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Reliance Industries Ltd (RIL) has invited Reliance Communications for "mutual conciliation prior to arbitration" on the dispute over the latter's bid to sew up a merger deal with MTN.
NXP (Next eXPerience) Semiconductors, the new semiconductor company founded by Philips, is partnering with mobile communication service provider Reliance Communications to bring out low cost handsets in India
Like Bharti, India 's largest mobile operator, Reliance has global aspirations. After losing last year's keenly-contested $11bn takeover of Hutchison Essar, India 's fourth-largest mobile operator, to Vodafone of the UK, Reliance needs to raise its game or risk becoming an also-ran.
Reliance Mobile will launch BlackBerry Tour smartphone for its CDMA customers priced at Rs 27,990.
Nearly a dozen firms have shown interest in building the foundation model and LLMs, while others have proposed sector-specific SLMs.
Despite posting a loss, the company has declared a modest dividend.
Reliance Communications-owned FLAG system has won a case against Tatas-owned Videsh Sanchar Nigam Limited in the International Court of Arbitration, which makes it eligible for upgrading capacity of international bandwidth.
Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.
Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.
A possible merger of Reliance Communications of India and South Africa's MTN could see Anil Ambani become the enlarged group's chairman and biggest shareholder with a stake of almost 35 per cent.
Reliance Communications, India's second-largest wireless operator, will launch phone services in Uganda by year-end, marking its first foray into international mobile phone markets.
Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.
MoD dismissed the report saying it draws 'conjectural connection between tax exemption to a private company and procurement of Rafale jets'.
The company has similar pact with Bharti Infratel.
Starting a price war, Reliance Communications on Tuesday slashed its roaming rates by about 70 per cent at the lowest 40 paise a minute on some select plans, while incoming has been made just Re 1 per minute.
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.
CDMA mobile operator Reliance Communication on Wednesday reduced international calling rates upto 66 per cent for consumers using global calling cards of different denominations.
Reliance HR Services (RHRS), a human resources company formed by the Reliance Anil Dhirubhai Ambani Group (ADAG), will recruit half a million people for the group in the next four years.
Reliance Infratel, the tower business arm of the group's telecom entity Reliance Communications, has allowed the regulatory approval to lapse without coming out with an IPO and is unlikely to revive the process soon. A company spokesperson did not take queries on lapse of the approval period and on whether the company was looking to revive the process by filing a fresh draft IPO prospectus with market regulator Sebi.
Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.
Anil Ambani group company Reliance Communications on Friday a market capitalisation of $20 billion, in line with the rise in stock markets.
Reliance Communications hopes roping in Hrithik Roshan will help separate them from the clutter. However, brand consultants and advertising veterans are sceptical.
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.
The DoT had last week sent a detailed reply to all the issues raised by the CAG.
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.
As is common practice of key parties associated with high-profile M&A deals being referred to by code names, this time around, Reliance has reportedly become 'Rome', MTN is 'Madrid' and Ambani is 'Apollo'.
Riding on a strong stock market rally, Anil Ambani-led diversified business conglomerate Reliance Group has crossed Rs one lakh crore market valuation.
"A global settlement was reached between the French tax authorities and Reliance Flag, a telecom company, in a tax dispute pertaining to the period 2008-2012," the French embassy said in a statement.
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