The Hindu Business Line | May 2, 2011
To invest Rs 1,000 cr this year
NEW DELHI, MAY 2: Spice Mobility Ltd on Monday announced that it will invest Rs 1,000 crore in the current financial year in a bid to reposition itself as a mobile Internet company.
At present the company is primarily focused on the mobile phone segment. Under the new strategy, Spice will merge all its various divisions including mobile devices, retail outlets and value-
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