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$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business

NCLAT allows Vedanta to make upfront payment of Rs 5,320 cr for...

Electrosteel owes lenders more than Rs 13,000 crore, of which about Rs 5,000 crore is to State Bank of India alone.

30 May 2018 2:58 PM IST