Vedanta receives approval to raise up to Rs 8,500 crore.
The significant mining company Vedanta (VEDL), a division of Vedanta Resources (VRL), with its headquarters in London, intends to raise Rs 8,500 crore through a variety of channels, such as rights issues in one or more tranches and public offers. In a stock exchange report, Vedanta stated that the Anil Agarwal-led company has also recommended…