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Rel Comm unit IPO has been approved by SEBI

Rel Comm unit IPO has been approved by SEBI

The market regulator has approved the proposal of Reliance Communications for an initial public offer of 10 per cent of its telecom tower unit. According to sources the IPO could raise up to $1.4 billion. “The comments have come from the SEBI,” a banking source with direct knowledge of the deal said. Taking into
account the […]

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