Vedanta Resources plans to raise up to $1.5 billion through a five-year dollar bond sale, aiming to refinance existing debt and reduce borrowing costs. Managed by major banks, the issue seeks to refinance bonds due in 2027 and 2028. The bond sale is expected to open next week after investor meetings in key financial hubs.
Smallcaps cheaper but not cheap yet: Sonam Srivastava urges selective investing
Smallcap stocks have corrected sharply but are still not cheap, says Sonam Srivastava of Wright Research, urging investors to stay selective. She highlights opportunities in