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Sistema chief says held talks with RCom over joint venture, no sale planned| Reuters

May 16, 2015    

MOSCOW/MUMBAI Russian billionaire Vladimir Yevtushenkov, owner of conglomerate group Sistema (AFKS.MM), said on Friday that he has held talks with tycoon Anil Ambani's Reliance Communications (RLCM.NS) about a joint venture in India.But Yevtushenkov said he had no plans to sell his Indian telecoms unit, Sistema Shyam Teleservices."Weve been talking to different people regarding business expansion," he told Reuters, in response to a query on an earlier media report."Honestly, there is nothing much to say." He said talks with several parties were ongoing, but g...

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