Sistema disappointed with not getting return on investment in India: Vsevolod Rozanov, Sistema CFOVsevolod Rozanov, group CFO, Sistema JSFC, said the company was disappointed it wasn’t able to get a return on its investment in India.
Sistema sets up $50 million fund to invest into start-upsSistema Asia Fund will also support Indian startups in its preferred domains that are looking to expand into the Russian market.
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
Sistema looks to diversify, tie up with Indian companiesSistema operates CDMA-based mobile services in the country in partnership with India’s Shyam Group and has invested $3.5 bn in the telecom ...
Sistema's plan to raise India stake faces snag over deal structureSistema's proposal to raise its stake in its Indian unit beyond 74% has hit a hurdle with DoT saying that plan will need an approval from R...
Sistema JSFC’s plan to raise India stake faces snag over deal structureSistema’s proposal to raise stake in its Indian unit beyond 74% has hit a hurdle with the telecom department saying that it needs RBI's app...
Sistema to rebuild MTS brand, to step up marketing spendingRussian conglomerate Sistema will increase marketing spends to rebuild its MTS telecom brand in India, executives said.
Quashed mobile permits: Sistema sets deadline for governmentRussian conglomerate Sistema warned that failure to resolve the issue would hit diplomatic ties between the countries.
- Telecom Minister wants Law Minister to be ready for any action by Sistema
Kapil Sibal has said all steps like arbitrator's appointment and firming up the govt's stand should be taken if Sistema seeks arbitration.
- Telecom Department assures Sistema of supporting its petition
The telecom department (DoT) has told Russian conglomerate Sistema that it will support its curative petition once it is admitted in Suprem...
DoT to support Sistema curative petition in Supreme CourtThe telecom department (DoT) has told Russian conglomerate Sistema that it will support its curative petition once it is admitted in Suprem...
Sistema row could have 'great repercussion': RussiaRussia today said the row over its telecom firm Sistema in India will have "great repercussion" not only on bilateral cooperation but also ...
- Sistema says its stand on spectrum auction after SC hears plea
Sistema today said it will decide on participation in the upcoming spectrum auction after Supreme Court hears its petition seeking exemptio...
2G licence cancellation: Sistema to take $1 billion writedown on India?The writedown is a non-cash item that will be recognised in Sistema's fourth-quarter results, eroding earnings. Sistema declined to comment.
- 2G verdict: Sistema may start proceedings against India after August 28
Govt said Sistema has threatened to initiate proceedings against India after August 28, if the dispute regarding 2G issue was not settled w...
- Sistema to invoke the signed BIT against SC's decision to cancel its 21 telecom permits
Russian conglomerate Sistema has threatened India with international arbitration proceedings if the government fails to resolve the fallout...
- Russia may buy 20% in Sistema Shyam by Oct
The Russian government is expected to complete its pending transaction to pick up a 20% stake in telecom firm Sistema Shyam for around $670...