RCOM board to meet on Monday to discuss MTS India merger
Reliance Communications’ board will meet on November 2 to discuss the potential merger with Sistema Shyam Teleservices (SSTL), which operates under the MTS brand in the country, the company said in a notice to the stock exchanges Saturday. The company’s board will consider a scheme of arrangement for demerger of telecom business undertaking of Sistema Shyam Teleservices Limited into the company. The Anil-Ambani-owned company was in talks with MTS India... Read More