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Sesa Goa tanks over 10% on merger plan; Sterlite down 1%

IT budgets at most corporates are likely to be marginally lower, but that there haven't been any cancellations. .

Source: Reuters
Source: Reuters
Shares of Sesa Goa and Sterlite Industries tumbled by up to 9 per cent in early trade Monday, after announcement of merger of the two companies by the parent Vedanta group. (Read: 10 quick facts on Sterlite-Sesa Goa merger)
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