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R-Infratel eyes $1-bn from PE firms; may sell 10-15 pc stake

Posted on: June 12th 2009 in Stock News.

NEW DELHI: Anil Ambani group firm Reliance Infratel is looking to raise about Rs 5,000 crore (close to one billion dollars) through sale of shares, for which it is in talks with a number of private equity firms. Reliance Infratel, a subsidiary of the group’s telecom arm RCOM, is lo…

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