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No surety on debt reduction yet
Reliance Communications’ (RCom) stock spurted 2.5 per cent after it announced a 78 per cent jump in earnings for the quarter ended March to Rs 332 crore. In addition to the results, RCom’s plans to list its international undersea cable business on the Singapore Stock Exchange, as well as stake sale of tower unit in the latter part of the current financial year, also rubbed off positively
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