The RCom stock jumped 5.8% to close at 20.95 on the Bombay Stock Exchange on Thursday, outperforming a flat broader market.

"Hon'ble Rajasthan High Court has today sanctioned the Scheme of Arrangement (scheme) between SSTL and the Company on the petition filed by...

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.

Russian newswires have quoted SSTL’s parent, Sistema JSFC reportedly voicing apprehensions that “the procedure of hearing in SC is being st...

SSTL’s comments come amid news of the FIPB rejecting its application to increase foreign holding beyond 74 per cent for a second time.

Under 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 said itgs shareholders have approved the proposal for merger of Sistema Shyam Teleservices with the company.

RCOM 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 Thursday said that it, along with SSTL, will shortly apply to the HCs of Bombay and Rajasthan to clear their merger.

RCom today said stock exchanges BSE and NSE gave their go-ahead to its deal to acquire Russian conglomerate Sistema's Indian telecom unit, ...

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...

The 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...

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

RCom will offer shares in the company to Sistema Shyam TeleServices in return for acquiring spectrum and customers in nine telecom circles ...

"The discussions are indicative and non-binding in nature, and remain subject to due diligence, definitive documentation and approvals," RC...