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SBI slams Anil Ambani. says RCom loan account is 'fraud'

State Bank of India has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and to report the name of its erstwhile director -- Anil Ambani to the......

RCIL stake in Infocomm transferred to third firm

Reliance Communications and Infrastructure Ltd, the holding company of Reliance Infocomm, has in effect transferred its holding in Reliance Infocomm to a third company, Reliance Mobile.Reliance......

RCIL upped valuation 250-fold in 1 year

Did the parent company of Reliance Infocomm improve its valuation 250-fold in the space of a year? That is the question raised by new evidence on the sequence of share issues by Reliance......

RCIL arms book Rs 98cr from ONGC stock sale

Smart Entrepreneur Solutions and Smart Infosolutions, subsidiaries of Reliance Communications Infrastructure Ltd, jointly sold 8.6 million shares of ONGC in early trade on the Bombay Stock Exchange......

I-T turns heat on Mukesh

The income-tax department has slapped a Rs 1,156-crore (Rs 11.56 billion) tax claim on Reliance Industries chairman Mukesh Ambani for the 2004-05 assessment year. The issue dates back to March 2004......

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