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Wednesday, March 21, 2007


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News Update as at 18.00 hrs (IST)

Banking & Finance
Malaysian Govt arm buys 9 per cent stake in IDFC

MUMBAI: Khazanah Nasional Berhad has acquired 8.97 per cent stake in Infrastructure Development Finance Co. Ltd, data on the Bombay Stock Exchange Web site showed. Khazanah is an investment holding arm of Malaysian government. Swiss Finance Corp. had sol d 8.9 per cent in IDFC on March 12.

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