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Vedanta pauses bond sale plans after Adani's bribery case: Report
short by Debaroti Adhikary / on Thursday, 21 November, 2024
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.
read more at Moneycontrol