Reliance Infocomm, headed by Mukesh Ambani, on Tuesday decried the sustained campaign to malign it and its leadership, saying vested interests have tried to sensationalise the allocation of shares.
Reliance Infocomm has launched WebWorldExpress, its largest exclusive retail network chain of 1,160 stores across 680 cities and towns.
Reliance Infocomm has asked the government to reconsider the penalty imposed on it on charges of illegal routing of international calls, saying the telecom ministry's action was "misconceived and unjustified."
Facing a penalty of Rs 150 crore (Rs 1.5 billion) for illegal rerouting of international calls, Reliance Infocomm is understood to have submitted its reply in the appellate telecom tribunal TDSAT justifying its position.
Motorola on Tuesday said it is in talks with Reliance Infocomm to provide set top boxes for the company's Internet Protocol Television rollout in the country.
Under the arrangement, a Reliance India Mobile user with an SBI account will be able to pay the bill amount directly from his account without having to pay any service charges.
Concerned over the alleged scam involving hundreds of crores in re-routing international calls, the Central Bureau of Investigation has launched a probe into working of Reliance Infocomm and some other top private telecom operators.\n
Videsh Sanchar Nigam Ltd may have to take a hit of upto Rs 80 crore (Rs 800 million), with the Tatas-owned company losing a substantial ISD traffic originating from telecom PSU Bharat Sanchar Nigam to Reliance Infocomm.
Aiming to combine technology with history, Reliance Infocomm on Friday said it would provide a 'cyber cafe on wheels' that would give unlimited Internet and telephone connectivity for 24-days during the re-enactment of the 75th anniversary 'Dandi yat
Reliance Infocomm on Monday announced it would cover up to four lakh villages and 5700 cities and towns by December 2005 under its new expansion initiative.
Reliance Infocomm on Wednesday announced a series of investment plans for West Bengal in the infocom sector, including setting up a solution development and service center over the next three years.
Government is looking into the issue of Reliance Infocomm Limited shares to ascertain whether any law has been violated in the allocation of one crore shares to three firms apparently
The CBI in 2006 had registered a case against six top officials, including Manoj Modi, of the company, which has since then been transfered to Anil Ambani as part of family settlement to divide Reliance Empire.
The Supreme Court on Friday directed Reliance Infocomm to pay up a balance Rs 84.7 crore to BSNL for the demand of Rs 182.7 crore made by it for using the 'home country direct' services.
Reliance Infocomm on Monday paid Rs 150 crore (Rs 1.50 billion) penalty to government following dismissal of its petition by telecom tribunal TDSAT on illegal routing of international calls.
Reliance Infocomm said on Tuesday that it will expand its CDMA mobile services to 3600 more towns within four months and expects its subscriber base to touch one crore (10 million) by early next year.
Reliance Infocomm said on Tuesday that it will expand its CDMA mobile services to 3,600 more towns within four months and expects its subscriber base to touch 10 million by early next year.
Reliance Infocomm on Wednesday said it would enter the pre-paid card segment soon for its mobile telecom operations.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
Reliance Communication Inc (USA), owned by Reliance Group, has acquired licence for setting up telecom network in US and UK, a move which will bring down the cost of international long distance calls substantially.
The government has accused Reliance Infocomm of violating the licence by illegally routing international calls as local ones to avoid payment of levies to telecom PSUs.
