Banks select Vedanta’s offer of Rs 5,000-Rs 6,000 crore for Videocon

“Vedanta has emerged as a preferred bidder for the company,” an executive aware of the matter said. The Vedanta group was engaged in protracted negotiations with a State Bank of India-led group of lenders after submitting its first offer. It later bettered the bid in the last week of November, according to executives aware of … Read more