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India: A billion aspirations

Perspectives on South Asian politics

Reliance aims big with $12 bln bid for LyondellBasell
November 23, 2009

The move by conglomerate Reliance Industries, controlled by Ambani, to bid for bankrupt LyondellBasell is a calculated one. Markets seem to think this is a bargain and investors pushed up Reliance's stock nearly 4 percent on Monday. Full Post

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