Crunch Time for Vedanta as Debt Repayments Loom

Vedanta Ltd promoter Anil Agarwal may be looking to sell a stake in the company to raise cash for meeting repayments due next month. Automaker Mahindra & Mahindra is planning to raise over a billion dollars for its electric vehicle subsidiary while the Shapoorji Pallonji Group is considering a restructuring of its holding company which would place Shapoor and his son. And finally, the winds of change are blowing at Ceat, where Anant Goenka stepped down as CEO and will take on the role of vice chairman.