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Vedanta’s credit ratings cut by Fitch

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  • Published On: August 17, 2010
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A day after Vedanta Resources announced to acquire majority stake in Cairn India, the company is battling on all fronts to ensure the deal gets through. If the government's uncertain stand on the deal was not enough, international rating agencies like S&P and Fitch downgraded Vedanta on the Cairn deal.
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