The Russian conglomerate, however, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger ...

The Russian conglomerate, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger process.

Sistema JSFC has provided $12 mn of Series B funding to Seclore as part of a four-member investor consortium, a person with direct knowledg...

Sistema Asia Fund will also support Indian startups in its preferred domains that are looking to expand into the Russian market.

SSTL has named Ilya Kosolapov as CFO who takes over at a time the Indian unit of Russia's Sistema JSFC is speeding up its merger with Relia...

Sistema Shyam Teleservices CEO Shukov put in his papers, citing personal grounds and CFO Savchenko has been named the new chief executive

The way GSM and CDMA platforms are evolving, the long-term roadmap for both leads to LTE or `long-term evolution' (a 4G technology), he sai...

Sistema operates CDMA-based mobile services in the country in partnership with India’s Shyam Group and has invested $3.5 bn in the telecom ...

The DoT had said that the plan would need approval from the Reserve Bank of India, and not the DoT, as it had been structured like an overs...

SSTL, controlled by Russian conglomerate Sistema JSFC, had applied in May to increase the total FDI in the company beyond 73.95 per cent.

The Foreign Investment Promotion Board, headed by Finance Secretary Arvind Mayaram, at its meeting today considered 35 proposals.

Sistema JSFC currently holds 56.68% in SSTL, while Russian government and other foreign entities hold 17.14% and 0.13% share respectively.

Sistema JSFC controlled telecom operator Sistema Shyam Teleservices has sought the government approval to raise foreign stake in the firm b...

Indian arm of Russian conglomerate Sistema JSFC could actually lead the consolidation charge once the M&A rules are clear, Dmitry Shukov sa...

Kapil Sibal has said all steps like arbitrator's appointment and firming up the govt's stand should be taken if Sistema seeks arbitration.

Indo-Russian telecom operator MTS-India is awaiting the new government policy on mergers and acquisitions (M&A) to expand its operations in...

Sistema is exploring opportunities for setting up power plants and tapping the budding retail sector in India.