Unitech shares rose as much as 5.6 percent on Thursday after the company said it has agreed to dispose of its shareholding in its mobile joint venture Uninor after reaching a settlement with partner Telenor on their legal dispute.
Unitech did not provide details of the settlement due to confidentiality obligations.
Unitech shares were up 3.9 percent as of 9:34 a.m.
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Unitech reaches settlement on Uninor JV
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