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An entity linked to Vedanta Resources is in talks with bulge-bracket global banks to garner up to $2 billion in bridge loans to finance bond redemptions and debt repayments due for the conglomerate’s holding company and its associates over the next few months, multiple industry sources told ET.
India needs to unleash the animal spirits of the private sector and remain fiscally prudent while speeding up growth further to leverage the unique demographic dividend it enjoys, top industry executives and government officials said.
As many as seven countries will sign up with India to use India Stack’s digital public goods, minister of state for electronics and information technology Rajeev Chandrasekhar told ET.
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