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RComm inks Rs 10,000-cr deal with Etisalat India

Posted on: July 22nd 2009 in Stock News.

Anil Dhirubhai Ambani Group company Reliance Communications said on Wednesday it has bagged a 10-year deal valued at Rs 10,000 crore from UAE-based Etisalat’s Indian telecom arm to manage the latter’s telecom infrastructure. Under the long-term passive infrastructure sharing …

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Buy RComm, target of Rs 350: Motilal Oswal

Posted on: June 2nd 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Reliance Communications with a target price of Rs 350 in its May 30, 2009 research report. “RCOM is seeking shareholders’ approval to raise funds through equity/equity-linked instruments which could result in potential equity dilutio…

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