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RAPAPORT... India's Vaibhav Global Ltd. informed the Bombay Stock Exchange (BSE) that it had repaid a $1.5 million (INR 90.414 million) working capital term loan, plus interest, to a consortium of bankers. Vaibhav Global, which was formerly known as Vaibhav Gems, operates electronic retail channels and a traditional business-to-business wholesale distribution network through STS Jewels. The company manufactures and distributes a range of gemstone jewelry, timepieces and fashion accessories.
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