VRL, headquartered in London, aims to borrow the money through its Zinc International unit. Following delays in securing funds from Farallon Capital Management, VRL has resumed discussions with banks to explore alternative financing options.
Singtel likely to sell stake worth Rs 8,500 crore in Bharti Airtel via block deal: Report
Singtel plans to offload nearly 5 crore Bharti Airtel shares via block deals worth ₹8,500 crore at a 3.6% discount. Bharti Airtel recently reported a