Indus Towers, Bharti Infratel merger in advanced stage; Bimal Dayal named CEO of new entity
Hemant Ruia, currently CFO of Indus Towers, is proposed to be appointed as the Chief Financial Officer of the combined entity, the statement added.

The existing leadership teams of both Indus Towers and Bharti Infratel will continue to manage their respective businesses till the merger becomes effective. Representational Image, source: Reuters