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Investcorp eyes businesses linked to Aramco, Saudi healthcare

Reuters Bahrain-listed Investcorp aims to invest in companies that support oil giant Saudi Aramco and is also eyeing healthcare and education assets being sold in Saudi Arabia’s privatisation drive, its executive chairman said. The private equity and alternative asset firm, which has offices around the world, aims to more than double investments to $50 billion in five years by expanding ...

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In oil-thirsty India, refiners lend unlikely help to gas

Bloomberg A push to use more natural gas by the world’s fastest-growing oil guzzler is getting a boost from an unlikely source: the nation’s gasoline and diesel makers. India’s top three state-owned oil refiners are planning to use their gasoline and diesel fuel outlets to sell compressed natural gas for vehicles, increase investments in city-gas distribution projects and expand use ...

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TCS defends US visa use in anti-white worker bias case

Bloomberg As India’s Tata Consultancy Services Ltd. is squeezed by the Trump administration to reduce the use of overseas workers for US jobs, the information technology outsourcing giant is also fighting claims in court that its hiring practices are anti-American. TCS, Asia’s largest software maker, and Infosys Ltd., a rival Indian outsourcing firm, are both embroiled in civil rights lawsuits ...

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