News from other websites on Anil Ambani
‘Privatisation of discoms best solution in long run’
Jun 19, 2013 at 01:02 | Source: The Hindu BusinessLine
At a time when most power producers are facing fuel supply problems, the Anil Ambani-promoted Rs 18,948-crore Reliance Power claims it has insulated its projects from fuel constraints. The company expects to complete commissioning of five remaining ...
Cheaper roaming charges: Customers may get to pay 30% less for it from July 1
Jun 18, 2013 at 07:21 | Source: Economic Times
NEW DELHI: The telecom regulator has lowered mobile phone roaming charges by up to 30% from next month and allowed operators to float conditional free roaming plans, offering relief to subscribers as well as some companies that were opposing removal...
Nothing secret about PM’s meetings with industrialists: CIC
Jun 11, 2013 at 01:22 | Source: The Hindu BusinessLine
New Delhi, June 10: The meetings between Prime Minister Manmohan Singh, and industry leaders Mukesh Ambani, Anil Ambani and Ratan Tata are not secret, said the Central Information Commission. The order was issued while considering an appeal against ...
CLSA maintains sell on RCom post Rs 12000 cr tower deal
Jun 10, 2013 at 10:00 | Source: NDTV Profit
Global investment bank CLSA maintained its "sell" call on Reliance Communications, India's third-biggest cellular carrier by customers, citing huge debts. The brokerage has a target of Rs 112 on the stock. Anil Ambani promot...
Reliance General Insurance hopes to grow 20% this fiscal
Jun 09, 2013 at 18:47 | Source: The Hindu BusinessLine
Mumbai, Jun 9: Private sector general insurer Reliance General Insurance expects to grow around 20 per cent in the current financial year, a top company official said. “We hope to grow around 20 per cent in this fiscal. Our focus is on growing...
RBI to come out with paper on banking structure: D Subbarao
Jun 09, 2013 at 13:25 | Source: DNA India
RBI will come out with a paper on the banking structure in the country discussing issues like consolidation even as it prepares to issue new bank licences after a decade. RBI will also involve enforcement agencies and tax authorities before it issue...
Jun 08, 2013 at 13:32 | Source: Calcutta Telegraph News
Mumbai, June 7: Mukesh Ambani’s Reliance Jio Infocomm and Anil Ambani’s Reliance Communications (R-Com) have signed a Rs 12,000-crore deal that lets Reliance Jio use the telecom towers of R-Com to launch its fourth-generation (4G) servic...
RCom may revive plans to sell stake in tower unit
Jun 08, 2013 at 13:32 | Source: The Hindu BusinessLine
New Delhi, June 7: Reliance Communications may renew efforts to sell equity stake in its tower unit after the deal with Reliance Jio. RCom had tried to sell equity in its tower subsidiary Reliance Infratel twice but did not succeed. But now with ass...
Anil Ambani's debt ridden RCom can draw comfort from Reliance Jio deal
Jun 08, 2013 at 13:32 | Source: Economic Times
The agreement signed by Reliance Communications with Reliance Jio - the telecom arm of Mukesh-Ambani-controlled Reliance Industries - to share the tower infrastructure of RCom - for which the value has been assigned at Rs 12,000 crore for the lifetim...
Mukesh Ambani's Jio to rent RCom towers in Rs12,000 cr deal
Jun 07, 2013 at 23:17 | Source: DomainB
Brothers Mukesh and Anil Ambani, who head two of India's largest business conglomerates, today announced a Rs12,000-crore deal in which Mukesh Ambani's Reliance Industries Ltd will use telecom towers of Reliance Communications Ltd, part of the Anil ...
Brothers in Arms: Why Mukesh and Anil Ambani signed their Rs 12,000-cr tower deal
Jun 07, 2013 at 22:41 | Source: Business Today
RIL Chairman Mukesh Ambani (right) with brother ADAG Chairman Anil Ambani at an event. FILE PHOTO: Reuters Sunny SenGurdeep Singh, CEO of Reliance Communications (RCom) wireless business, has had a busy day. The Anil Ambani-owned RCom signed a Rs 12...
Eye on the market: Thumbs up for RCom
Jun 07, 2013 at 22:41 | Source: Business Today
PHOTO: Reuters Mahesh NayakAfter a long spell of underperformance, Anil Ambani's Reliance Communications (better known as RCom) has bounced back. Its stock price hit its 52-week high of Rs 119.90 following the news that the company had signed a Rs 1...
Weak rupee, bank slide pull Sensex to near one-month low
Jun 07, 2013 at 16:42 | Source: FirstPost
The Indian market fell for a second consecutive session today to mark their lowest close in almost a month on a weak rupee.The BSE Sensex closed at 19429.23, down 0.46 percent, while the Nifty closed at 5881.00, down 0.68 percent.Meanwhile, the Reser...
Jun 07, 2013 at 14:46 | Source: Business Today
A January 2013 file photo of RIL Chairman Mukesh Ambani (R) and Reliance ADAG Chairman Anil Ambani at an event in Gujarat. PHOTO: REUTERS/Amit Dave It is a big step forward in the reconciliation process between the Ambani siblings. However, the tele...
Why RCom shares did not react to Rs 12000 cr deal with Reliance Jio
Jun 07, 2013 at 14:00 | Source: NDTV Profit
When Mukesh Ambani's Reliance Jio Infocomm announced a Rs 1,200-crore deal with younger brother Anil Ambani's Reliance Communications, RCom shares shot up 11 per cent. But on Friday, after the two companies inked a much biggest Rs 12,...
Reliance Jio, RCom sign Rs 12000 deal: top 5 facts
Jun 07, 2013 at 14:00 | Source: NDTV Profit
Reliance Jio Infocomm, the telecom arm of the Mukesh Ambani-controlled Reliance industries Ltd, and Reliance Communications, the flagship firm of younger brother Anil Ambani-run Reliance ADAG Group, have entered into a Rs 12,000 crore agreement for ...
RCom hits 52-week high on Rs 12,000 crore pact with Reliance Jio
Jun 07, 2013 at 13:06 | Source: Economic Times
MUMBAI: Anil Ambani-owned Reliance Communications (RCom) has signed a Rs 12,000 crore pact with Reliance Industries's subsidiary Reliance JioInfocomm for sharing telecom towers. The stock slipped in red after hitting its 52-week high of Rs 119.90 in...
Ambanis join hands again with Rs 12,000 cr tower deal
Jun 07, 2013 at 12:31 | Source: Business Today
A file photo of Anil Ambani and Mukesh Ambani The Ambani brothers have again come together in the telecom sector. Reliance Jio Infocomm, the telecom arm of Mukesh Ambani group, and Anil Ambani-controlled RCom on Friday announced the signing of Rs 12...
Reliance Industries, Reliance Communications strike more than Rs 12000 crore telecom tower pact
Jun 07, 2013 at 12:31 | Source: Economic Times
NEW DELHI: Reliance Industries Ltd's telecommunications unit will lease up to 45,000 mobile masts from Reliance Communications Ltd in a deal valued at more than Rs 12000 crore ($2.1 billion) over the lifetime of the contract, the companies said on Fr...
Ambani brothers in new deal, this time for telecom towers
Jun 07, 2013 at 12:15 | Source: DNA India
The two telecom ventures headed by the Ambani brothers, Mukesh and Anil, Friday announced yet another accord - this time to share the nation-wide telecom towers infrastructure of Reliance Communications. The aggregate value is at over Rs12,000 crore...
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