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 increase in its consolidated net profit for the March quarter, driven by reduced production costs and increased volumes. The company anticipates completing its business demerger by the end of September.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,