Hindalco Industries plans to raise about Rs75bn of debt under the project finance route to achieve financial closure for Mahan Aluminium, its new factory project. (BS)
Standard Chartered Plc has raised around Rs3.7bn by roping in six anchor investors for its Indian Depository Receipt (IDR) issue. (BS)
Bharti Airtel raised Rs88bn from a six-year syndicated loan to pay for third-generation (3G) spectrum. (BS)
Bajaj Auto will continue to pursue its broad plans with the Austrian bike manufacturer KTM Power Sports AG, including a gradual increase of its stake in the performance bike making company. (BS)
BHEL has signed a memorandum of understanding with National Oil Well Varco, a US-based oil and gas drilling equipment firm, to build 35 AC (alternating current) deep land drilling rigs in phases. (BS)
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