Vedanta Resources Chairman Anil Agarwal collabs with Centricus to create a $10 bn fund

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Vedanta Resources Limited, Executive Chairman Anil Agarwal said, “He has partnered with London-based firm Centricus to create a $10 billion fund.”

In a series of tweets, Anil Agarwal said, “It will invest the funds in stake sale of public sector companies.”

“The decision comes in a support of the Budgets strong focus on disinvestment,” he tweeted.

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“Companies like Hindustan Zinc and Bharat Aluminium Company Limited (BALCO) exemplify his track record of turning around companies post disinvestment without retrenching a sine employee,” Agarwal added.

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Krishna Mali
Krishna Mali
Founder & Editor of TechGraph

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