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R-ADAG, Universal in talks for $1.5-bn theme park
The Reliance-Anil Dhirubhai Ambani Group (R-ADAG) is close to a deal with Universal Studios of the US to build a $1.5-billion, 400-acre theme park and resort. The company is scouting for locations at Mumbai and Delhi.
Reliance Big Entertainment and Universal, a unit of General Electric’s NBC Universal, could reach a deal this year. The talks, according to sources, have been on for over three
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