Vedanta taps JPMorgan for advice on its business overhaul


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Vedanta Group, led by billionaire Anil Agarwal, has roped in JPMorgan Chase & Co. to advise on its business restructuring announced in September, Bloomberg reported. This partnership signals progress in Vedanta's efforts to streamline its intricate financial structure, and secure funds to repay approximately $3 billion in dollar bonds due within the next two years.