A day after Reliance Communications called off its merger talks with Aircel citing 'legal and regulatory' delays, Anil Ambani-led RCom on Monday expanded its board by adding four new board members. Punit Garg, president, telecom Business has been appointed as Executive Director of Reliance Communications. Manikantan V, who is the Chief Financial Officer has been elevated as Director of the Company from today, the company said in a BSE filing.
After its merger plan with AIrcel collapsed, Reliance Communications presented an alternative plan for debt reduction by selling company's real estate, tower and fibre business. Suresh Rangachar, who heads the fibre and tower business as Director of Reliance Infratel Ltd (RITL), a subsidiary, has been elevated as Executive Director of RITL. Rangachar has been with the company for the last 17 years.

A day after Reliance Communications called off its merger talks with Aircel citing 'legal and regulatory' delays, Anil Ambani-led RCom on Monday expanded its board by adding four new board members. Punit Garg, president, telecom Business has been appointed as Executive Director of Reliance Communications. Manikantan V, who is the Chief Financial Officer has been elevated as Director of the Company from today, the company said in a BSE filing.
After its merger plan with AIrcel collapsed, Reliance Communications presented an alternative plan for debt reduction by selling company's real estate, tower and fibre business. Suresh Rangachar, who heads the fibre and tower business as Director of Reliance Infratel Ltd (RITL), a subsidiary, has been elevated as Executive Director of RITL. Rangachar has been with the company for the last 17 years.