Telco To Lower Stake In Mercedes Benz India To 24%

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Telco Ltd, an automobile company controlled by the Tatas, is set to reduce its stake in its joint venture with the German automobile manufacturer Daimler Benz AG and its subsidiary Mercedes Benz from 49 per cent to 24 per cent. The joint venture company
First Published: Jun 02 1997 | 12:00 AM IST