nod to a rights issue by Lonmin, the platinum miner thrown into crisis by South Africa's strikes, as fellow investors refused to scupper the rescue plan

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