Vedanta Limited’s shares have captured significant attention in the stock market after ICRA, one of India’s leading credit rating agencies, upgraded its long-term credit rating from AA- to AA. The upgrade reflects an anticipated improvement in Vedanta’s credit profile and financial stability, fueled by aggressive fundraising and strategic deleveraging efforts. Following the upgrade, Vedanta shares […]
Vedanta Limited has quashed media reports that the company is in preliminary talks with prospective advisors regarding the idea of merging the company with Vedanta Resources Limited. The mining company said that it strongly denies the reports as both speculative and misleading to its investors. Vedanta Limited stated: “No such proposal is under consideration, and […]
