India’s billionaire sells stake in his company DLF
May 25, 2007 6:14 am
DLF Ltd., an Indian real-estate developer controlled by billionaire Kushal Pal Singh, plans to sell as much as 96.3 billion rupees ($2.4 billion) of shares and will use the proceeds to buy land, repay loans and fund projects.
read rest of the story published by Bloomberg here:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFcc64UkvkLg
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