rcom

Reliance Communications gets RBI nod for refinancing FCCBs


February 16th, 2012 - 6:25 pm ICT by IANS
New Delhi, Feb 16 (IANS) Reliance Communications Thursday said it has received the Reserve Bank of India (RBI) approval to refinance the $1.18 billion (Rs.5,825 crore) of foreign currency convertible ... Read more...

Posted in Business |

Reliance Communications ties up refinancing for FCCB worth $1.18 bn


January 17th, 2012 - 3:13 pm ICT by IANS
Mumbai, Jan 17 (IANS) Reliance Communications (RCom) Tuesday said it had tied up refinancing for redeeming outstanding foreign currency convertible bonds (FCCBs) worth $1.18 billion (Rs.6,125 crore)."The refinancing is to ... Read more...

Posted in Business |

RCom, DB Realty, Unitech shares soar after bail to executives


November 23rd, 2011 - 7:31 pm ICT by IANS
Mumbai, Nov 23 (IANS) Shares of Reliance Communications, DB Realty and Unitech shot up Wednesday after the Supreme Court granted bail to key executives who are accused of involvement in ... Read more...

Posted in Business |

R-Com appoints Shamik Das as COO of wireless business


November 14th, 2011 - 10:37 pm ICT by IANS
New Delhi, Nov 14 (IANS) Leading telecom operator Reliance Communications (RCom) Monday said it has appointed Shamik Das, former CEO of S Tel, as the joint president and chief operating ... Read more...

Posted in Business |

Reliance Communications bags HDFC’s Rs.1,400 crore order


September 8th, 2011 - 8:17 pm ICT by IANS
New Delhi, Sep 8 (IANS) The Anil Ambani-led Reliance Communications (RCom) Thursday said it has bagged a Rs.1,400 crore order from private lender HDFC for building and maintaining its data ... Read more...

Posted in Business |

Deficient rainfall data wipes out intra-day gains of Sensex (Roundup)


July 14th, 2011 - 7:01 pm ICT by IANS
Mumbai, July 14 (IANS) A day after the three terror blasts in India's commercial capital, Indian equities markets closed on a flat note Thursday, giving up its intra-day gains ... Read more...

Posted in Business |

Sensex consolidates, broader markets rise (Roundup)


July 4th, 2011 - 6:47 pm ICT by IANS
Mumbai, July 4 (IANS) A benchmark index for Indian equities markets Monday closed on a dull note, bogged down by consolidation in heavyweight scrips while broader markets ended the ... Read more...

Posted in Business |

Sensex snaps six-day rally on profit booking (Roundup)


July 1st, 2011 - 7:10 pm ICT by IANS
Mumbai, July 1 (IANS) A benchmark index for Indian equities markets Friday closed 83 points lower on profit booking, snapping a six-day rally.The 30-scrip sensitive index (Sensex) of the ... Read more...

Posted in Business |

Sensex closes 176 points higher despite dull global cues (Roundup)


June 23rd, 2011 - 6:35 pm ICT by IANS
Mumbai, June 23 (IANS) A benchmark index for Indian equities market Thursday closed 176 points higher, shrugging off dull cues from global bourses. Broader markets, however, ended on a ... Read more...

Posted in Business |

Sensex shakes off early weakness, broader markets in red


June 23rd, 2011 - 1:04 pm ICT by IANS
Mumbai, June 23 (IANS) A benchmark index for Indian equities markets Thursday rose a little before noon, having started on a weak note, while broader indices were trading in ... Read more...

Posted in Business |

Reliance Communications says BSNL breached agreement


June 13th, 2011 - 7:44 pm ICT by IANS
New Delhi, June 13 (IANS) Leading telecom service provider Reliance Communications (RCOM), part of the Anil Dhirubhai Ambani Group (ADAG), Monday said the state-owned Bharat Sanchar Nigam Limited (BSNL) had ... Read more...

Posted in Business |

Indian equities markets manage to end flat


June 13th, 2011 - 6:16 pm ICT by IANS
Mumbai, June 13 (IANS) A benchmark index for Indian equities markets Monday managed to pull up from the intra-day lows and close flat in spite of being weighed down ... Read more...

