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Vedanta seeks $1.4 bn loan after biz split

Partially corroborated51

A unit of India’s Vedanta Group is raising about Rs 135 billion ($1.4 billion) from at least three banks, the first large local-currency loan since the conglomerate controlled by billionaire Anil Agarwal was split into separate firms, according to people familiar with the matter.Axis Bank Ltd. ha...

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