Tuesday, June 18, 2019

Vedanta#39;s credit profile may weaken if Volcan draws more resources: Moody#39;s

Vedanta#39;s credit profile may weaken if Volcan draws more resources: Moody#39;s Moody#39;s Investors Service said in a report said that Vedanta Resources#39; investment in December 2018, in a structured product issued by its parent, Volcan Investments Ltd, indicates a willingness to deploy funds to its parent that, if repeated, could weaken its credit profile.

from Moneycontrol Business News http://bit.ly/2RnDlhf

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