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The Anil Agarwal-controlled Bharat Aluminium Co (Balco) has raised a syndicated six-year terra loan ofRs7000M(US$152M) for funding its capacity expansion at Korba. The loan has been raised at 6.65% interest.
Balco, which is a 51% subsidiary of Sterlite Industries, has announced an investment of $800M (approximately Rs 36...