RCom, Tata Teleservices in merger talks to rival Jio: Report
Reliance Communications and Tata Teleservices have initiated talks for a merger to counter Mukesh Ambani-led Reliance Jio, according to reports. Anil Ambani initiated talks with Tata Sons Chairman-designate N Chandrasekaran to take on Reliance Jio as a combined entity, reports said. Notably, the reports come after Vodafone India confirmed merger talks with Idea to create India's largest operator.