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Reliance Communication may benefit from Sistema's spectrum; stock slips

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MUMBAI: Reliance Communications Ltd (RCom) slipped 2 per cent in intraday trade after rising nearly 3 per cent in early trade on Tuesday, after the Anil Ambani-owned company and Russian conglomerate Sistema said that they are in exclusive talks to merge their Indian telecom businesses through a stock swap. The possible merger...

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