Aircel Working on an Alternative Business Model if the Proposed Merger With RCom Does Not Get Required Approvals on Time: Report
It is already a known fact that Aircel and Reliance Communications (RCom) are gearing up to form a merged entity in the country. However, a new report now claims that Aircel is considering an independent restructuring of its Rs 20,000-cr debt as one of the options for continuing operations on its own if it does not receive necessary nods from the regulators. A report from Economic Times says that the... Read More
