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A Vedanta affiliate company and US-based Eight Capital are among a group of 11 bidders who have submitted binding offers for Videocon Industries that are undergoing insolvency proceedings at the national company law tribunal (NCLT), according to people aware of the matter.
Delhi-based television sets manufacturer Dixon Technologies is also amongst the bidders, according to these people.
The bids were disclosed at a bankers meeting on Wednesday. https://telecom.economictimes.indiatimes.com
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