Vedanta Resources, owned by Indian billionaire Anil Agarwal, is facing concerns over debt repayments and finances, as evidenced by a slump in some of the commodity giant’s bonds. The Indian unit Vedanta Ltd’s semiconductor-making venture fell through this week, leaving the firm to build the project with no outside expertise, at a time when its commitment
Tech view: Nifty closes below 25,900, forms long bear candle. How to trade tomorrow
A technical analyst, Nagaraj Shetti, believes that the Nifty index is likely to decline further in the near future. He points to the formation of