Vedanta pauses bond sale plans after Adani's bribery case: Report
Billionaire Anil Agarwal-led Vedanta Resources has delayed its plans for a sale of dollar bonds amid market volatility after Gautam Adani was named in a $250-million bribery case, Bloomberg reported on Thursday. Notably, Adani Group units scrapped a $600-million dollar bond offering on Thursday after the indictment. Sensex dropped over 500 points on Thursday.