ET’s roundup of the wackiest whispers in corporate corridors.
Suits & Sayings
Once a preferred name in the telecom industry, this company may have seen better days—but a turnaround could be on the horizon. Rumour mills in Mumbai are abuzz that a major business conglomerate, eager to gain a foothold in the ever expanding telecom sector, is eyeing a controlling stake—provided the balance sheet is first cleaned up. It's early days yet, but if all goes well, the two entities may soon take the first steps in charting a new course together in the telecom space.
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