India's Vedanta Group in talks with banks to raise at least $500m

India's Vedanta Group in talks with banks to raise at least $500m

FILE PHOTO: A man walks past the logo of Vedanta outside its headquarters in Mumbai, India January 31, 2018. REUTERS/Danish Siddiqui

India’s Vedanta Group, promoter of metals-to-oil conglomerate Vedanta Ltd, is in talks with banks to raise at least $500 million, Bloomberg reported on Thursday.