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.
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts
July 2, 2026