With open offer to buy 26% stake, Adanis seek to become majority shareholder in NDTV

In a stunning move with the potential to change the media landscape, billionaire Gautam Adani launched a hostile takeover of media giant NDTV, first with an indirect acquisition of a 29.18 per cent......

Prasad, Tewari under a cloud over retainer service to Reliance

While Manish Tewari said he had surrendered his bar licence the day he was made a Union minister in 2012 and had written to RIL terminating the relationship, Ravi Shankar Prasad said he had......

RIL's Infotel kick-starts fund-raising exercise

Infotel Broadband Services, in which Reliance Industries Ltd has a 95 per cent stake, is looking to raise as much as Rs 1,000 crore (Rs 10 billion) through short-term commercial paper. Infotel is......

Cancel broadband spectrum held by Reliance Jio: CAG

The Comptroller and Auditor General (CAG) has suggested canceling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for......

RIL's Infotel pays Rs 12,847.7 crore broadband fee

Mukesh Ambani-led RIL on Tuesday said its newly acquired internet arm Infotel has paid Rs 12,847.77 crore (Rs 128.477 billion) it bid for pan-India Broadband Wireless Access spectrum. According to......

Reliance ropes in ex-OnMobile CEO to drive 4G rollout

Reliance Industries-owned Infotel Broadband Services is understood to have hired Arvind Rao, former managing director and chief executive of mobile value-added services company OnMobile Global, to......