India Digest: Cochin Shipyard IPO; CCI approves Reliance Infratel sale; NTT to fully buy Netmagic

India Digest: Cochin Shipyard IPO; CCI approves Reliance Infratel sale; NTT to fully buy Netmagic

Visual from Cochin Shipyard website

Cochin Shipyard Ltd plans to raise nearly $220 million from IPO, while CCI has approved the proposed sale of Reliance Infratel to Canada-based Brookfield Infrastructure Group. Japan’s NTT Communications Corporation has got approval to increase its stake in data centre company Netmagic Solutions to 100 per cent.

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