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Vedanta Shares Decline 4.5% as Viceroy Research Alleges Parent’s Debt Structure ‘Resembles a Ponzi Scheme’
Introduction: A Major Jolt in the Indian Stock Market The Indian equity market witnessed a sharp correction on July 9, 2025, as Vedanta shares decline 4.5% as Viceroy Research released a damning report. The short-selling firm targeted Vedanta Resources, the parent company of Vedanta Ltd, accusing it of operating a financially unsustainable and structurally compromised […]