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IOC is awaiting the go-ahead from the Department of Investment and Public Asset Management (DIPAM), which is the administrative platform for controlling government assets. The deal marked a rare acquisition by a public sector company through the insolvency process. ....
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Indian shares opened on a positive note Monday as another set of weak U.S. economic data added to investor optimism that the Fed is done hiking interest rates. The benchmark S&P BSE Sensex was up 363 points, or 0. ....