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RCom, Sistema in talks to merge telecom biz in India

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......

FIPB to take up 34 FDI proposals on May 13

The Foreign Investment Promotion Board (FIPB) will take up 34 FDI proposals, including that of Ranbaxy Laboratories, Sistema Shyam and AT&T Global, on Tuesday. The other proposals which are before......

MTS' viral ad leads to 10% rise in dongle sales

The idea was not just to push sales numbers when Sistema Shyam Teleservices, which offers cellular services under the MTS brand, engaged Creativeland Asia to conceptualise its latest campaign --......

Sistema wins spectrum in 8 circles for Rs 3,639 cr

Russian conglomerate Sistema's Indian unit on Monday won telecom spectrum in eight circles or zones for Rs 3,639 crore (Rs 36.39 billion) in an auction shunned by all other companies.Sistema Shyam......

CDMA spectrum auction: SSTL bids for 8 circles

Lone bidder Sistema Shyam Teleservices on Monday bid for eight circles in the 2G spectrum auction for CDMA services.The second round of auction is underway and it is expected that it will end by......
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Lendingkart raises $87 mn in funding led by Fullerton Financial Holdings

Online lending startup Lendingkart has raised $87 million (Rs 5.59 billion) in fresh funding led by Singapore-based Fullerton Financial Holdings... ...

http://www.business-standard.com/article/companies/lendingkart-raises-87-mn-in-funding-led-by-fullerton-financial-holdings-118021201130_1.html
HealthifyMe raises $12 million from Sistema Asia Fund, Samsung NEXT

HealthifyMe intends to use the fresh round of funding to deepen its presence in India Romita Majumdar | Mumbai Last Updated at February 9, 2018... ...

http://www.business-standard.com/article/companies/healthifyme-raises-12-million-from-sistema-asia-fund-samsung-next-118020901324_1.html
Idea 'punishes' Aircel over unpaid dues

Services to be restored only once Aircel clears dues Idea Cellular has said it has suspended interconnect services to Aircel because the latter... ...

http://www.rediff.com/money/report/idea-punishes-aircel-over-unpaid-dues/20180208.htm
Telecom subscriber base falls to 118cr in Nov, Jio tops 15-cr

The number of telecom subscribers dwindled by 1.58 crore to 118.5 crore in November, even as Reliance Jio continued to lead in customer addition... ...

http://www.deccanherald.com/content/653157/telecom-subscriber-base-falls-118cr.html
Anil Ambani

New Delhi: The "new" Reliance Communications (RCOM) will be "capex light" and emerge as India's largest B2B (business-to-business) entity that is... ...

http://www.sify.com/finance/new-rcom-to-be-indias-largest-b2b-business-anil-ambani-news-telecom-sbeoamabgbigb.html

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