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Article: INDIAN NEWSPAPER HIGHLIGHTS - APRIL 27, 2005.
- Article from:
- AsiaPulse News
- Article date:
- April 27, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, April 27 Asia Pulse - Highlights of today's newspapers:
THE ECONOMIC TIMES:
- The Essar group has made a predatory move to buy out foreign investors in the BK Modi-controlled Spice Telecom. It has approached Distacom, AIG and Darby, who directly and indirectly hold over 75 percent equity in Spice.
- Swiss cement giant Holcim, through majority-owned Ambhuja Cement India (ACIL), may have emerged as the promoter of ACC with a 34.6 percent stake, but it isn't resting easy just yet.
BUSINESS STANDARD:
- Even as the three-member committee set up by the Reliance Industries Ltd board to probe the allegations made by ...