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Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISIL
CRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial risk profiles for the demerged entities. Hindustan Zinc Ltd continues to be fully consolidated with Vedanta due to strong integration. Vedanta's financial risk profile has improved significantly after the demerger. Ongoing exploration programs are expected to support production sustainability and reserve replacement.
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economictimes.indiatimes.com
Each of Vedanta’s five demerged entities can become worth $100 bn: Anil Agarwal
Vedanta's chairman sees five demerged entities reaching $100 billion valuations. The company plans significant production increases across aluminium, oil, and steel. Expansion…
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Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISIL
CRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial risk profiles for the demerged entities.…
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Crisil Ratings upgrades long-term ratings of Vedanta group companies
Crisil Ratings has upgraded Vedanta group companies' long-term ratings to AA+ and assigned a stable outlook. This upgrade reflects the strong financial profile and improved…
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thehindubusinessline.com
Crisil upgrades long-term ratings of Vedanta group companies
Crisil Ratings has upgraded the long-term ratings of Vedanta group companies to AA+ while assigning a 'stable' outlook.
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hindustantimes.com
CRISIL upgrades Vedanta Group companies, lifts flagship firm's rating to highest level in over a decade
The latest action reflects CRISIL's assessment of the group's stronger financial position following the demerged structure. | India News