India Digest: KPIT Tech, Arvind Ltd, Lemon Tree fundraise; Zee drops plan to acquire Reliance's broadcasting biz

India Digest: KPIT Tech, Arvind Ltd, Lemon Tree fundraise; Zee drops plan to acquire Reliance's broadcasting biz

KPIT Technologies, Arvind Ltd and Lemon Tree Hotels are raising funding while Zee Entertainment Enterprises has dropped its plan to acquire the broadcasting business of Anil Ambani-owned Reliance Broadcast Networks.

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