India Business News: Mining conglomerate Vedanta Resources Ltd, owned by billionaire Anil Agarwal, is seeking to restructure $3 billion worth of bonds due in 2024 and 2025
Simplifying corporate structure, creating value for shareholders, improving efficiency the reasons given by Vedanta for its demerger sound suspiciously similar to the ones it trotted out when it merged its businesses a decade back.
Vedanta demerger positive only if it finds credible investors to cut debt thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.