As per the company website, Reliance Globalcom owns undersea cable system spanning 65,000 km, which connects 40 business markets in India, Middle East, Asia, Europe, and the US.
According to daily The National, Batelco chief executive officer Sheikh Mohamed bin Isa Al Khalifa stated that the company is not interested in participating in the upcoming 2G spectrum auctions in India to secure licences and set up a new joint venture in India.
India and Bahrain firms have formed a JV to provide solutions for telecom infrastructure.
In his new role, chief Chinnakannan Sivasankaran's son Saravana is likely to manage 60% of the group's revenues
The unit of Reliance Communications may raise debt, equity
The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
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