Vedanta group maintains cost guidance, pushes capital expenditure pedal

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Vedanta group maintains cost guidance, pushes capital expenditure pedal - Business Standard

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In addition to the capital expenditure (capex) spree, company executives, in media interactions and with analysts, expressed confidence in meeting cost guidance and controlling debt.

Anil Agarwal, chairman of Vedanta group, informed shareholders on Sunday that the group would be doubling capacities in its three main businesses — zinc, aluminium, and oil and gas — in the near future.