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Shares of Vedanta Ltd. fell as much as 7.8% in Mumbai after Viceroy Research said it was shorting the debt held by parent ...
The report described VRL as a "financial zombie" dependent on cash extracted from its Indian subsidiary to service its debt.
By Vivek Kumar M and Sethuraman N R (Reuters) -U.S.-based Viceroy Research has taken a short position against the debt of ...
Selective misinformation and baseless allegations; timing could be to undermine forthcoming corporate initiatives, says ...
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Viceroy Research accuses Vedanta Group of financial mismanagement, draining VEDL, prompting denial from Vedanta.
The US short-seller accused Vedanta of inflating profits and asset values by systematically capitalising regular operating ...
At the time of reporting, shares of Vedanta were trading 3.45% lower at ₹440.55, with a market capitalisation of ₹1.72 lakh ...
Fraser Perring, co-founder of short-seller Viceroy Research that has levelled a series of allegations against the Anil Ambani-led conglomerate, said “there is more to come”.
Shares of Vedanta dropped after a report by short seller Viceroy Research took aim at the Indian mining-to-oil conglomerate's parent company. In the report published Wednesday, Viceroy said it is ...
US short-seller Viceroy Research has released a scathing 87-page report accusing Vedanta Ltd's parent, Vedanta Resources (VRL ...
Short seller raises questions over group’s structure and debt practices; Vedanta calls report ‘malicious and baseless’.