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Viceroy Hotels to raise Rs 70cr via QIP
Viceroy Hotels Limited, a city-based hospitality player, is planning to raise an amount of up to $15 million (approximately Rs 70 crore) through a qualified institutional placement (QIP) of equity shares not exceeding 10 million of Rs 10 each at a premium.
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Tata Comm launches mobile video telephony service

Telecom service provider Tata Communications today said it has launched its new mobile video telephony service for mobile operators and international carrier customers. - Indian firms re-route Net traffic after Taiwanese earthquake - Tata Communications completes intra-Asia undersea cabling - Govt to examine proposals to hive off VSNL surplus land - Tata Comm earmarks Rs 10,000 cr capex - Tata Communications Q1 net dips 68% at Rs 31cr - Tata Comm, F-Secure to offer mobile security services This would offer mobile operators and international carrier customers a single point of access for all their voice services requirements, the telecom service provider said in a filing to the Bombay Stock Exchange (BSE). "The mobile video telephony solution is both reliable and seamless and it opens doors for customers to reach an infinitely larger market in over 110 countries," Tata Communications Senior Vice President (Product marketing and business development for global voice solutions) Christian Michaud said. Tata Communications mobile video telephony services would enable carriers and operators to reduce costs associated with establishing connections with other mobile networks, the filing added. Shares of Tata Communications today closed at Rs 493.30 on the BSE, down 0.54 per cent from previous close.


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