RCom-SSTL merger gets another nod
Sistema Shyam Teleservices, which operates under MTS India brand, Friday received a nod from its shareholders for the planned merger with Anil Ambani-owned Reliance Communications (RCom). A PTI report said that the decision was taken during a meeting convened by the Rajasthan High Court in Jaipur. An SSTL spokesperson confirmed the development to the news wire service. "As per initial indications, members of the company have duly approved the merger process... Read More