US-based firm Viceroy Research has taken a “short position” against the debt of Vedanta Resources, the UK-based parent of Indian mining company Vedanta Limited. It has alleged that the UK-headquartered firm is “systematically draining” its Indian unit. This charge has been dismissed by the group as a malicious combination of misinformation and baseless allegations. We distil the 87-page report.
Vedanta, Viceroy, ‘Violations’: U.S. short-seller’s 87-page report on Anil Agarwal business
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