Profit

Chinks appear in Sterlite's BALCO deal

PUBLISHED ON: May 5, 2006

  
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With the valuation of BALCO having come under fire, the latest development adding to Sterlite's woes is the outsourcing of part of the valuation exercise by SBI Caps to a management consulting firm. Sterlite's chief Anil Aggarwal's plans to buy out the government's remaining stake in BALCO is running into bigger problems every day.
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