Vedanta seeks $1 billion in upsized share placement
Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country.
The company also said its fuel oil-fired 350-MW No.2 unit at its Date plant would halt power generation from March 24 to 30 due to repair work on the unit’s condenser. (Reporting by Osamu Tsukimori; Editing by Mark Potter)
