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Anil Agarwal’s Vedanta cuts debt by $2 billion amid funding woes

Anil Agarwal’s Vedanta cuts debt by $2 billion amid funding woes Vedanta Resources Ltd. has achieved half of its three-year planned reduction commitment of $4 billion in the first year, the London-based company said in an exchange filing. It will continue to deleverage from net debt of $7.7 billion in the next two financial years, it said.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/anil-agarwal’s-vedanta-cuts-debt-by-362-billion-amid-funding-woes_16882631.html
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