Reliance Communications has proposed an entry fee of Rs 150 crore (Rs 1.5 billion) for metro circles and Rs 100 crore (Rs 1 billion) for category B circles for getting 3G spectrum.
Reliance Communication has launched its new gaming tool 'Stock Mania' to develop the stock market skills of its subscribers at Rs 3 for each session.
Anil Ambani group company Reliance Communications on Friday a market capitalisation of $20 billion, in line with the rise in stock markets.
Reliance Communications on Thursday applied to the department of telecommuications for radio frequencies in the 1800 MHz band for operating mobile networks in 14 circles all over the country.
After making its entry into the Bombay Stock Exchange's benchmark 30-share index Sensex in May
Reliance comm results keep telecom flag flying, FMCG majors slip.
If completed, the 50-50 joint venture would value Reliance Communications' cable assets at $1 billion, the newspaper said, adding Citic Telecom beat out two other bidders from West Asia earlier this month.
If completed, the move would create a 50-50 joint venture valuing Reliance Communications' cable assets at $1 billion.
The move by Reliance Communications to outsource its IT requirements would result in an upfront cost savings of around $200 million (Rs 900 crore), with the company seeking a guarantee to this effect from the vendors.
Anil Ambani-led Reliance Communications on Monday posted a net profit at Rs 702 crore (Rs 7.02 billion) for the second quarter ended September 30, 2006, as against a net loss of Rs 19 crore (Rs 190 million) in the previous quarter.
Reliance Communications will be investing around Rs 15,000 crore (Rs 150 billion) to set up and install an additional 15,000 base transceiver stations in the country.
Anil Ambani group company Reliance Communications on Monday posted a net profit after tax at Rs 8.45 crore (Rs 84.5 million) for the quarter ended June 30, 2006.
Anil Ambani group company Reliance Communications on Wednesday posted a 198 per cent increase in net profit at Rs 924 crore (Rs 9.24 billion) for the quarter ended December 31.
The long-validity all-India Reliance CDMA to Reliance CDMA calling packs are encouraged to increase STD usage from this segment -- which brings down Reliance to Reliance effective calling tariff to 30 paise per minute or even lower. On Rs 2,222 recharge, 500 minutes of free STD/local talktime per month for 12 month would be offered, while Rs 4,444 recharge pack gives 500 minutes of free STD/local talktime per month for lifetime.
Walmart group firm Flipkart continues to dominate the e-commerce segment with 48 per cent market share while Softbank-backed Meesho has emerged as the fastest growing e-commerce platform in terms of user base in India, a latest report by AllianceBernstein said. According to the report, Flipkart's user base grew 21 per cent year-on-year (YoY), Meesho accelerated at 32 per cent while Amazon lagged at 13 per cent user growth primarily due to relative premium offerings as compared to peers. "As of FY23, Flipkart was the market leader, with a 48 per cent share in India eCommerce.
Chandrasekhar's letter seeks to convey the impression that the Tata Group kept quiet when it stood to benefit from violations of norms.
Notwithstanding the turmoil in global economic environment, as many as six Indian firms, including Reliance Comm and Bharti Airtel, have been named among top 100 best-performing infotech companies in the world by US magazine BusinessWeek.
The markets opened in red on the back of weak Asian cues
The markets opened in the positive terrain but slipped and are trading flat as selling was seen in banking and pharma stocks
The markets have bounced back and opened in the positive after two days of mild weakness
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
According to reports, the deal, if successful, could fetch Hutchison as much as $14 billion and would be Asia's largest private equity deal.
Reliance Communications brings all its global initiative under a single brand name of Reliance Globalcomm and renames FLAG Telecom as Reliance FLAG.
Formally throwing its hat in the Reliance Communications said it was looking to acquire its rival Hutch-Essar and has received funding support for the proposed deal.
The CEOs, sources said, also discussed the steps to raise domestic production of coal.
Reliance Communications has sought government approval for sponsoring a secondary Global Depository Receipts offering of up to $1.2 billion, representing 6.53 per cent of the total paid-up equity shares of the company.
Reliance Communications, which is eyeing to acquire the country's fourth-largest mobile firm Hutch Essar, said on Wednesday it plans to raise funds through issue of securities in the international market.
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