News for 'Reliance Communications on Monday'

RBI Flags Concern Over Illegal Accounts

RBI Flags Concern Over Illegal Accounts

Rediff.com10 Jul 2024

'We found certain banks having lakhs of such accounts with apparently no valid reason.'

Airtel again pips Jio in mobile customer addition

Airtel again pips Jio in mobile customer addition

Rediff.com23 Dec 2020

India's telecom subscriber base grew to over 1.17 billion in October with Bharti Airtel maintaining its leadership in mobile subscriber addition that accounts for over 98 per cent of total connections in the country, according to the monthly report released by sector regulator Trai on Wednesday. This is the second consecutive month when Airtel added highest number of subscribers. In September, it had regained the leadership position in subscriber addition after a gap of four years. The Sunil Bharti Mittal-led company added 3.67 million new customers in October, taking its total wireless customer base to 330.28 million in October 2020, the Telecom Regulatory Authority of India's (Trai) report said.

Army raises elite unit STEAG for military technology development

Army raises elite unit STEAG for military technology development

Rediff.com18 Mar 2024

The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.

Reliance Comm Q3 net zooms 198% to Rs 924 cr

Reliance Comm Q3 net zooms 198% to Rs 924 cr

Rediff.com31 Jan 2007

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.

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Anil Ambani's Reliance group slams Rahul Gandhi for his 'malicious lies'

Rediff.com6 May 2019

Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.

Reliance Comm Q1 net at Rs 8.45 cr

Reliance Comm Q1 net at Rs 8.45 cr

Rediff.com31 Jul 2006

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.

RCom, Reliance Jio in talks for spectrum sharing: Anil Ambani

RCom, Reliance Jio in talks for spectrum sharing: Anil Ambani

Rediff.com30 Sep 2015

Two brothers have begun collaborating in certain businesses.

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Rediff.com17 Apr 2024

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

India AI mission to be key priority for telecom ministry

India AI mission to be key priority for telecom ministry

Rediff.com18 Jun 2024

Many who track the ministry and the technology sector closely believe that the space won't see much impact on the policymaking side, but the gestation time for regulations might get long, as now there could be a wider consensus-building exercise on policy matters under a coalition government.

'Pakistan Pushing Terrorists Into Jammu'

'Pakistan Pushing Terrorists Into Jammu'

Rediff.com16 Aug 2024

'The terrorists are using better technology to secure their communication.' 'It does appear that excessive reliance on technology led to a weakening of human intelligence.'

RCom confirms talks with Batelco for stake sale

RCom confirms talks with Batelco for stake sale

Rediff.com15 Mar 2013

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.

Who will be Mukesh Ambani's successor at Reliance?

Who will be Mukesh Ambani's successor at Reliance?

Rediff.com28 Dec 2021

Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Ambani, 64, who has previously not spoken about succession plans at the country's most valuable company, said Reliance is "now in the process of effecting a momentous leadership transition." Ambani has three children -- twins Akash and Isha, and Anant.

10 Skills You Need For A Career In AI

10 Skills You Need For A Career In AI

Rediff.com1 Oct 2024

Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.

Reliance Jio's piggyback plan

Reliance Jio's piggyback plan

Rediff.com28 Jul 2013

The 4G service may use Reliance Retail, with a surging customer base, as the launch pad

Chinese banks face SBI hurdle in recovering Anil Ambani dues

Chinese banks face SBI hurdle in recovering Anil Ambani dues

Rediff.com13 Jun 2020

With the State Bank of India moving the National Company Law Tribunal's Delhi bench to enforce the personal guarantees of Ambani, it will delay the recovery of dues by the Chinese banks which won a UK court order in May this year.

RCom: DoT to do special audit

RCom: DoT to do special audit

Rediff.com19 Feb 2009

The Department of Telecom (DoT) has decided to do a special audit of Reliance Communications' (RCom) telecom licence companies.

RCom inks alliance with US-based GetJar

RCom inks alliance with US-based GetJar

Rediff.com27 Apr 2010

Anil Ambani-led Reliance Communications on Tuesday announced a strategic alliance with US-based GetJar, the world's second-largest app store to avail over 65,000 free mobile applications for R-Com's over 100-million subscribers.

RCom rolls-out 8080 mobile series

RCom rolls-out 8080 mobile series

Rediff.com9 Oct 2009

Reliance Communications on Friday said it has been allotted a brand new 8080 series by the DoT for roll-out in Mumbai.

RCom, Aircel in talks to merge wireless biz

RCom, Aircel in talks to merge wireless biz

Rediff.com23 Dec 2015

The telecom industry is moving towards a five-plus one model.

LIC buys shares of RCom

LIC buys shares of RCom

Rediff.com20 Aug 2009

Life Insurance Corporation of India has hiked its stake in Anil Ambani Group company Reliance Communications to 7.02 per cent after buying fresh shares worth Rs 1,274.4 crore through an open market transaction.

RCom gets offers for Rel Infratel stake

RCom gets offers for Rel Infratel stake

Rediff.com31 May 2011

As of March 31, 2010, RCom held a 89.71 per cent stake in Reliance Infratel.

