Bharti Airtel and Tata Tele Merger Receives NCLT Approval
The National Company Law Tribunal has approved the merger of loss-making telecom firm Tata Teleservices with Bharti Airtel, according to an exchange filing on Monday. The merger is subject to the approval of the Department of Telecommunications (DoT). Both the parties will now approach the telecom department for the approval of the merger and the clearance might take a while. "Hon'ble National Company Law Tribunal, New Delhi, Principal Bench, vide... Read More