India's ITI rises after govt asks state-run telcos to buy from co
09/11/2018 03:58
** Shares of state-run telecom equipment manufacturer ITI
Ltd ITEL.NS rise as much as 9.4 pct to 102.9 rupees, their
highest since Sept 14
** India to continue to force three state-owned telecom
companies to buy 30 pct of their equipment orders from ITI, the
govt said on Thursday urn:newsml:reuters.com:*:nL4N1XJ5JI
** Quota policy will apply to Bharat Sanchar Nigam Ltd,
Mahanagar Telephone Nigam Ltd MTNL.NS and Bharat Broadband
Network Ltd
** More than 520 mln shares traded, 0.6 times their 30-day
moving avg of 818,974
((Reuters Messaging:
tanvi.mehta.thomsonreuters.com@reuters.net))