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Published on 10/28/2015 in the Prospect News Emerging Markets Daily.

India’s Infotel plans up to Rs. 30 billion nonconvertible debentures

By Tali Rackner

Norfolk, Va., Oct. 28 – Infotel Broadband Services Ltd. informed the Bombay Stock Exchange that it is proposing to issue up to Rs. 30 billion of secured redeemable nonconvertible debentures on a private placement basis.

The telecommunications company was acquired in 2010 by Mumbai-based Reliance Industries Ltd.


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