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2G: Attorney general, Radia among CBI witnesses

 Attorney General Goolam E Vahnavati and corporate lobbyist Niira Radia are among the 125 witnesses listed in the Central Bureau of Investigation chargesheet in the 2G spectrum scam. The name of......

Russia unhappy with India over Kudankulam

 Russia on Monday made very clear to India its unhappiness over two key bilateral issues-- Kudankulam Nuclear Power Plant 3 and 4 and investments by its telecom company Sistema in the country,......

Russia to buy stake in Sistema ShyamTele

 Russia will acquire 19.8 per cent stake in Sistema Shyam Teleservices Ltd, a joint venture between Sistema of Russia and Indian entity Shyam Group, for $676 million (around Rs 3,150 crore). The......

Sistema to scale down India exposure

 Just a day after telling news agency Bloomberg it was prepared to spend "billions this year in India if the government ensures security of our investment", Russian conglomerate AFK Sistema told......

RCom to use Rs 11k cr from stake sale in cell towers to cut debt

 Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment......

Investment board clears 21 FDI projects

 Foreign Investment Promotion Board on Tuesday cleared 21 proposals, including that of Bharti Shipyard, but turned down the Sistema Shyam's request to raise foreign holding. The FIPB, headed by......

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......

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