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HSBC to Invest $261 mn to buy 73% stake in IL&FS
To boost its presence in the growing domestic market,HSBC is planning to acquire 73.21 percent of Indian brokerage IL&FS Investsment in an all-cash deal for $261 million. Foreign banks and companies are also getting attract by the country’s attractive fees and a booming economy and they are looking forward to open
shop in India to tap […]
