Reliance Communications merger with Aircel got National Company Law Tribunal

Posted on:16 Aug 2017 12:40:13
Reliance Communications merger with Aircel got National Company Law Tribunal
16 August 2017 Current Affairs: The National Company Law Tribunal approved the merger of Reliance Communications (RCom) and Aircel.

RCom will merge into Aircel and a new entity will be created called Aircom, with both partners having 50% equity stakes.

The new company will have earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 15,000 crore based on current trends.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 May

25 MAY
NEWS
24 MAY
NEWS
23 MAY
NEWS
22 MAY
NEWS

Current Affairs 2018 April

30 APRIL
NEWS
29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS

Current Affairs 2018 March

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS