Russian conglomerate Sistema today said it has approached the Indian government seeking protection of its USD 3.1 billion investment and plans to file a petition for review of the Supreme Court order cancelling its pan-India 2G licences.
Sistema has a joint venture with India’s Shyam Group—Sistema Shyam Teleservices (SSTL) -- in which the Russian government also has a stake of 17.14 per cent.
From: http://ping.fm/wAIrB
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