Anil Ambani group company FLAG Telecom on Wednesday announced the appointment of Punit Garg, who was heading Reliance Infocomm's international business, as its president.\n\n
Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.
Setting aside security concerns, state-run Pakistan Telecommunications Company Limited has signed MoUs with India's telecom giant Reliance Infocomm to provide cable link between the two countries through the Wagah border
Reliance Infocomm has launched Reliance India card that facilitates calls from its mobile or fixed wireless phone to any of its phone anywhere across the country at Re 1 minute and all other calls, including national long distance, at Rs 2 a minute.
Reliance Infocomm on Thursday got a temporary relief from paying Rs 150 crore (Rs 1.5 billion) penalty imposed by the government on charges of illegal routing of international calls, with the telecom dispute appellate tribunal TDSAT directing that th
Reliance Infocomm Ltd will promote movies over its CDMA-based WLL service, IndiaMobile, even as it is set to promote Yash Johar's Kal Ho Naa Ho as its maiden initiative.\n\n\n\n
Reliance Infocomm on Monday announced its entry into the pre-paid segment with its new scheme where the customers could get a Motorola C131 mobile phone for Rs 3,500.
Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was lower when compared to Rs 17,394 crore earnings in the preceding three months ended September 30.
Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.
In 2006, CBI registered a case against six top officials, including Manoj Modi, of Reliance Infocomm which has now been transferred to the Anil Ambani group as part of the family settlement that divided the Reliance Empire.
Reliance Infocomm Ltd has deployed its first wireless Point of Sale terminal in Mumbai for processing credit card transactions.\n\n\n\n
Reliance Communications (formerly Reliance Infocomm) Chairman Anil Ambani was on Friday summoned by a city consumer forum to personally appear before it on August 30 in connection with a complaint.
Reliance Infocomm has offered 83 paise per minute across five sectors, including the United States and Canada.
Reliance vice chairman Anil Ambani has sought a government probe into tapping of his phones by "unscrupulous individuals" working for Reliance Infocomm, headed by his elder brother Mukesh, even as the camps of two brothers are negotiating a settlemen
The letter demands a full discussion on the shareholding in Reliance Infocomm at the December 27 meeting.
Reliance Infocomm Ltd is planning to initiate talks with Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd on the ongoing Point of Interconnectivity issue