Reliance Infratel

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The company is seeking to sell its tower unit, Reliance Infratel Ltd., in a bid to reduce its debt. Reliance may also sell 75 percent of FLAG Telecom, the submarine cable assets held by its unit Reliance Globalcom, in the first half of this year ...
May 26, 2012 at 16:02 | Source: Bloomberg
The Anil Ambani group is expecting that the stake sale in Reliance Infratel will reduce its debt burden of Rs 36,000 crore. Mumbai: The buzz in the market is that Reliance Communications (RCom) is close to selling a stake in its tower unit, Reliance ...
May 14, 2012 at 16:52 | Source: MSN India
RInfra can file rejoinder to Etisalat DB by Mar 14: TDSAT 06-MAR-12 The Telecom tribunal today gave Reliance Infratel (RInfra) time till March 14 to file a rejoinder to Etisalat DB's reply in the Rs 1200-crore dispute between the two firms. Delhi govt asks ...
May 21, 2012 at 21:02 | Source: Business Standard
In recent past, RCom has been exploring various routes of raising funds, including selling stake in its telecom tower arm -- Reliance Infratel, a move that will help the company retire a major chunk of debt on its books. As of quarter ended September 2011 ...
May 22, 2012 at 12:47 | Source: Livemint.com
Reliance Infratel. The group has already sold 26% stake in Reliance Capital to Nippon Life. Many more stretched groups and companies are going in for stake sales, as boom time growth hangover is catching up with many, in the form of mounting debt.
May 22, 2012 at 10:45 | Source: Business Standard
Blackstone may buy Unitech Limited's stake in two SEZs at Gurgaon and Noida and an IT park in Kolkata for R3000Cr. If the deal materialises, Unitech will be able to bring down down its debt, which stands around R5300Cr. The company is planning to reduce ...
May 23, 2012 at 06:26 | Source: dealcurry.com