Telephony major Reliance Communications is believed to have short-listed three global IT companies - IBM, EDS and T-Systems - for its $1.5 billion outsourcing contract.
Flag Telecom, a 100 per cent subsidiary of Reliance Communication (RComm), has mandated Goldman Sachs and Deutsche Bank as lead managers for the maiden initial public offering (IPO) on the London Stock Exchange.
R-Money, the Anil Ambani group's retail brokerage arm, will introduce gold coins in smaller denominations of half gram and one gram in the market. The market is currently dominated by 5-gm and 8-gm coins.
Investors in Anil Ambani group firm Reliance Communications have reaped a windfall with the company adding over Rs 50,000 crore (Rs 500 billion) in its market cap since its listing on the bourses last year.
Anil Ambani Group never sought clarification before bids closed, says DGH.
The Anil Ambani group company has tied-up with an online video networking firm, CrickeM.com, to enable customers to upload, view and share their cricket videos with the rest of the world.
Two days after assuming the charge of the companies demerged from the Reliance conglomerate, Anil Dhirubhai Ambani Friday announced his first project -- Dhirubhai Ambani Institute of Information Technology.
The agreements between the four new companies transferred to Anil Ambani and his elder brother Mukesh's flagship company Reliance Industries may become the bone of contention.
Foreign institutional investors have been allowed to invest up to Rs 5,400 crore (Rs 54 billion) in Reliance Communications through ADRs or GDRs.
A new round of conflict started on Friday between the Ambani brothers, with the faction led by Mukesh
After making its entry into the Bombay Stock Exchange's benchmark 30-share index Sensex in May
Higher price will lead to hike in fertiliser subsidy while a lower price will hit returns.
In a development that could prove to be a major setback for Anil Ambani group, the E Sreedharan Committee, entrusted with the task of revaluating the bids and procedure for the Rs 5,400 crore
Reliance Communications is in discussions with American billionaire and financier George Soros to raise funds for the Hutch-Essar acquisition.
Reliance Industries Ltd, whose gas pricing formula has been questioned by Anil Dhirubhai Ambani Group company Reliance Natural Resources Ltd, has said that the company has not breached a Bombay high court order.
The Securities Appellate Tribunal has stayed the order of market regulator SEBI suspending Anil Ambani Group's brokerage firm, Reliance Shares and Stock Broking Private Ltd for violation of norms.
Reliance Comm wants all of Hutch Essar at one go.
After the 1,200-acre special economic zone at Noida and the Anil Dhirubhai Ambani Group's gas-based power plant at Dadri, Lanco Kundapalli's 1,000-Mw Anpara C power project in Sonebhadra district of Uttar Pradesh has come under the scanner
Anil Ambani is eyeing the fast-growing GSM-based service with massive expansion plans in eight circles at an estimated investment of Rs 1,600 crore (Rs 16 billion).
Anil Ambani Group firm Reliance Capital on Monday sold its entire stake in another group company Reliance Energy to other promoters in a block deal on the bourses, booking profits of about Rs 350 crore (Rs 3.5 billion).
The Appellate Tribunal for Electricity has set aside an order of Maharashtra Electricity Regulatory Commission against Reliance Energy Ltd on a dispute related to billing complaints by its customers in Mumbai.
Reliance Energy Limited has outbid seven other companies, including Tata Power and GMR, to emerge as the top contender for building India's first fully independent private power transmission lines.
Anil Dhirubhai Ambani group firm Reliance Mutual Fund retains its position as the country's largest fund house having assets of over Rs 48,000 crore (Rs 480 billion).
Maharashtra chief minister Vilas Rao Deshmukh announced on Thursday sanctiong of Rs 2,356 crore for the first corridor of Varsova-Andheri-Ghatkopar rail project jointly to Anil Ambani group company Reliance Energy and MMRDA.
Supreme Court on Tuesday dismissed the appeal of Reliance Airport Developers challenging the government's decision to allot modernisation works of Delhi and Mumbai Airports to GMR and GVK led consortia.
The Reliance Anil Dhirubhai Ambani group (R-ADAG) company has offered to buy the shares at Rs 130.50 (approximately Rs 150 crore in all), a 7 per cent discount on today's market price of Rs 140.20
It is yet to be decided whether the Rs 2,356 crore (Rs 23.56 billion) Phase One of the project is eligible for VGF or not, a key Finance Ministry official told PTI. \n
The Bombay Stock Exchange on Tuesday said no rule was overlooked while deciding to include the company in the Sensex - the elite index of top 30 companies - in place of Tata Power.
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