In multiple deal news from India, NIIF may invest in HDFC Capital’s fund, while Coca Cola eyes GlaxoSmithKline consumer nutrition business. While JP Associates is looking to sell its cement business to ACC, Tata Steel is planning to increase its stake in Bhushan Steel. Also, CPPIB is in talks to invest $300 million in Mytrah Energy, Lakshmi Vilas is eyeing a $220 million equity funding and IDBI is likely to hive off its physical assets.
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