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- Reliance Industries Ltd., owner of the world’s largest refinery, raised $1 billion in loans from banks.
- Motorcycle PTC India Ltd., the nation’s largest power trader, is in talks with investors including Hong Kong- based SAIF Partners Ltd. on selling a stake in unit PTC India Financial Services Ltd.
- Pipavav Shipyard Ltd the Golden Ocean Group Ltd along with its two associate companies has withdrawn the arbitration proceedings against the company.
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