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Searched Tag: vedanta group
Revised Jaypee bid tops Adani offer: Vedanta tells SC

Revised Jaypee bid tops Adani offer: Vedanta tells SC

March 31, 2026, 07:17 PM - 4 min read

Challenging lenders’ decision to back Adani’s takeover proposal, Vedanta argued that its revised (addendum) bid was around ₹3,400 crore higher in gross value and about ₹500 crore more in net present value than Adani’s offer.

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Anil Agarwal, founder and chairman of Vedanta Resources Limited

Vedanta Group a ‘parasite’, says US short seller

July 9, 2025, 07:43 PM - 8 min read

Mining giant Vedanta Limited’s UK-based parent group, Vedanta Resources, has been called “a house of cards built on a foundation of unsustainable debt” by US short seller Viceroy Research, who claimed the company has depleted its cash reserves and exhausted its ability to borrow money and ‘liquidate’ working capital items

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