All capital expenditure, development costs since the beginning of the year until the closure of the deal will also be payable by the consortium
1 min read14 Apr 201466% voted against capping salaries of top executives at 12 times that of a firm's lowest wage
2 min read24 Nov 2013During the first half of the year, Glencore Xstrata posted a net loss of $8.9 billion
3 min read20 Aug 2013Banks and Glencore accused of racketeering and conspiring with LME hoarding aluminium in warehouses
1 min read7 Aug 2013FTSE 100 gains 1.4%; StanChart leads up banks, Xstrata helps miners
2 min read5 Mar 2013Glencore says it will not be possible to complete the deal by 15 March and also did not give a new date
1 min read1 Mar 2013The proposed $33 billion takeover brings the firm closer to becoming a mining and trading powerhouse
1 min read22 Nov 2012Glencore said 99.4% of voting shareholders supported the deal
3 min read20 Nov 2012Xstrata says Glencore is proposing to offer 3.05 new shares for every Xstrata share, up from 2.8
2 min read7 Sep 2012The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared