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Business

India's Tata Group to sell troubled telecom business to Bharti Airtel

Sell-off marks another step in Chandrasekaran's larger plan to shed Tata Group's stressed assets

A man leaves a Bharti Airtel store in New Delhi.   © Reuters

MUMBAI -- Tata Group has decided to sell its troubled consumer telecom businesses to India's largest mobile services provider Bharti Airtel for an undisclosed sum, making it the latest casualty of the fierce competition in the country's telecommunications space.

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