RCom deal will bring synergies for RIL: Morgan Stanley
Mukesh Ambani-led Reliance Industries' acquisition of Anil Ambani-led Reliance Communications' telecom infrastructure will bring synergies and lower costs for Reliance Industries, according to a report by brokerage firm Morgan Stanley India. The report added that the deal could delay free cash flow generation and raise RIL's debt by 10-12% in the near term.