Reliance Infocomm may go public in 2005, Mukesh Ambani, chairman of Reliance Industries said in New York on Thursday.
The Advertising Standards Council of India has found Reliance Infocomm's advertisements on WLL telephony misleading for not mentioning conditions applicable with schemes and giving false information on services like roaming.
Reliance Infocomm is once again giving incumbents Bharat Sanchar Nigam and Mahanagar Telephone Nigam Ltd a run for their money.
After having settled the ownership issue with his brother Anil Ambani, Mukesh on Monday sent an "emotional" farewell message to the employees of Reliance Infocomm, considered his pet project.
Reliance Infocomm Ltd has launched two new plans, Budget 149 and Budget 249, with monthly rental of Rs 149 and Rs 249 respectively, for users who would like to limit their monthly spend.
Reliance Infocomm Ltd has been awarded Georgraphic Information Systems award for using this technology extensively for providing basic and wireless telecommunication services in more than 600 cities and towns in India.
The latest offering by Reliance Infocomm to popularise its Reliance IndiaMobile wireless in local loop service has met with unexpected success in Kolkata, helping the company to emerge as the largest operator in the post-paid segment.
Reliance Infocomm activated over 250,000 connections within two days of rolling out its Monsoon Hungama scheme on Wednesday.
The Supreme Court on Thursday admitted an appeal by Reliance Infocomm against a government order imposing Rs 150 crore penalty for violating telecom licensing conditions by diverting international calls as local ones.
Reliance Infocomm has paid Rs 130 crore (Rs 1.3 billion) to BSNL as part of its last payment due to the PSU for re-routing international calls.
In a 'goodwill gesture', Tata Teleservices on Tuesday withdrew a petition it had filed against Reliance Infocomm before TDSAT.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
The Mukesh Ambani-controlled Reliance Infocomm on Sunday said it had invested over Rs 14,000 crore towards rolling out its information and communication infrastructure, and dismissed allegations of huge bad debt.
Reliance Infocomm's wireless data connectivity service has proved to be a money-spinner for the telecom service provider, which has recorded a 70 per cent growth in the last four months.
The Supreme Court on Monday stayed proceedings before the Delhi High Court on a petition filed by Reliance Infocomm challenging BSNL's decision to impose a penalty of Rs 182.7 crore (Rs 1.82 billion) for alleged re-routing of international calls as l
Reliance Infocomm Ltd has commenced work on setting up its telecom network in Jammu and Kashmir, while the private telephony major is all set to commission its operations in Andaman & Nicobar Islands.
Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.
CBI sources said Reliance Infocomm CEO in Chennai Som Sundaram was summoned to the investigating agency's office and asked about the process of functioning of Reliance phones. \n\n
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