India Digest: SoftBank may sell renewable JV stake; News Corp, REA back Elara

India Digest: SoftBank may sell renewable JV stake; News Corp, REA back Elara

Pedestrians walk past a SoftBank Group Corp. store in Tokyo, Japan. Photographer: Tomohiro Ohsumi

Japanese behemoth SoftBank is in talks with potential investors to sell a majority stake in its Indian renewable energy joint venture, while News Corp and its Australian group firm REA have infused $70 million (Rs 500 crore) in Elara Technologies.

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