The Vedanta Group has invested around $8 billion in its growth projects. The group will also commission the world’s largest alumina refinery at Lanjigarh. The $10 billion near-term target on earnings before interest, tax, depreciation and amortisation (Ebitda) includes $4.2 billion from aluminium, $2.7 billion from zinc and silver, and $0.9 billion from oil & gas, according to a presentation that the two people shared with ET.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to