
CRISIL Upgrades Vedanta Group Companies' Ratings
CRISIL has upgraded the ratings of Vedanta Group companies, including its flagship firm, reflecting an improved financial position following a demerged structure.
3 stories found

CRISIL has upgraded the ratings of Vedanta Group companies, including its flagship firm, reflecting an improved financial position following a demerged structure.
The Enforcement Directorate (ED) has conducted raids in Maharashtra and Gujarat, cracking down on an aide of Dawood Ibrahim. Additionally, the ED carried out searches against the Vedanta Group in connection with a FEMA (Foreign Exchange Management Act) case.

An FIR has been filed against Vedanta Group chairman Anil Agarwal following a boiler explosion at a plant in Chhattisgarh that killed 20 people. Investigations suggest the blast was caused by ignored warnings, fuel build-up, and negligence.