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RCOM SISTEMA SHYAM
RCom tells SC it did not evade paying AGR dues , indicates it is not liable for SSTL's duesReliance Communications, which is in the last leg of its insolvency resolution process, filed its affidavit a few days after Sistema Shyam ...- Sistema Shyam telecom biz merges with Reliance CommunicationsThe completion of SSTL merger gives a breather to RCom which is planning to shut down its loss-making wireless telephony business by Novemb...
- RCom-Sistema Shyam merger gets DoT approvalUnder the deal, all wireless business assets of SSTL will come under RCom. However, brand MTS will continue to operate.
- TDSAT asks DoT to clear RCom-SSTL merger in 2 weeksThe RCom stock jumped 5.8% to close at 20.95 on the Bombay Stock Exchange on Thursday, outperforming a flat broader market.
- Reliance Communications gets Rajasthan High Court approval for Sistema acquisition"Hon'ble Rajasthan High Court has today sanctioned the Scheme of Arrangement (scheme) between SSTL and the Company on the petition filed by...
- DoT's approval for SSTL-RCOM merger likely in Q4: SistemaThe Russian conglomerate, however, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger ...
- DoT nod for SSTL merger with RCom likely in 4Q, 2016: SistemaThe Russian conglomerate, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger process.
- Supreme Court to decide fate of Reliance Communications and Sistema's mergerRussian newswires have quoted SSTL’s parent, Sistema JSFC reportedly voicing apprehensions that “the procedure of hearing in SC is being st...
- Sistema to seek nod afresh to up foreign holdingSSTL’s comments come amid news of the FIPB rejecting its application to increase foreign holding beyond 74 per cent for a second time.
- Russia's Sistema to acquire 17 per cent of its subsidiary in IndiaUnder the agreement, the payment for the shares will be made to the Russian budget in installments over a period of five years, Sistema sai...
- Reliance Communications shareholders approve SSTL mergerReliance Communications said itgs shareholders have approved the proposal for merger of Sistema Shyam Teleservices with the company.
- High Court admits RCOM-SSTL merger applicationRCOM is, therefore, finalizing a notice of the above meeting to be sent to its shareholders and taking necessary action in the matter, the ...
- Reliance Communications to apply for MTS merger with 2 high courtsReliance Communications Thursday said that it, along with SSTL, will shortly apply to the HCs of Bombay and Rajasthan to clear their merger.
- Reliance Communications gets green signal from bourses on Sistema dealRCom today said stock exchanges BSE and NSE gave their go-ahead to its deal to acquire Russian conglomerate Sistema's Indian telecom unit, ...
- SSTL names Ilya Kosolapov as chief finance officerSSTL 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...
- Anil Ambani-led Reliance Communications mulls merger with Sistema Shyam's MTSThe firms had entered into talks in May for a possible merger of their operations via a stock swap, where MTS could get a stake of 8-10% of...
- Reliance Communications-Sistema deal may cost $600 million extraSistema Shyam said it is too early to talk about the impact to the deal talks as the "discussions (with RCom) are indicative and non-bindin...
- Sistema Shyam CEO Shukov quits, CFO Savchenko to take overSistema Shyam Teleservices CEO Shukov put in his papers, citing personal grounds and CFO Savchenko has been named the new chief executive
- Reliance Communications shares reverse early gains on profit-bookingRCom will offer shares in the company to Sistema Shyam TeleServices in return for acquiring spectrum and customers in nine telecom circles ...
- Reliance Communications in exclusive merger talks with Sistema Shyam through a stock swap"The discussions are indicative and non-binding in nature, and remain subject to due diligence, definitive documentation and approvals," RC...
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