As India approaches its 60th year of independence on Aug. 15, the world marvels at the country's rapid economic ascendancy. The emergence of India's globally ambitious business outsourcing companies such as Infosys (INFY) and Wipro (WIT) and high-profile cross-border mergers such as Tata Steel's $11.3 billion deal to buy British steelmaker Corus continue to make the country a fascinating business story.
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