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SP upgrades Vedanta Resources just days after a downgrade

The rating agency raised its long-term issuer credit rating on Vedanta Resources from “SD,” or “selective default,” to “CCC “, indicating the company is currently vulnerable and depends on favourable conditions to meet its financial commitments.

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​ The rating agency raised its long-term issuer credit rating on Vedanta Resources from “SD,” or “selective default,” to “CCC “, indicating the company is currently vulnerable and depends on favourable conditions to meet its financial commitments. The rating agency raised its long-term issuer credit rating on Vedanta Resources from “SD,” or “selective default,” to “CCC “, indicating the company is currently vulnerable and depends on favourable conditions to meet its financial commitments.  Moneycontrol Latest News Read More  

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