Having ended a bitter feud with elder brother Mukesh over control of the Rs 100,000 crore (Rs 1000 billion) Reliance empire, Anil Ambani, has embarked on a pilgrimage.
India's largest telecom operator Reliance Jio Infocomm on Friday reported a nearly 24 per cent year-on-year rise in its standalone net profit to Rs 4,335 crore for the June 2022 quarter. Billionaire Mukesh Ambani-led Reliance Jio clocked revenue from operations of Rs 21,873 crore in the just-ended quarter, which was 21.5 per cent higher than the year-ago period, according to a filing.
Reliance Infocomm Ltd and Xavier Institute of Management, Bhubaneshwar have jointly launched an e-learning platform to offer post-graduate courses through virtual classrooms in over 110 cities through 240 Reliance WebWorld outlets.
Consulting, other contracts may mean listing agreement violation.
Three special economic zones promoted by Mukesh Ambani and Anand Jain in Navi Mumbai are among among 36 proposals that got cleared by the Board of Approval on Friday.
Arun Shourie had legitimised Reliance Communications' CDMA-mobile phone offerings on its fixed line licence in 2002 and Telecom Minister A Raja decided to treat its CDMA-licence as a GSM-mobile one to award it GSM spectrum. With such things falling in place for RCom, the firm asked the ministry to allow it to use the 880-890 MHz band. Such incidents indicate that favourable spectrum allotment for RCom & its smooth sailing in the current spectrum issue is not mere coincidence.
Reliance Industries vice chairman Anil Ambani on Thursday met Pradeep Baijal, chairman of Telecom Regulatory Authority of India.
Reliance Infocomm chief Anil Ambani is understood to have raised a number of issues, including interconnection in telecom
Mirroring the growth in cellular services, the basic telecom including the WLL (mobile) services, has touched 31.82 lakh customers, with Reliance Infocomm leading the tally with 16.7 lakh at the end of June this year.
Ramco solutions for Tirupati Devasthanam
Reliance Infocomm, in association with Indian Railway Catering and Tourism Corporation Ltd (IRCTC), has launched the railway ticket booking service through Reliance India Mobile in 120 Indian cities.
Hutch and Aircel jointly lead the customer expectations ranking, ahead of Reliance, Tatas and Bharti as per the latest survey by TNS Celltrack, while MTNL has the dubious distinction of being the last on this overall list covering 13 circles.
In less than 24 hours of issuance of guidelines on unified licence, Reliance Infocomm on Wednesday paid about Rs 1542.5 crore to government to migrate to new single licence regime in 16 circles, but opted to stay out of unification in West Bengal.
State-owned telecom major BSNL has awarded a major chunk of its international traffic to UK and Europe to Sunil Mittal-owned Bharti, virtually eliminating incumbent carrier VSNL.\n
R World tariff structure has been devised keeping in mind customer convenience, affordability and flexibility of use.
Reliance Infocomm has launched an e-recharge facility for its prepaid subscribers offering them with the flexibility to opt for denominations ranging from Rs 55 to Rs 1,100.
A meeting of the board is being convened on December 27 to consider the "proposal for purchase of company's own equity shares, that is buyback of shares," RIL said in a communiqué to the Bombay Stock Exchange on Monday.
China Telecom has selected Reliance-owned Flag Telecom to provide international bandwidth capacity between China and US West Coast, under a multi-million dollar contract.
The Supreme Court on Friday slammed the government for not cancelling the licence of Reliance Infocomm for illegally tapping the telephone of politician Amar Singh on the basis of forged orders. "Why didn't you cancel the licence of the service provider? It's gross negligence. Either the service provider was doing this deliberately or because of its incompetence on the basis of a letter full of errors," said the apex court.
Reliance Infocomm occupies the top place among private operators with maximum number of phone connections at over 1.33 crore (Rs 13.3 million), Communication and IT Minister Dayanidhi Maran informed the Lok Sabha on Wednesday.
Reliance Infocomm will roll out its enterprise and convergence business in the US by 2005, after they become operational in India by the first quarter of 2004.
'Slim Ultra', which the company claims to be the world's slimmest CDMA phone, is priced at Rs 2,999.
Mobile user base, both GSM and CDMA, went up to 3.4 crore during April this year with GSM based cellular operators capturing 2.71 crore subscribers and CDMA based operators like Reliance and Tatas 74.16 lakh.
