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.
Defence, Power themes attract interest, but challenges persist: Anand Tandon
Equity markets have seen a rapid recovery, surprising many investors. Despite this rebound, concerns about high valuations and unresolved geopolitical tensions persist. Experts advise caution