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In the domestic oil &
gas business, the Group has interests in exploration,
prospecting and an intention to get into gas distribution.
Beyond borders, Videocon is displaying considerable
entrepreneurial flair by becoming active in bagging
exploration and production in countries like Oman,
Australia and the Timor Sea near Indonesia.
This gives the Group hegemonic status in those
countries along with the possibility of earning
extraordinary profits. It is this combination
of acumen and dash that impressed Thomson SA enough
to buy a significant stake in Videocon Industries
Ltd.
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