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RCom looks for possible takeover of Capgemini Anil Ambani-led Reliance Communications is looking for a possible takeover of French IT services group Capgemini, a report in the online edition of The Times on Thursday said. When contacted by media, a Reliance Communications spokesperson declined to comment. The report said that Reliance Communications has held early-stage talks with Capgemini. Quoting sources, the report said, "Times Online can reveal the French-based group has met with Reliance Communications, the technology and telecoms arm of Anil Ambani's Reliance ADAG group in recent months." "The initial discussions failed to make progress after the parties could not agree on a price," it added. According to the report, Reliance Communication's interest confirms Ambani's hopes to build a significant IT business. "A move on Capgemini would give it access to a client base in continental Europe and catapult it among the world's top ten IT groups by market share," it said.