India Digest: Reliance Jio eyes Haptik; KKR to divest HDFC stake; PFC buys REC 

Photo: Mint

In the M&A space, Reliance Jio Digital Services Pvt is close to buying a majority stake in artificial intelligence-based conversational platform Haptik while KKR is set to divest its existing shares in Housing Development Finance Corp (HDFC). In another development, Power Finance Corporation (PFC) announced that it has completed the buyout of Rural Electrification Corporation (REC).

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