13 people were killed in Tuticorin in Tamil Nadu after police opened fire on protesters demanding closure of a big copper smelter run by London-listed Vedanta. UK's shadow chancellor said "the massacre meant Vedanta should be delisted from London Stock Exchange". Experts blamed state-corporate nexus and urged shareholders to hold companies accountable for violating local environmental laws.
Vedanta has been accused of dumping copper slag in a river, causing air pollution, contaminating groundwater and a risk to fisheries. Shares for the company dropped by 11 percent after news of the incident. The state government has ordered permanent closure of the plant following the protests.
Protest happened in Tuticorin in Tamil Nadu:
