DLF is buying out the stake held by Dubai World's property arm in an equal joint venture in India for about 2 billion rupees ($43 million), the Economic Times reported on Monday.A unit of DLF will buy the stake owned by Limitless Group, which is a part of Dubai World, in Bidadi Knowledge City in southern Karnataka state, the newspaper said, citing a person with direct knowledge of the transaction.Officials at DLF and Dubai World could not immediately be reached by Reuters for comment.(Writing by Sumeet Chatterjee; Editing by Ranjit Gangadharan)(For more business news on Reuters India click http://in.reuters.com)News posted by www.newsinfoline.com
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