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IDFC equity fund to invest Rs 2.5bn in Adhunik’s power arm

Posted on: December 23rd 2009 in Stock News.

Adhunik Metaliks seems to be on a roll, on Dec 7 ’09, received approval for diversion of forest land in Orissa for mining of iron ore from its captive mine. Today, Adhunik Metaliks announced signing of definitive agreements with India Infrastructure Fund (IIF), managed by IDFC Proj…

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