The billionaire's personal holding company, Vedanta Resources, has amassed about $7 billion of debt and faces a far less receptive bond market than it did in early 2020.
Vedanta's Tuticorin plant stopped operations for maintenance in March 2018 & later extended shutdown due to mounting opposition from villagers against it.
These companies took part in the first pre-application conference for running private trains Tuesday. The Modi government has moved to privatise 151 trains.
India intends to suspend new bankruptcy filings for a year while it cushions companies from fallout of Covid & lockdown further imperils sale of Air India.
Anil Agarwal & his family own 50.1% of Vedanta, whose shares have fallen more than 40% this year, giving the company a market value of about $4.4 billion.
One has to be incredibly credulous to buy BJP spin masters’ argument that the government got rid of Vice President Jagdeep Dhankhar for harmonious relationship with the judiciary.
Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
Another leftist doing of shutdown. Wherever leftists go industry loses. Except in China. Since they are in power every thing is fine .
Good bye from Tamilnadu. This is a lesson to anyone who take advantage of us, pollute our place and get away with Delhi’s support.