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Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr

Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more

Cut government stake in banks below 50%: ASSOCHAM

The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.Read more

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