India Dealbook: IFCI sells 24% stake in TFCI; Modi Rubber exits Xerox India

India Dealbook: IFCI sells 24% stake in TFCI; Modi Rubber exits Xerox India

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While IFCI has sold 24 per cent stake in Tourism Finance Corp for $45 million, Modi Rubber Ltd exited Xerox India Ltd by selling its 7 per cent stake to Netherlands-based Xerox Investments Europe BV for around $3.8 million.

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