The Tail Wags the Dog Redux
Last evening, the National Stock Exchange of India (NSE) published a list of nine stocks that would be excluded from the Futures and Options...
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Vedanta Resources: ZINCronized Deleveraging
Executive summary Vedanta Resources PLC (VED LN) (Vedanta) FY18 results, ended 31 March 2018, were within our expectation. EBITDA contribution...
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Vedanta Buoyed by Surging Commodity Prices and Improved Output but What Is Agarwal's Vision?
With Vedanta Resources plc (VRplc) (VED LN) gross debt reaching record levels of USD18.2bn at FYE March 2017, and following some mediocre Q1 FYE...
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Cairn Merger - There Is No Quick Fix for Pressure on Vedanta's Credit Ratings
Vedanta Group's proposal to merge Cairn India with its Indian subsidiary company Vedanta Ltd. (VedI) goes to the shareholders vote at Cairn on...
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