The completion of SSTL merger gives a breather to RCom which is planning to shut down its loss-making wireless telephony business by Novemb...

"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.

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

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 market cheered the deal, with RCOM’s stock surging nearly 8% intra-day before ending 6.2% higher at Rs 79.90 on the BSE, outpacing a ne...

Reliance Communications is merging the telecom business of Sistema Shyam Teleservices (SSTL) with itself in a cashless deal worth around Rs...

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...

While RCom didn’t name any of the shortlisted bidders, it said that it had received indicative non-binding bids from a number of interested...

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...

Anil Ambani-owned telco seeks to take over rival CDMA brand MTS without its liabilities, but current M&A rules and legal requirements make ...