Reliance Adag

Economy is embarking on strong earnings cycle: HDFC MF

The market currently is fairly valued, but equities will always be volatile in near term, says Prashant Jain, CIO of HDFC Mutual Fund, adding that one must invest into equities at any point the market corrects due to global reasons.

Ola in talks with PSUs for corporate offering

"Ola Corporate's strength lies in providing agile solutions which help organisations in designing and customising their travel policies while streamlining the entire process. We are in talks with many PSUs and by next year, we would have a long list of PSUs using our service," Ola Head (Corporate) Ankit Jain told PTI.

Delhi govt attacks BSES-run discoms, calls Ambani for meeting

In a letter to Ambani, Delhi Power Minister Satyender Jain asked him to come down to the city next week for a meeting, alleging that the discoms that supply power to nearly 70 per cent of the city have started "fudging" data to show improvement following stern warnings from the government.

Bad loans: Mallya not the only one giving banks sleepless nights

For the past week the 9,000 crore rupee loss that Vijay Mallya has caused the banking system has dominated headlines and mind space.

To exit cement, road businesses fully: Reliance Infra

Lalit Jalan, Group Director-Strategy & Corporate Affairs--Reliance ADAG, tells CNBC-TV18 that the Group is selling non-core assets as it needs funds to invest its defence business.

RCOM-Rel Jio spectrum sharing on expected lines: Fitch

Nitin Soni of Fitch Ratings says it is very important for Reliance Jio to have access to the contiguous 800 MHz spectrum in the overlapping 10 circles where it does not have that kind of a spectrum.

A Raja 'misled' Manmohan Singh in 2G allocation: CBI

Commencing final arguments in the case, Special Public Prosecutor Anand Grover said that Raja, in conspiracy with other accused, had advanced the cut-off date to favour accused firms in allocation of 2G licences.

2G: Tina Ambani deposes, says has no role in Reliance ADAG

A day after her husband and Reliance ADAG Chairman Anil Ambani's deposition as a CBI witness, she told the court that she has never been associated with any firm of Reliance ADAG.

SC to hear plea against order summoning Anil Ambani

Reliance ADAG chairman Anil Ambani was directed a trial court to appear on July 26 inthe 2G spectrum case, hours after the SC decided to hear Reliance Telecom's plea on Tuesday.

What will that 'cheap China loan' cost RCom?

Since there's no such thing as a free lunch – or an ultra-cheap loan – what are the Chinese banks' motives in taking a large bet on Anil's empire?

Swan says it is not co-conspirator

Swan Telecom today sought its discharge from the 2G case by claiming in a Delhi court that it cannot be held a co-conspirator with former Telecom Minister A Raja as besides it, many firms, including Tata Teleservices and Datacom, were also ready with demand drafts of Rs 1659 crore to get licenses.

2G scam: Court allows IT dept to quiz Raja and five others

A Delhi court today allowed the Income Tax department to interrogate six accused, including former Telecom Minister A Raja, arrested for their alleged involvement in the 2G scam, in judicial custody itself.

2G case: Court allows CBI to quiz A Raja, 2 others

A Delhi court today allowed CBI to interrogate afresh former Telecom Minister A Raja and two other accused in the 2G case in the Patiala House court complex.

RIL may have replied on CAG audit to Oil Min & DGH

CNBC-TV18's exclusive sources indicate that RIL could have sent a voluminous reply on the CAG audit to the oil ministry and DGH. The reply cities 'misrepresentation of reading on KG D6', shares CNBC-TV18's Nayantara Rai.

Saraswat Bank, ADAG in tie-up to sell core banking solution

Leading co-operative lender Saraswat Bank has tied up with Reliance ADAG under which the Anil Ambani-led group will market a core banking solution developed by the bank's infotech subsidiary.

Court asks CBI to respond to plea of Swan co-promoter

A Delhi court today directed CBI to file its reply on a plea of co-promoter of Swan Telecom Vinod Goenka, an accused in the 2G scam, seeking permission to sign a resolution to appoint an additional director in a company in which he is also a director.

Pleas against Tata, Ambani were genuine: Balwa's counsel

In an interview with CNBC-TV18, Vijay Agarwal, Counsel for Shahid Balwa said that the court dismissed the plea saying that the applications lacked of substance on the matter and took unnecessary time of court.

Role of Reliance officials minimal in 2G scam: Delhi HC

The marathon hearing on the bail plea of five corporate honchos jailed in connection with the 2G spectrum case today entered the fifth day in Delhi High Court with three top Reliance ADAG officials claiming that their role in the "massive" scam was "minimal".

2G trail: Delhi HC adjourns bail hearing till May 2

On 2G trail, the Delhi High Court adjourned the bail hearing of the five corporate honchos, Sanjay Chandra, Vinod Goenka and Reliance ADAG, who have been in Tihar Jail for over 1 week. CNBC-TV18’s Rituparno Bhuyan reports on the Delhi HC’s action on why the hearing was adjourned till May 2.

2G scam: Will move HC by tomorrow, says Rel ADAG Counsel

The trial court has rejected bail to five accused in the 2G case. These include Unitech's managing director Sanjay Chandra, Swan Telecom's director Vinod Goenka and three Reliance ADAG executives. In an interview with CNBC-TV18’s Shreen Bhan, Ranjit Kumar, Counsel for the ADAG Executives says, the company will move the High Court by tomorrow.

Bail denial to 5 accused in 2G scam surprising: Jethmalani

The trial court has rejected bail to five accused in the 2G case. In an interview with CNBC-TV18’s Udayan Mukherjee, Mahesh Jethmalani, Senior Counsel, Supreme Court says, that is unfortunate and comes as a surprise. According to him, nobody should be incarcerated unnecessarily.

See no impact on projects due to 2G scam: DB Realty

Even though the DB Realty is sailing in a sinking boat, the company thinks that it will not affect its forthcoming projects.

Trial court rejects bail to five accused in 2G scam

The trial court has rejected bail to five accused in the 2G case. These include Unitech's managing director Sanjay Chandra, Swan Telecom's director Vinod Goenka and three Reliance ADAG executives. This includes managing director Gautam Doshi, senior vice-president Hari Nair and group president Surendra Pipara.

Bad corporate newsflow can turn the mkt mood: Udayan

CNBC-TV18’s Managing Editor Udayan Mukherjee says, in a scenario, where the market is trying to put intermediate or short-term bottom in place and trying to edge higher and if you get suddenly bad corporate news flow then the mood can turn quite swiftly.