Showing the Way
Navin Agarwal spearheaded the consolidation, debt reduction and capacity expansions plans of Vedanta group companies. He has more on his plate.
About a decade ago, London listed Vedanta Resources first tried to simplify its corporate structure. But barely two weeks after announcing what it called a mega restructuring plan, the metals and mining giant had scrapped the proposal as the swap ratio fixed for the merger and demerger of businesses was not favourable for investors. Promoter Anil Agarwal didn't give up the consolidation plans and also continued with his aggressive acquisitions in the Indian market in iron ore and oil & gas. Around this time, younger brother Navin Agarwal, who had played second fiddle for long, emerged from
