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BSNL plans initial public offering (IPO)

01/14/2008:
BSNL, Bharat Sanchar Nigam Ltd, is a state owned telecom company in India. BSNL is pronding thoughts of an IPO at around 10% stake in the company which is valued at around $10 billion (Rs 40,000 crore) for later this year. The company is currently valued at $100 billion (Rs 400,000 crore).

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