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Why Anil Agarwal-owned Vedanta group companies face high debt risk

Borrowings to pay record dividends to shareholders, including to the London-based holding company, have touched new highs

Vedanta
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The rising debt of operating companies coupled with falling cash comes at a time when metal markets are shaky due to falling demand from China -- the biggest consumer of zinc, aluminium, and copper

Dev Chatterjee Mumbai
Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with

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First Published: May 29 2023 | 5:10 PM IST

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