India's Reliance Communications plans S'pore IPO for cable arm
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India's Reliance Communications plans S'pore IPO for cable arm

New Delhi : India | Jul 05, 2012 at 1:41 PM PDT
Source: Channel NewsAsia
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The underseas cable arm of Indian mobile giant Reliance Communications has filed a prospectus for an IPO in Singapore in a step that could raise $1 billion for its debt-strapped parent. Sources earlier said the company, owned by Indian billionaire Anil Ambani, hoped to raise the amount from the initial... FULL ARTICLE AT Channel NewsAsia
 
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