Vedanta Resources’ US dollar bonds saw a slight recovery on Thursday after a previous dip triggered by Viceroy Research’s report raising debt sustainability concerns. Despite Viceroy’s accusations of a “ponzi scheme,” JPMorgan and Bank of America countered, stating that Vedanta’s financial stress appeared limited.
Like cricket, new crop of entrepreneurs coming from small towns; focus on domestic stories and bottom-up stock ideas: Nilesh Shah
Nilesh Shah of Kotak AMC emphasizes focusing on resilient companies with reasonable valuations amidst global uncertainties. He highlights India’s strong IPO pipeline driven by entrepreneurs
August 11, 2025