Network services major GTL has acquired a Malaysia-based network planning and optimisation company, ADA Cellworks, in an all-cash deal of $25 million (around Rs 100 crore).
This would be company's second acquisition in the WiMax space. In February, the company had acquired a significant stake in a French WiMax chip manufacturer Sequans Communications. The financial details of the acquisition were not disclosed. Further, RCom will expand its reach across countries in the Saarc region, Mediterranean and other South African nations. RCom intends to provide high-speed broadband services, voice, video and data suite and 4G services.
Competition with online international networks hots up in cyberspace.
ADA Group's Reliance Energy and GMR Infrastructure are the two Indian firms that have been shortlisted in the bidding process to acquire Singapore's Tuas Power, one of the three power firms put on block.
Reliance ADA Group announced the launch of its online casual gaming portal Zapak.com on Saturday.
Reliance was the highest bidder at Rs 63 cr for the 5 airports project.
Anil Ambani group's Reliance Money on Tuesday sparked a price war in the highly competitive brokerage space by offering a free trading account to its demat account holders, with an aim to tap up to 30 crore (300 million) potential clients. Reliance Money also announced a partnership with Corporation Bank to offer broking services to 9.5 million account holders of the public sector lender.
Trai has announced that it may fix prices of pay channels on the direct-to-home (DTH) platform in line with the Rs 5 per channel cap on conditional access system (CAS) services in Delhi, Mumbai and Kolkata. This move will lower the fees but hit the income of broadcasters from DTH companies. However, new DTH entrants will benefit from the move as their cost of content will decrease. For the 2 existing DTH companies, Dish TV & Tata Sky, the current rates are likely to continue.
Bigflicks.com has about 1,000 movies, downloadable for $2 to $15.
Anil Dhirubhai Ambani Group has accumulated stakes worth Rs 1,047.8 crore
Experts feel there is scope for a trainer beyond AJT and many countries are looking to develop one.
Sasan Power Ltd, the special purpose vehicle floated by Power Finance Corporation for the 4,000 MW project, will on Wednesday issue the Letter of Intent to Reliance Power Ltd.
Zapak Digital Entertainment Limited, a Reliance ADA Group venture, formally launched India's first full-feature online multiplayer cricket game in New Delhi on Tuesday.
The next time you walk into a pizza joint don't be surprised if you see 'ZaPizza' on the menu.
The Anil Ambani Group has acquired additional one per cent stake in media house, TV Today Network to increase its holding to nearly 12 per cent in a transaction worth around Rs 7.8 crore (Rs 78 million).
Anil Ambani on Wednesday took over as the Chairman of Reliance Communication Ventures Ltd, a day after the Mukesh Ambani Group handed over management control of the demerged companies to the younger sibling.
The Anil Ambani Group has increased its stake in media house TV Today Network to nearly 12 per cent by acquiring an additional one per cent stake in a deal that could be estimated at about Rs 8 crore (Rs 80 million).
Continuing its attack on the Anil Dhirubhai Ambani Group, the Mukesh Ambani camp on Tuesday alleged that shares of their group worth nearly Rs 535 crore (Rs 5.35 billion) were transferred "fraudulently" -- a charge denied by ADAG stoutly.
Striving to expand its investment in media companies, the Anil Ambani Group has increased its stake in TV Today Network to over 10 per cent by acquiring an additional 0.96 per cent stake for an estimated Rs 6.50 crore.
The Anil Ambami controlled-ADA Enterprises on Friday announced the appointment of Gautam Doshi, a leading chartered accountant, as group president and key member of the leadership team.
Real Madrid's Croatia midfielder Luka Modric was named winner of the 2018 Ballon d'Or on Monday, breaking Cristiano Ronaldo's and Lionel Messi's decade-long hold on the prestigious award.
'This award is not just mine.' 'It is my team mates' from Real Madrid and Croatia.' 'Without my coaches, I would not have won this and without my family I would not be the player I am today.'
Over 12,700 participants from 91 countries are expected during the one-week contest, which features a variety of athletes - young and old, male and female, straight and gay.
Looking at the pictures.
Sukanya Verma salutes the power of Saroj Khan and her brilliant choreography.
Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
India added seven more medals, including two gold, to their kitty on the penultimate day of competition at the fifth Commonwealth Youth Games in Apia, Samoa, on Thursday. Archer Prachi Singh, in the girls' recurve individual event, and the tennis mixed doubles team of Sasikumar Mukund and Dhruthi Tatachar Venugopal accounted for the gold medals.
India added seven more medals, including two gold, to their kitty on the penultimate day of competition at the fifth Commonwealth Youth Games in Apia, Samoa, on Thursday. Archer Prachi Singh, in the girls' recurve individual event, and the tennis mixed doubles team of Sasikumar Mukund and Dhruthi Tatachar Venugopal accounted for the gold medals.
Music composer Aadesh Shrivastava who was battling cancer passed away post midnight on Friday. He was 51.
Two-days after committing Rs 2,000 crore (Rs 20 billion) into Reliance Capital, Anil Ambani on Tuesday made an open offer to acquire another 20 per cent stake for Rs 1,189 crore (Rs 11.89 billion) at Rs 231 a share, a price considerably lower than th
Sonam Kapoor opened the India International Jewellery Week 2015 in Mumbai.
Cristiano Ronaldo has been voted UEFA's 2015-16 Best Player in Europe ahead of Real Madrid team mate Gareth Bale and Atletico Madrid's Antoine Griezmann.
Let's take a look at the top 10 showstoppers in 2015.
