Vedanta Resources Ltd, the parent of Indian resources major Vedanta Ltd on Monday said it has trimmed its gross debt by $1 billion as the firm seeks to allay concerns over its ability to meet. | June 18, 2023
The billionaire Anil Agarwal-owned company - parent of Indian resources giant Vedanta Ltd - said it had cut net debt by $2 billion in the last 11 months, ahead of its own target.
Vedanta Resources said on Wednesday it had brought down debt significantly, seeking to allay market concerns after S&P Global Ratings last week raised doubts about its ability to meet. | February 15, 2023