Profit

Merging subsidiaries a best option for Vedanta: Rakesh Arora

PUBLISHED ON: February 24, 2012 | Duration: 6 min, 38 sec

facebooktwitteremailkoo
loading..
Rakesh Arora, MD & Head of Research at Macquarie Capital Securities (India) told NDTV Profit that the re-structuring for debt servicing of global mining major Vedanta Resources PLC is essential. "Expect markets to be positively surprised by Vedanta re-structuring and the re-structuring is likely to be in interest of minority shareholders," he said adding that the best option for the company would be to merge most subsidiaries together.
ALSO WATCH
No New Mining In Aravallis In Delhi, 3 States Till Further Orders: Supreme Court

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com