Posted in Business |

Sensex continues to trade listless (Lead)


June 9th, 2011 - 4:35 pm ICT by IANS
Mumbai, June 9 (IANS) A benchmark index for Indian equities markets Thursday continued to trade listless amid dull global cues. A little less than an hour before closing bell, ... Read more...

Posted in Uncategorized |

Reliance Communications examining sale of controlling stake in arm


May 31st, 2011 - 2:36 pm ICT by IANS
New Delhi, May 31 (IANS) Leading mobile services provider Reliance Communications, part of the Anil Dhirubhai Ambani Group (ADAG), Tuesday said it has received offers from several companies for acquiring ... Read more...

Posted in Business |

Sensex gains after sharp sell-off, ends 155 points up (Roundup)


March 31st, 2011 - 7:47 pm ICT by IANS
Mumbai, March 31 (IANS) A benchmark index for Indian equities markets Thursday managed to close 155 points higher, moving up after a late sell-off. Broader market indices, too, pared ... Read more...

Posted in Uncategorized |

Sensex ends higher; RCom, Reliance Infra up


March 9th, 2011 - 7:13 pm ICT by IANS
Mumbai, March 9 (IANS) A benchmark index for Indian equities markets ended marginally higher amid a volatile session Wednesday as gains in realty, auto and energy scrips offset losses ... Read more...

Posted in Business |

Anil Ambani meets CBI to clarify issues relating to telecom matters


February 16th, 2011 - 7:49 pm ICT by ANI
New Delhi, Feb 16 (ANI): Anil Ambani, chairman of the Anil Dhirubhai Ambani Group (ADAG), met Central Bureau of Investigation (CBI) officials here on Wednesday to clarify the ongoing issues, relating to ... Read more...

Posted in National |

CBI summons Anil Ambani in 2G scam case


February 16th, 2011 - 6:27 pm ICT by ANI
New Delhi, Feb 16 (ANI): The Central Bureau of Investigation (CBI) on Wednesday summoned Anil Ambani, chairman of the Anil Dhirubhai Ambani Group (ADAG), for questioning in connection with the 2G spectrum ... Read more...

Posted in National |

Reliance Communications denies involvement in 2G scam


February 13th, 2011 - 9:27 pm ICT by ANI
New Delhi, Feb 13(ANI): Reliance Communications, the flagship company of the Reliance Anil Dhirubhai Ambani Group, on Sunday denied its involvement in the 2G-spectrum allocation scam.Issuing a detailed clarification on the company's ... Read more...

Posted in National |

Reliance Communications raises $255 mn for part-finance of 3G loan


January 18th, 2011 - 6:29 pm ICT by IANS
Mumbai, Jan 18 (IANS) Reliance Communications (RCom), part of the Reliance Anil Dhirubhai Ambani group, Tuesday said it has raised $255 million (Rs.1,155 crore) through external commercial borrowings for partly re-financing ... Read more...

Posted in Business |

Reliance launches 3G services in Punjab


January 13th, 2011 - 9:46 pm ICT by IANS
Chandigarh, Jan 13 (IANS) Leading telecom service provider Reliance Communications (RCOM) Thursday launched its 3G services in Punjab.According to RCOM officials, 3G services will initially be made available to customers in Jalandhar, ... Read more...

Posted in Business |

Sensex holds on to gains despite volatile trade (Lead)


January 11th, 2011 - 3:06 pm ICT by IANS
Mumbai, Jan 11 (IANS) Trading was volatile in Indian equities markets Tuesday with a key benchmark index ruling in a tight range though 98 points higher.The sensitive index (Sensex) of ... Read more...

Posted in Business |

Reliance Communication to get $1.93 bn from China Bank


December 15th, 2010 - 9:20 pm ICT by IANS
Mumbai, Dec 15 (IANS) Reliance Communication, part of the Anil Ambani Group, Wednesday signed an agreement with China Development Bank (CDB) for providing the India telecom major loans worth $1.93 billion. The ... Read more...

