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With its demerger, Vedanta is going for broke

But it’s too early to say if the restructuring will make it any easier for the conglomerate to solve its debt problem ....

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Vedanta to spin off; will demerge aluminium, oil and gas, power, steel into separate firms

Vedanta, the Indian unit of UK-based Vedanta Resources, is currently valued at Rs 823.83 billion ($9.92 billion), having lost about a third of its market capital so far this year. ....

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