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Unitech’s Q1 profits are hit by the losses in the telecom business

Unitech’s Q1 profits are hit by the losses in the telecom business
The telecom business of the Realty firm Unitech has resulted in huge losses and the consolidated balance sheet of the company is appearing red. Unitech had partnered with Telenor Group which is a Norwegian multinational telecommunications company. They had launched telecom services under the brand name of Uninor which never could capture the market share. Realty [...] Continue Reading »



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