Vedanta Pledges Stake In Hindustan Zinc To Raise Rs 10\,000 Crore

Vedanta Pledges Stake In Hindustan Zinc To Raise Rs 10,000 Crore
An employee fixes his goggles outside a ball mill at the Vedanta Ltd. Alumina Refinery in Lanjigarh district, Odisha, India, on Tuesday, June 18, 2019. (Photographer: Dhiraj Singh/Bloomberg)

Vedanta Pledges Stake In Hindustan Zinc To Raise Rs 10,000 Crore

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Vedanta Ltd. has pledged 14.8% stake in subsidiary Hindustan Zinc Ltd. to raise a long-term loan as the metals to mining conglomerate looks to replace short-term debt.The billionaire Anil Agarwal-l...