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Old 29-08-07   #1
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Lightbulb Parsvnath to explore telecom sector

Hey you must have noticed the news that Parsvnath is now looking for entering into the telecom industry in India. The developer has applied at DoT to get the license for all 23 telecom circles of the country and joined hands with some global telecom giant (name yet unknown).

I believe this is first of its kind move by a real estate developer in India to vertically diversify its business. Interesting.
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