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Sistema wrote off $700 million in its Indian subsidiary

May 3, 2012 Vladislav Novy, Kommersant
JSFC Sistema lost a quarter of its investments in India, due to frequencies uncertainty. Problems in India may push Sistema to conduct a buyback in the amount of $300 million, analysts say

MTS India 2G license cancellation affects Sistema Group revenue

April 27, 2012 Combined reports
Sistema of Russia said its revenues in 2011 were affected by impairment of SSTL (MTS India) 2G licenses.

Indian court throws out Sistema appeal

April 6, 2012 The Moscow TImes
India's Supreme Court on Wednesday rejected appeals to overturn an order canceling telecoms licenses awarded in 2008, dealing a blow to the companies affected.

India court rejects appeals in telecom licence dispute

April 5, 2012 Combined reports
India's Supreme Court on Wednesday rejected appeals to overturn an order cancelling telecom licences awarded in 2008, dealing a blow to the companies affected.

Bureaucracy vs. religion

March 28, 2012 Julia Petrova, RIR
On March 29 a court hearing will be held in St. Petersburg concerning the closing of a Hindu temple in that city. RIR spoke to Suren Karapetyan, head of the Vedic Center for Spiritual Development in which the temple is located

The leaders of Russia and India will discuss the revocation of SSTL’s licenses at the BRICS Summit - Dvorkovich

March 26, 2012 RIR
At the BRICS summit in Delhi the Russian and Indian leaders will discuss the situation around the revocation of licenses of Sistema’s (RTS: AFKS) telecom subsidiary - Sistema Shyam TeleServices Ltd. (SSTL).

Russian scientists urge Medvedev and Putin to take the Bhagavad Gita trial under their personal control

March 19, 2012
A group of renowned Russian scientists representing leading Russian research organisations and universities has addressed an open letter to President Dmitry Medvedev and Prime Minister Vladimir Putin in connection with the ongoing trial of “Bhagavad

India’s government sides up with Sistema

March 6, 2012 RIR
The decision by India’s Supreme Court stripping AFK Sistema’s local division of its mobile licences might be reversed. It has been challenged not just by AFK and other affected companies but also by India’s government.

Sistema Shyam TeleServices Limited files review petition before the supreme court

March 5, 2012 RIR
Review petition filed in response to Supreme Court’s judgment dated 2nd February quashing 21 telecom licenses of the company

Sistema looks to keep Indian mobile licenses

March 1, 2012 The Moscow TImes
AFK Sistema asked India to settle within six months a dispute over a court order to revoke 21 telecoms licenses held by its joint venture in the country, and said it reserves the right to approach an international tribunal.

Russia’s Sistema in dispute with India over telecom licenses

February 29, 2012 RT.com
Russia’s Sistema is threatening legal action against the Indian government after a Supreme Court ruling revoked 21 telecom licences from the company’s Indian subsidiary SSTL.

Sistema reiterates faith amid lawsuits by telecom firms

February 28, 2012 Combined reports
Company chairman indicates it is here for a long haul and the possibility of bidding for both GSM & CDMA spectrum which will be up for auction soon

Russia's Communication Minister to visit India

February 10, 2012 Combined reports
Russia's Communication Minister Igor Shchyogolev is reportedly going to visit India to express country's concern over its investments in the Indian firm, Sistema Shyam Teleservices (SSTL).

Russia steps in to help AFK Sistema in India

February 9, 2012 Alexei Baev, Vladimir Zykov, Izvestia
India’s Supreme Court has revoked telecom licenses from AFK’s Indian division. The Russian authorities have intervened to settle Sistema Shyam Teleservices scandal.

Sistema Shyam plans plea against license cancellation

February 8, 2012 Combined reports
The Indian unit of Russia's Sistema JSFC is preparing to file an appeal asking the Supreme Court to review its order cancelling the company's telecommunications licenses along with those of several others.

Siberian prosecutors make another attempt to ban Prabhupada’s Gita interpretation

January 26, 2012 RIR
Prosecutors in Russia’s Siberian city of Tomsk insist that Svami Prabhupada’s interpretation of the Hindu scripture called "Bhagavad-Gita As It Is " should be banned as extremist literature, a court spokeswoman said.

Russian tourist arrested in Goa for carrying hunting cartridge

January 24, 2012 RIR
The date of the court hearing of the case of the 31-year old Russian tourist from Krasnoyarsk Anatoly Valenko accused of carrying hunting cartridge has been fixed.

Bhagavad Gita in court: Overcoming unexpected roadblock to relationship

January 10, 2012 Dadan Upadhyay, specially for RIR
Siberian court ruling on ‘Gita ban’ saves India-Russia strategic partnership from irreparable damage.