General Electric Co is acquiring majority stake in Baroda based automation systems and flow metering solutions provider - Advanced Systek Private Limited. Financial details of the transaction were not disclosed.
Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.
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