RCom receives approval to buy Sistema Shyam Teleservices
Reliance Communications (RCom) has received a nod from the stock exchanges to acquire Sistema Shyam Teleservices Ltd (SSTL), which operates under the MTS brand in the country. The Anil Ambani-led telecom service provider, in a BSE filing said, “We wish to inform you that we have received observation letters from BSE and NSE.” The company along with SSTL will now file necessary applications with the Bombay High Court and Rajasthan... Read More
