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Sistema India arm to get $200 mn from Gazprombank

Sistema India arm to get $200 mn from Gazprombank
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First Published: Mon, Dec 20 2010. 10 46 AM IST
Updated: Mon, Dec 20 2010. 10 46 AM IST
New Delhi: Sistema Shyam Teleservices, the Indian arm of Russia’s Sistema, said on Monday it has signed a mandate letter with Russian lender Gazprombank for a loan of $200 million, the telecom firm said in a statement.
In a separate statement, Gazprombank said it has opened a representative office in India.
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First Published: Mon, Dec 20 2010. 10 46 AM IST