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Adani keen on BG stake in Gujarat Gas
Adani group on Thursday said that it is interested in bidding for British Gas’ stake in city gas distribution company—Gujarat Gas. “We are interested in evaluation and and we are evaluating it. We shall share more details when the time is right,” said Ameet Desai, managing director. British Gas has decided to exit from the business in which it has 65 per cent stake. Desai also

Ma says so

Jack Ma may have failed to buy back a stake in his e-commerce group Alibaba from US partner Yahoo, but he has at least found a fallback plan. Ma has offered $2.5 billion to take his Hong

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Citi's HDFC stake on block for Rs 10,200 cr
Citigroup is looking to exit Housing Development Finance Corp (HDFC) completely. The financial major has invited bids to sell its entire stake, 9.85 per cent, on Friday.

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Adani says considering buying BG stake in Gujarat Gas

India's diversified Adani group is evaluating the potential acquisition of BG Group Plc's stake in Gujarat Gas, Adani spokesman Ameet Desai said on Thursday. BG India, a unit of the British oil and

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JFE raises stake in JSW to 15 pct after rule change

JFE Steel Corp, the world's fifth-biggest steelmaker, said on Tuesday it had raised its stake in JSW Steel Ltd to 15 percent following a change in Indian share purchases rule and made it an

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Govt wants its divestment sum assured, dials LIC

The government has allowed the Life Insurance Corporation (LIC) to increase stake in public sector entities beyond the 10 per cent cap. The move will help the insurance behemoth to meet the investment

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