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Tata Teleservices (Maharashtra) (TTML) has informed that Credit rating agency CRISIL has assigned its ‘A/ Stable/ P1’ ratings to the bank facilities of the company in respect of long-term loan of Rs 150 crore & short term loan of Rs 50 crore respectively. The ratings reflect the strategic importance of TTML to the Tata group’s [...]
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Japan’s biggest mobile phone operator, NTT DOCOMO, which bought a 26 per cent stake in Tata Teleservices for Rs 13,070 crore (Rs 130.7 billion) a year ago, has an agreement with Tata Sons to sell the stake if the company does not meet certain performance parameters by March 31, 2014. In its annual report for [...]
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