Profit

Tata-Quippo plans to riase Rs 5000 cr through IPO

PUBLISHED ON: August 26, 2010 | Duration: 2 min, 01 sec

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Viom Networks Ltd, a joint venture between Quippo and Tata Teleservices, is looking to raise Rs 5000 crore through a public issue to fund expansion plans. The company has around 37,000 towers and had raised around Rs 1400 crore through stake sale.
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