Vedanta Resources’ top management told bondholders at the annual investor call earlier this week that in the first quarter, Vedanta paid a higher royalty fee of 3% against 2% (paid last year) of annual revenue to its parent Vedanta Resources, said people attending the call.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20