Alok Industries fundraise: Alok Industries raises Rs 7000 cr from RIL, two banks
Alok Industries has raised Rs 7,000 crore from parent Reliance Industries and two lenders – Axis Bank and State Bank of India, according to various disclosures by the company and people with knowledge of the matter. The textile manufacturer raised Rs 3700 crore in the form of term loans and working capital loans from banks, … Read more