Asia
Reliance Communications Dissolves Cyprus-Based Subsidiary
Reliance Communications (NSE:RCOM, BOM:532712) said its Cyprus-based step-down subsidiary Reliance Telecom Infrastructure (Cyprus) Holdings has been dissolved, according to a Friday filing to the Indian stock exchanges.The mobile network operator said it does not expect the dissolution to have any material impact on its financials or operations.The company's shares were up nearly 1% in recent trade.
BOM:532712NSE:RCOM