The top management of the mining and metals conglomerate held meetings with several large banks across Europe and the US over the past few weeks, the two people said, requesting anonymity. Vedanta Resources, which owns 63.7% of India’s Vedanta Ltd, is staring at bond repayments of $3.1 billion coming up in 2024-25. While generous dividends from its units have helped the London-based parent meet payment obligations so far, it has depleted the cash reserves of Vedanta Ltd and other units, limiting their growth potential. Read More