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            "There are several aspects in divesting the non-core assets by Indian corporates—such as the company wants to focus more on the profitable business and generating cash flow. Also, they may not aspire to invest in future growth of the said businesses, and using the energy and capital for the growth of other profitable businesses."

            Raja Lahiri
            Partner, Grant Thornton India LLP

            This article apeared in Live Mint on 20th May, 2016

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