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INDIA BUSINESS WORLD - September 1st - September 30th - 2008


TUSCAN VENTURES BUYS 40% STAKE IN SINGAPORE FIRM

Mumbai-based logistics company Tuscan Ventures has said that it has picked up a 40% stake in Singapore-based Rasmussen & Simonsen International (RSI) for an undisclosed sum. The investment will allow RSI to fund its global expansion plans, said Tuscan MD Vishal Sharma.

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