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IL&FS acquires 49 per cent stake in state-run Chinese company 2011-12-10 07:23:01

Infrastructure Leasing and Financial Services Limited (IL&FS), the infrastructure development firm, on Friday became the first Indian company to acquire a stake in a state-owned Chinese enterprise. The landmark deal, estimated at $150 million, is seen by Indian officials as...

Keywords: Infrastructure Leasing and Financial Services Limited, India-China trade ties, ITNL International Private Limited, infrastructure development firm

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