Indian companies with strong cash flows and credit profiles will remain resilient despite the rupee’s 5% decline against the US dollar in the last two years, according to Moody’s. Only six out of 23 rated firms may face risks, but they possess mitigating factors like government ties, natural hedges, and active debt management to offset the impact.
Vedanta to raise up to Rs 5,000 crore via debentures
Vedanta Ltd’s board has approved raising up to Rs 5,000 crore through debenture issuance on a private placement basis. The mining conglomerate reported a significant
May 30, 2025