Telenor gets nod to up stake in Unitech to 74%

The government on Monday approved Norwegian telecom firm Telenor`s proposal to raise stake in its Indian joint venture Unitech Wireless to 74 percent, the maximum permitted in the sector.

FIPB clears Telenor`s proposal to up stake in Unitech Wireless

FIPB is believed to have cleared the proposal of Norwegian telecom firm Telenor to hike its stake in its Indian telecom joint venture Unitech Wireless, putting an end to a two-month long wait by the telco.