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Rollover

A tax-free movement of funds from one tax-qualified plan to another or to an IRA. The requirements for a rollover depend on the type of program from which the distribution is made and the type of program receiving the distribution.

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Vedanta unit seeks rollover of USD 1.25 bn loan from Cairn

01-05-2016| Source:PTI

Vedanta Group firm THL Zinc Ltd has sought a rollover of a controversial USD 1.25 billion loan taken from the conglomerate's cash-rich oil explorer Cairn India in July 2014.

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