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NRI businessman S Sivasankaran, who hit the headlines in 2005 by selling his telecom business Aircel to Maxis of Malaysia for $800 million, has acquired a Norwegian shipping firm, JB Ugland Shipping (JBUS), for Rs 1,200 crore. Mr Sivasankaran, who now heads the diversified Siva Ventures as the group chairman, confirmed the development.
Mr Sivasankaran told […]