BALCO crisis to end with amicable deal

PUBLISHED ON: August 25, 2007

   
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Anil Agarwal may heave a sigh of relief by October this year and the saga of the BALCO stake buyout may come to an end.The case is in a mediation stage and the government and Sterlite are expected to settle out of court settlement. For Anil Agarwal it will be a cheaper deal and he will try to make full use of the opportunity. If he loses out now, the arbitrator will award the judgement, which will be binding on both parties and may not be a good deal for Sterlite.
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