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Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator. The discussions are exploratory, following government-backed financial relief, as Vi seeks strategic investors to strengthen capital and reduce spectrum liabilities.
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The government spent 377m to keep British Steel's Scunthorpe site operating, according to a report.
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The local authority said it was a "difficult decision" but other support would still be available
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