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Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used to refinance existing debt. The bond sale attracted strong interest from global investors, with orders totaling $1.45 billion, indicating confidence in Vedanta's growth and financial stability.
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New chief executive tells staff that a strike would put the embattled firm's "recovery in jeopardy".
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A postmaster portrayed in ITV's Post Office drama says many were still waiting to be paid compensation.
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News and Media
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