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The Burmans recently announced their intentions to acquire a majority stake in Religare through an open offer. Current management seems to be in no mood to let go of control. With multiple regulatory clearances due, the takeover could be a long drawn affair. Amid all this, Ventura Securities report pegging the share price target at INR471, has ruffled feathers.

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,Religare Enterprises Limited ,Dabur India ,Religare ,Burman ,Dabur ,Burman Fin Service ,Dr Rashmi Saluja ,

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