Should India be able to decouple itself from US Subprime Impact?

Monday, October 8, 2007

FIIs take 49% of GHC for Rs 560 cr

NEW DELHI: A clutch of foreign investors, including Singapore's SC Bank private equity fund, Mauritius’s Technology Infrastructure, Park Holding Finance Corporation from Virgin Islands and others, have picked up a 49% stake in Global Assets Holding Corporation (GHC), the holding company of leading network services company GTL Ltd and telecom tower player GTL Infrastructure Ltd, for Rs 560 crore.

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