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Telenor moves Delhi court against Unitech

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Norwegian telecom firm Telenor has approached the Delhi HC seeking a freeze on its joint venture partner Unitech’s assets in India. According to sources, Telenor had sought a claim of Rs 6,135 crore on the grounds that Unitech refused to fund the joint venture.

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Nippon Steel, Sumitomo Metal to formally merge tomorrow

Japan's two major steelmakers Nippon Steel and Sumitomo Metal Industries are set to formally merge tomorrow, forming the world's second largest steel ...

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