Not everyone is a Vedanta seller: HSBC

Miner Vedanta has twice in recent weeks seen shareholders dump holdings in it because of allegations about its behaviour in India. But HSBC is having no truck with the complaints of the Church of England or the Joseph Rowntree Trust. A note arrives, headlined: "Vedanta, upgrade to overweight: recognising the value of growth".

Online PR News – 22-February-2010 – – Miner Vedanta has twice in recent weeks seen shareholders dump holdings in it because of allegations about its behaviour in India. But HSBC is having no truck with the complaints of the Church of England or the Joseph Rowntree Trust. A note arrives, headlined: "Vedanta, upgrade to overweight: recognising the value of growth".

Source: http://www.independent.co.uk/news/business/news/business-diary-not-everyone-is-a-vedanta-seller-1906671.html

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