Further investment in Anglo by majority shareholder of Vedanta

Vedanta head Anil Agarwal has once again hit the headlines by announcing an intended further personal investment in Anglo American through Volcan Investments, which is the majority shareholder of Vedanta Resources. Volcan announced on Wednesday that it intended investing £1.25-billion to £1.5-billion in Anglo shares, which follows its £2-billion investment in the London- and Johannesburg-listed company in March.