U.S. short-seller Viceroy Research makes scathing claims on Vedanta Group
The 87-page Viceroy Research report accused VRL of draining VEDL, forcing it to take on more debt and deplete its cash reserves, impaired creditors’ ability to recover their principal, a situation that resembled a ‘Ponzi scheme’
The 87-page Viceroy Research report accused VRL of draining VEDL, forcing it to take on more debt and deplete its cash reserves, impaired creditors’ ability to recover their principal, a situation that resembled a ‘Ponzi scheme’
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