THE INVISIBLE HAND OF POLICY IS WORKING
The unravelling of the merger between Reliance Communications (RCOM) and South Africa’s MTN and the travails of the Ranbaxy-Daiichi Sankyo deal highlight the changed economic environment in India. If it came to pass, the RCOM-MTN deal would have created an international telecom giant with a subscriber base of 120 million from the Cape of Good Hope to the Himalayas..
Hindustan Times
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