Fairval

Notes on Indian equities, sectors and economy

Some more pessimism..

Posted by fairval on October 27, 2008

Now why would Vedanta delay payments? Outside of Reliance, Anil Agrawal’s Vendanta is perhaps India’s most cash rich group. A transport was saying Vendanta is delaying payments in its Orissa operations. When the likes of Vedanta do so, u realise how bad the liquidity situation is..

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One Response to “Some more pessimism..”

  1. Anonymous said

    ALong with vedanta other indian corp also seem to be in similar trouble like tatas facing liquidity problems for its jaguar acquisition etc etc.

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