Chinese banks may get Rs 7,000 cr from 3 Anil Ambani firms

Chinese banks may get Rs 7,000 cr from 3 Anil Ambani firms

Rediff.com20 Aug 2020

Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution plan, with the DoT getting nothing if the proposed plan goes ahead.

Admiral Dinesh Kumar Tripathi takes charge as new Navy chief

Admiral Dinesh Kumar Tripathi takes charge as new Navy chief

Rediff.com30 Apr 2024

Admiral Dinesh Kumar Tripathi, who is a communication and electronic warfare specialist, on Tuesday assumed charge as the 26th Navy chief after incumbent R Hari Kumar retired from service.

Alcatel gets $1-billion contract from RCom

Alcatel gets $1-billion contract from RCom

Rediff.com16 Jan 2013

Alcatel-Lucent currently operates a joint venture with Reliance Communications to manage the Indian carrier's network.

Reliance accelerates efforts to roll out 4G services: Ambani

Reliance accelerates efforts to roll out 4G services: Ambani

Rediff.com19 Apr 2014

Officials of Reliance Jio Infocomm claimed to have achieved broadband speeds on their networks that are 10-12 times faster than 3G services.

RCom spurts 17% after deal with RIL arm

RCom spurts 17% after deal with RIL arm

Rediff.com2 Apr 2013

Under the pact, Mukesh Ambani-led Reliance Industries' telecom arm will hire nationwide optical fibre network of Reliance Communications for rollout of 4G services.

Mukesh Ambani gets 2nd email threat with Rs 200 cr demand

Mukesh Ambani gets 2nd email threat with Rs 200 cr demand

Rediff.com29 Oct 2023

Reliance Industries chairman Mukesh Ambani on Saturday received a threat email from an unidentified person seeking Rs 200 crore, the communication coming a day after another email threatened that he would be shot dead if he did not pay Rs 20 crore, a Mumbai police official said.

Now Reliance's name dragged into Invesco, Zee battle

Now Reliance's name dragged into Invesco, Zee battle

Rediff.com13 Oct 2021

Invesco, the single largest shareholder of Zee Entertainment Enterprises Ltd (ZEEL), on Wednesday said it had tried to facilitate a possible deal between Reliance and the company but refuted claims it had pushed for the transaction at a lower valuation. The latest statement from Invesco comes a day after ZEEL chief Punit Goenka told the company's board that Invesco had come with a proposal in February for a merger with certain entities owned by a large Indian group (Strategic Group) with inflated valuation "by at least Rs 10,000 crore". In a statement on Wednesday, Invesco mentioned that Reliance was the large Indian group.

RCom, Sistema in talks to merge telecom biz in India

RCom, Sistema in talks to merge telecom biz in India

Rediff.com15 Jun 2015

The discussions are 'indicative and non-binding' in nature.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

RCom board approves Rel Infratel IPO

RCom board approves Rel Infratel IPO

Rediff.com22 Sep 2009

Reliance Communications, whose board on Tuesday approved the proposal for Reliance Infratel IPO, would also consider fund raising through qualified institutional placement basis at an appropriate time.

R-Comm brings global biz under new brand name

R-Comm brings global biz under new brand name

Rediff.com20 Feb 2008

Reliance Communications brings all its global initiative under a single brand name of Reliance Globalcomm and renames FLAG Telecom as Reliance FLAG.

RCom to hive off DTH, IPTV business

RCom to hive off DTH, IPTV business

Rediff.com18 Jun 2010

Reliance Communications is planning to hive off its direct-to-home and Internet protocol TV businesses into a separate company titled Reliance Digital Works.

Globalcom new umbrella for RCom global services

Globalcom new umbrella for RCom global services

Rediff.com21 Feb 2008

Reliance Globalcom will become the holding company for the global operations of Reliance Communications (which offers voice services like Reliance India Call, Reliance Global Call, Reliance Netcall and Reliance Passport), the submarine cable subsidiary Flag Telecom and the recently acquired US-based Yipes Enterprise Service (an Ethernet technology major).

Why Adani Solar Sought Visas For Chinese

Why Adani Solar Sought Visas For Chinese

Rediff.com8 Jul 2024

In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.

Reliance Jio may not charge a premium for its 5G services initially

Reliance Jio may not charge a premium for its 5G services initially

Rediff.com10 Oct 2022

Reliance Jio may not ask for a premium for its 5G services in the initial stages of the launch, according to sources in the company. The company will roll out 5G commercial services in four cities -Delhi, Mumbai, Chennai, and Kolkata - around Diwali this month and slowly ramp up the processes for other cities, too. A senior executive, when asked whether Jio will charge higher tariffs for 5G against 4G, said: "In the initial stages, customers have to adopt 5G, then they will have to find value in the service, and then one can look at monetisation."

BIG TV to launch 60 new channels

BIG TV to launch 60 new channels

Rediff.com5 May 2010

Reliance BIG TV, the DTH arm of Reliance Communications, is planning to introduce 60 more channels including its own entertainment channels in the next three months, a top company official said.