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Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines......

Vedanta's Rs 2,632-crore brand fee helps VRL repay part of its debt

An increased brand fee paid by India-listed Vedanta, apart from record dividend, has helped Vedanta Resources (VRL) — the London-based holding company of Vedanta Group — to repay part......

Why Anil Agarwal-owned Vedanta group companies face high debt risk

Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with revenues of......

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. Photograph:......

Independent valuers give Rs 13,000 crore liquidation value for Reliance Capital

Independent valuers have given a liquidation value of up to Rs 13,000 crore for Reliance Capital, sources said. Photograph: PTI Photo The Reliance Capital administrator, in the Committee of......

Mandira Bedi flags off I-Day parade in New Jersey

Independence Day came early for those living in the American city of New Jersey, as Mandira Bedi flagged off the India Day Parade on Saturday at Oaktree Road,...

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