The deals space in India continues to heat up with companies either upping their stake in existing investments or planning new investments. Telephonics Corporation is increasing its stake in Mahindra Telephonics, which is a joint venture between Mahindra Defense Systems and Telephonics, while Quintillion Media has invested $0.6 million (Rs4 crore) in YouthKiAwaaz, an online news and views platform. Meanwhile, PVR Ltd approves its amalgamation with Bijli Holdings.
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