Sugarcane stalks are unloaded for crushing at a sugar mill. (Photographer: Pankaj Nangia/Bloomberg)

Lenders Approved to Recast $1.3 Billion India Sugar Mill Debt

(Bloomberg) -- An Indian overseeing committee has approved a proposal submitted by a group of lenders, led by State Bank of India, to restructure an 82.85 billion rupees ($1.3 billion) debt of Baja...

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