menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Debt Reduc...
source image

Bloomberg Quint

3d

read

252

img
dot

Image Credit: Bloomberg Quint

Debt Reduced, Business Robust: Vedanta Resources CEO Dismisses Viceroy Research's Charge

  • Vedanta Resources CEO, Deshnee Naidoo, dismissed the Viceroy Research report, stating it contains information already disclosed.
  • Vedanta has actively reduced its debt over the past three years and refuted the claims made in the report, denouncing it as selective misinformation.
  • Naidoo highlighted Vedanta's strategic focus on demerger, diversification, and deleveraging for long-term value creation, with plans for significant capital expenditure.
  • Vedanta has been declared the preferred bidder for five composite mineral blocks, maintains a stable workforce, and has minimal revenue exposure to the US.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app