Sistema Shyam is one of the market’s smallest players with nearly 10 million customers and less than a one per cent market share. Yevtushenkov owns around 62 per cent in the Russian parent.
Reliance communications and AFK Sistema have entered into exclusive discussions on potential merger between the SSTL and RCOM through a stock swap.
Apart from Mahindra & Mahindra, the Hero Group too had reportedly shown interest in acquiring the company.
The companies will first offer the app in seven of India’s 22 regions, or zones and it will then go nationwide in the next 90 days.
On the other hand Reliance Capital which is the parent of Reliance Media Works will use the realisation for debt repayment.
Reliance MediaWorks-Carnival Cinemas deal will exclude Mumbai’s IMAX Wadala and some other properties worth Rs 200 cr.
Modi had used Gandhi Jayanti to start the cleanliness drive and ordered ministers to sweep areas clean.
EPC business revenue stood at Rs 590 crore and the order book at Rs 6,181 crore, the company said.
The process of issuing speed certificate for the Mumbai Metro is almost over, sources at the RDSO told PTI.
I am trying to prepare the questions in such a manner that your (accused) work will be done in half-an-hour, says Special CBI Judge.
Ambani said Rs 30,000 crore will be invested in Sasan project, of which Rs 4,000 crore will be invested in coalmines.
Investors worry Reliance Jio’s participation in auction will hurt telcos’ profitability.
Nirupam, Dutt lead protests outside Reliance Energy’s office, Chief Minister promises to take up the matter in Cabinet
A selection of best stories from the Indian Express city editions across the country.
MMOPL says nothing wrong in retaining company name.