Posted in Business |

RCom to seek shareholders’ nod for raising funds


September 27th, 2010 - 10:37 pm ICT by IANS
New Delhi, Sep 27 (IANS) Reliance Communications (RCom) will ask its shareholders for approval for raising funds through issue equity at its annual general meeting (AGM) Tuesday, the company's annual report stated ... Read more...

Posted in Business |

Sensex trades firm after early loss (Lead)


September 24th, 2010 - 3:14 pm ICT by IANS
Mumbai, Sep 24 (IANS) A benchmark index of the Indian equities rose 107 points in afternoon trade Friday on renewed buying across the board. The 30-share sensitive index (Sensex) of the Bombay ... Read more...

Posted in Business |

Profit booking drags Sensex down (Roundup)


September 16th, 2010 - 7:55 pm ICT by IANS
Mumbai, Sep 16 (IANS) A benchmark index for Indian equities Thursday closed 84 points lower on profit booking, although foreign funds pumped in over $500 million. The 30-scrip sensitive index (Sensex) of ... Read more...

Posted in Business |

Sensex closes 408 points higher (Second Lead)


September 13th, 2010 - 5:28 pm ICT by IANS
Mumbai, Sep 13 (IANS) A benchmark index for Indian equities Monday closed 408 points higher, backed by strong global cues. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), ... Read more...

Posted in Business |

Sensex touches Jan 2008 level, Asian rally helps (Lead)


September 13th, 2010 - 3:24 pm ICT by IANS
Mumbai, Sep 13 (IANS) A benchmark index for Indian equities Monday climbed to a level last seen in January 2008 in afternoon trade, breaching the 19,000-points mark. Banking, realty, energy and ... Read more...

Posted in Business |

RCom calls off tower deal with GTL Infra


September 6th, 2010 - 2:41 pm ICT by IANS
New Delhi, Sep 6 (IANS) Anil Ambani-promoted Reliance Communications (RCom) Monday said it is not going ahead with the merger of its telecom tower arm with GTL Infra and would scout for ... Read more...

Posted in Business |

RCom sets up 3G innovation lab in Mumbai


August 30th, 2010 - 6:10 pm ICT by IANS
Mumbai, Aug 30 (IANS) Anil Dhirubhai Ambani Group firm Reliance Communications (RCOM) has set up an integrated third generation (3G) innovation laboratory to develop applications for mobile services consumers. "The objective ... Read more...

Posted in Business |

RCom partners with Nokia to provide personalised content


August 20th, 2010 - 6:51 pm ICT by IANS
New Delhi, Aug 20 (IANS) Anil Ambani-led Reliance Communications (RCom) Friday launched a new service to provide personalised content to subscribers on agriculture, education and entertainment in partnership with Finnish telecom hardware ... Read more...

Posted in Business |

RCom up 4.4 percent, gains after GTL deal


June 28th, 2010 - 3:39 pm ICT by IANS
Mumbai, June 28 (IANS) Reliance Communications (RCom) was trading with robust gains in afternoon trade Monday, after shooting up in the morning on the week-end news of its $11-billion telcom tower deal ... Read more...

Posted in Business |

RCom pays $1.91 billion towards 3G spectrum


May 31st, 2010 - 5:44 pm ICT by IANS
New Delhi, May 31 (IANS) Anil Ambani-led Reliance Communications (RCom) Monday paid Rs.8,585.04 crore ($1.91 billion) towards spectrum fees to the government to start third generation (3G) telecom services. RCom is one ... Read more...

Posted in Business |

3G-auction closes after ensuring over Rs 70,000 crore revenue to Centre


May 19th, 2010 - 10:03 pm ICT by ANI
New Delhi, May 19 (ANI): The auction for 3G licence concluded on Wednesday with bids for pan-India licence touching to the tune of Rs 16,828 crore.The bidding ensures the Union Government a ... Read more...

Posted in National |

Vodafone reaches 100 million subscribers in India


April 8th, 2010 - 6:20 pm ICT by IANS
New Delhi, April 8 (IANS) Mobile telephony provider Vodafone Essar has crossed the landmark of 100 million subscribers in India, the telecom operator said Thursday. After Bharti Airtel and Reliance Communications (RCom), Vodafone ... Read more...

Posted in Business |

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