Anil Ambani-led Reliance Communication on Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap. "Reliance Communications and AFK Sistema have entered into exclusive discussions on a potential merger between the Indian telecom business of Sistema Shyam TeleServices Ltd and RCOM through a stock swap," the company said in a statement. The discussions, it said, are ‘indicative and non-binding in nature, and ... Rediff.com, 2 months ago
The Sensex closed above 28,000 and Nifty settled above 8,500, with the rate-sensitive banking and auto sectors leading the surge. The benchmark indices had a spectacular session of trade, with the Sensex reclaiming the 28,000 mark and Nifty settling above 8,500, on expectations of a rate cut by the Reserve Bank of India, a glimmer of hope on the GST front and return of stability in the Chinese currency markets. The bull surge was led by index heavyweights such as ICICI Bank, HDFC, SBI and RIL.Rediff.com, 1 week ago
The company, which operates under MTS brand, termed the plans in its nine telecom circles as 'anti-zero rating plans', which are designed to provide absolute freedom to customers to surf, call and chat freely and fairly. "The competitively priced data plans ...Jagran Post, 2 weeks ago
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