Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier - Business Standard

Fund to be raised via 10yr bonds another Rs 2K cr to come via 18month papers

At a time when higher US interest rates have made it expensive for Indian firms to tap foreign bond markets, mining major Vedanta Limited is likely to have struck a direct transaction with Life Insur… [+4063 chars]

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