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Fed minutes spark sell off; volatility back in market
May 23, 2013 at 19:47 | Source: CNBC-TV18
The minutes of last nights Fed meeting seemed to suggest that a lot of members of the Fed did not want quantitative easing (QE) to continue, which sparked of sell-off in the late trade, in the US market.
Reliance Capital Q4 net drops 20%, tax reversal saves show
May 16, 2013 at 15:42 | Source: Moneycontrol.com
Reliance Capital reported a 20% y-o-y drop in its fourth quarter consolidated net profit to Rs 156 crore, driven by lower income from operations. Without a reversal of Rs 85 crore tax provisions net profit would have tanked 75 percent to Rs 71 crore.
Reliance Infrastructure Q4 cons PAT up 76% at Rs 725 crore
May 15, 2013 at 09:39 | Source: PTI
Reliance Infrastructure's total income in fourth quarter was down to Rs 6187 crore from Rs 7135 crore, a year ago. The company posted 76 per cent jump in net profit at Rs 726 cror.
Hope to conclude Rel Globalcom stake sale by May-end: RCom
May 13, 2013 at 11:36 | Source: CNBC-TV18
RCom is also betting on more network-sharing deals with Reliance Industries, controlled by Anil Ambani's older brother, Mukesh, India's richest man, which is readying a nationwide 4G network, after a pact to lease out its inter-city fibre optics network.
Reliance Communications to use CDMA spectrum for data
May 11, 2013 at 13:32 | Source: PTI
Anil Dhirubhai Ambani's flagship company Reliance Communications said it would use CDMA spectrum for providing wireless Internet services to increase revenues.
Reliance Communications Q4 net boosted by other income
May 10, 2013 at 17:53 | Source: Moneycontrol.com
Reliance Communications fourth quarter (Q4) results will go down as disappointment. Other income of Rs 826 crore helped telecom major to report profits of Rs 307 crore.

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Fed minutes spark sell off; volatility back in market
Hope to conclude Rel Globalcom stake sale by May-end: RCom
Logical for Reliance Jio, RCom to share towers: ICICI Sec
Upmove seen in Nifty might have more legs
Rel Jio, RComm rings high on sentiments: Udayan
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Reliance Jio plans Rs7,000 cr outlay on 4G in east, N-E
Reliance Jio Infocomm, the telecom arm of Mukesh Ambani's Reliance Industries Ltd, will invest Rs7,000 crore in rolling out 4G networks in eastern and north-eastern states. Of this, Rs3,000 crore is ...
May 24, 2013 at 00:37 | Source: DomainB
Reliance Jio plans to launch 4G broadband services by March
Kolkata, May 22: Reliance Jio’s 4G broadband services are likely to be rolled out by March 2014. According to Tarun Jhunjhunwala, Business Head and State Mentor – East, Kolkata is likely ...
May 22, 2013 at 23:32 | Source: The Hindu BusinessLine
Reliance Jio to invest Rs 3000cr in Bengal, 4G by March
KOLKATA: Mukesh Ambani controlled Jio Infocomm Ltd is planning to roll out 4G wireless broadband services in West Bengal by March, 2014 and planning to infuse Rs 3,000 crore into the state. "We will ...
May 22, 2013 at 19:06 | Source: Economic Times
Vodafone eyes pan-India rollout of 3G network; open to buying spectrum from rivals
NEW DELHI: Having earned Rs 2,000 crore from data in the last fiscal, a 50% jump when compared to the year-ago period, the Indian arm of Vodafone wants to build a pan-India 3G network and is open to ...
May 22, 2013 at 06:21 | Source: Economic Times
Essar Energy signs $1 billion loan deal with China
Domestic and Chinese firms signed as many as 20 trade and trade finance pacts on Tuesday totaling $1.5 billion with Essar Energy topping the deal sheet with a $1-billion loan agreement with China Dev...
May 21, 2013 at 23:20 | Source: Business Today
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