US short-seller Viceroy Analysis has criticized Vedanta’s annual basic assembly, calling the train a ‘stage-managed’ occasion that neither inspired questions from traders, nor meaningfully answered them. However proxy advisor InGovern, mentioned a construction like Vedanta Group’s, the place holding firms use money flows from subsidiaries, is each legit and customary. Vedanta held its AGM final…
Vedanta will proceed to have some debt because it charts on an enlargement plan, firm chairman Anil Agarwal mentioned Friday. Talking to ET in New Delhi, Agarwal mentioned the deliberate $20 billion capital expenditure will likely be funded by way of a mixture of fairness partnerships, inner accruals, and debt. Earlier within the day, Vedanta…
Founder and chairman of Vedanta Group, billionaire Anil Agarwal usually shares glimpses of his life, together with when he struggled to make a reputation for himself. In his newest put up on X, he recalled how he bought his first home in Mumbai, including that when he considered shopping for a flat, he solely had…
