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India Inc’s overseas natural resources hunt flounders 

BY  Sneha Shah
Outbound M&A deals in energy space shrink as there’s little clarity on how soon firms will see the valuation rationalise to justify a deal.

The resource flow for M&A bankers seems to have shrunk to a trickle as Indian companies shelve their overseas hunt for natural assets in a tough economic environment.

For the last two years, any investment bank worth its...

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