State-owned Telco BSNL Plans India’s Largest IPO To Raise $10 Billion

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State-owned Telco BSNL Plans India’s Largest IPO To Raise $10 Billion

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State-owned Telco BSNL Plans India’s Largest IPO To Raise $10 Billion

Published by kidmercuryblog
01-15-2008

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State-owned Telco BSNL Plans India’s Largest IPO To Raise $10 Billion

India’s largest IPO is coming. The state-owned telecommunications firm BSNL plans to raise about Rs 40000 crore (over $10 billion) by diluting some 10 per cent stake to the public. BSNL finance director SK Saxena has been quoted as ...

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