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FUJITSU JAPAN SET TO RAISE STAKE IN INDIAN TELCO UNIT TO 59PCT.

AsiaPulse News

| December 03, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Dec 3 Asia Pulse - The Indian Government has approved Fujitsu Japan's proposal to raise its stake in Fujitsu Telecom India (FITEL) to 59.83 per cent, from the current 51 per cent.

In its application to the Foreign Investment Promotion Board (FIPB), Fujitsu Japan sought clearance to acquire 52,99,930 shares of ...

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Source: HighBeam Research, FUJITSU JAPAN SET TO RAISE STAKE IN INDIAN TELCO UNIT TO 59PCT.

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