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VSNL to buy Direct Internet

Shares in Videsh Sanchar ended up 0.6 percent at Rs 490.85 in a firm Mumbai market.

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MUMBAI: Videsh Sanchar Nigam Ltd said on Monday it plans to acquire Direct Internet Ltd and its wholly owned subsidiary Primus Telecommunications India Ltd for an enterprise value of Rs 750 million.   
 
Shares in Videsh Sanchar ended up 0.6 percent at Rs 490.85 in a firm Mumbai market.
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