The editorial had stated that Reliance Defence’s “track record in the field was too new to inspire confidence”.
28 Nov 2017 12:44 AM
Rahul said Reliance Defence Limited has been picked to partner French firm Dassault in an act of 'crony capitalism'.
16 Nov 2017 2:29 PM
RCom, in its debt restructuring plan said lenders could turn part of debt into equity by taking up 51 per cent stake in company.
07 Nov 2017 8:59 AM
The announcement comes after the unravelling of its previous debt repayment plan, which had hinged on merging with rival Aircel.
31 Oct 2017 11:26 AM
RCom said it has made a comprehensive 'debt resolution plan to its domestic and foreign lenders'.
30 Oct 2017 8:43 PM
RCom, controlled by billionaire Anil Ambani, will retain debt of Rs 60 billion after the completion of the new repayment plan.
30 Oct 2017 7:59 PM
Earlier this month, Anil Ambani-owned Reliance Communications called off a merger deal with Aircel.
26 Oct 2017 12:31 PM
The company’s more than 40 million customers will have to upgrade to 4G or migrate to other operators, the sources said.
26 Oct 2017 4:51 AM
Anil Ambani, the younger son of the illustrious Dhirubhai Ambani, commands an enviable position in the list of Indian business magnates.
15 Oct 2017 3:18 AM
Wipro's Azim Premji is distant second with a net worth of USD 19 billion, while Sun Pharma's Dilip Shanghvi has slipped to the ninth.
05 Oct 2017 3:54 PM
The company expanded its board by inducting senior executives as additional directors, according to the filing.
02 Oct 2017 1:57 PM
RCom also blamed high level of competition as one of the reasons for termination of the merger talks.
02 Oct 2017 9:55 AM
Cites legal and regulatory hurdles as reasons to pull out of the deal.
02 Oct 2017 2:19 AM
Chairman Anil Ambani says Reliance Group is serious on defence sector despite intense competition.
27 Sep 2017 10:51 AM
Rcom has a debt of Rs 45,000 crore and has been given a moratorium till this December.
26 Sep 2017 8:05 PM
The company had registered a profit of Rs 90 crore in the same period in 2016.
12 Aug 2017 8:24 PM
Industrialist Anil Ambani today said India's mutual fund industry is today poised for its Jan Dhan moment.
29 Jun 2017 12:08 PM
With the promise of 'One Nation, One Tax, One Market', GST would create a borderless world of 1.3 billion people, he said.
29 Jun 2017 11:19 AM
Manoj Sinha's meeting with the telecom bigwigs comes amid a raging financial crisis in the telecom sector.
23 Jun 2017 9:40 AM
RCom will receive Rs 11,000 crore from sale of its tower business to Canadian firm Brookfield Infrastructure.
22 Jun 2017 9:54 AM