After Vodafone, Telenor Wants 100% Owned Indian Venture
Norwegian telecom multinational Telenor is looking for total control in its Indian venture as the company has applied to Foreign Investment Promotion Board of India for raising its stake to 100% in Uninor. Uninor, the Indian venture of Telenor is now currently owned by Telenor and Lakshadweep Investments (owned by Sun Pharmaceutical’s Executive Director Sudhir Valia) in 74:26 proposition. Telenor will invest Rs 780 crore to acquire 26% owned by... Read More
