”Ongoing delays in Vedanta Resources’ refinancing efforts and its continued reliance on dividend receipts are depleting liquidity at its operating subsidiaries,” Moody’s said.
Lalithaa Jewellery Mart’s Rs 1,700-cr IPO opens: GMP signals 15% premium. Should you subscribe?
Lalithaa Jewellery Mart has fixed the IPO price band at Rs 190–Rs 201 per share. The Rs 1,700-crore issue comprises a fresh issue of Rs