Feb 17, 2011 01:22 PM IST
Telecom analyst Sanjay Chawla of Antique Stock Broking said the investigations will remain as an overhang on telecom companies.
- Feb 17, 2011 07:59 AM IST
Markets are posed at interesting levels. The next 3-4 days should decide whether the pullback from 5200 was just a corrective move within a larger downtrend or whether markets have indeed bottomed out and are on their way to 5800-6000 band or maybe even more.
- Feb 16, 2011 05:00 PM IST
After the Supreme Court directed the Central Bureau of Investigation (CBI) to go after beneficiaries of the 2G scam, Anil Ambani (who controls India's second largest mobile phone operator Reliance Communication) was seen at the CBI headquarters in New Delhi.
- Feb 14, 2011 09:46 AM IST
Under the scanner for its alleged association with Swan Telecom, Anil Ambani group firm Reliance Communications today said it only held 9.9% equity share capital in the firm at the time of applying for 2G licences and asserted that it did not violate any norms.
- Feb 09, 2011 05:20 PM IST
Billionaire Anil Ambani's Reliance ADA Group on Wednesday blamed a sharp drop in its stocks on what it said was a series of "baseless and motivated rumors" spread by rivals, and said it had complained to the market regulator.
- Feb 09, 2011 11:19 AM IST
Anil Ambani, chairman of The Anil Dhirubhai Ambani Group or ADAG met Telecom Minister Kapil Sibal, reports CNBC-TV18 quoting sources. The visit comes in the backdrop of ongoing 2G probe.
- Jan 17, 2011 10:05 AM IST
CNBC-TV18’s managing editor Udayan Mukherjee finds that if there are any free falls on the ADAG stock, it is likely to be no more than sentiment than anything else.
- Jan 16, 2011 01:43 PM IST
Recent media reports announcing the Securities and Exchange Board of India (SEBI)’s directive regarding the Reliance Infrastructure and RNRL investigation over alleged misrepresentation of investments is completely misleading, says Reliance Group’s Anil Ambani.
- Jan 14, 2011 05:29 PM IST
The Securities and Exchange Board of India (SEBI) has passed a consent order regarding the Reliance Infrastructure and RNRL investigation that showed misrepresentation of investments.
- Jan 05, 2011 01:08 PM IST
Anil Ambani-promoted Reliance MediaWorks has acquired 32% of Emerging Equity in Fame India via open offer, reports CNBC-TV18 quoting sources. Earlier Reliance Media held 12% of Emerging Equity in Fame India.