October 27th, 2016 8:42 AM 4 COMMENTS

More problems for Telenor in India, posts Rs 3,262 crore operating loss in Q3

Norway-based Telenor Group’s India unit has reported to 4 billion Norwegian krone or Rs 3,262 crore operating loss in the third quarter, widened from NOK 373 million a year earlier, hurt by impairment charges and write-downs worth 4.1 billion Norwegian krone, the company said in a statement. The losses come at a time when the company’s future in India is uncertain as it looks for sale of operations or merger... Read More

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