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India's defence acquisition council has approved the start of a process to acquire arms and military equipment worth 1.05 trillion rupees ($12.31 billion), the defence ministry said on Thursday. The ...

MUMBAI (Reuters) -Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a ...

U.S. private equity firm Carlyle Group is preparing to offload up to a 10% stake in India's Piramal Pharma through block ...