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31 Jul, 2010

Reliance's Infotel raises $500 million from RBS consortium: Report

The fund raising was completed by June-end, and the cheque has already been presented to Reliance Industries, said a banker, who was one of the three sources.


Source: DNA Money

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23 Jul, 2010

SC refuses to stay Rs 800-cr fine on RComm, Tata Tele

The Supreme Court on Friday refused to stay the telecom tribunal's decision that allowed state-owned BSNL to levy charges of around Rs 800 crore on Tata Teleservices and Reliance Communion for alleged wrongful routing of calls.


Source: The Financial Express

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20 Jul, 2010

Sell Reliance Communications: Irani

If there is rise in Reliance Communication because of some more developements which may happen in the coming few days, advising investors who are missed out in selling so far to use that as an opportunity to sell, says Mehraboon Irani of Centrum Broking.


Source: Moneycontrol.com

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20 Jul, 2010

Etisalat close to buying 26% in RCom

The deal is estimated to be worth $3 billion.


Source: Sify.com

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19 Jul, 2010

Reliance Comm can test Rs 220-223: Anu Jain

Reliance Communications can test Rs 220-223, says Anu Jain, IIFL Private Wealth Management, India Infoline.


Source: Moneycontrol.com

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19 Jul, 2010

RComm rises on Etisalat stake buy report

Shares in Reliance Communications rose more than 3 per cent on Monday after a Financial Times report Emirates Telecommunications(Etisalat) was close to buying 26 per cent stake in the Indian


Source: Sify.com

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19 Jul, 2010

Etisalat close to buy 26% in Rel Comm; stk gains

Etisalat is close to buying 26% in Rel Comm. EtisalatRel Comm deal is seen at USD 3 billion, quoting Agencies, reports CNBCTV18. Reliance Communications touched an intraday high of Rs 194.45 and an intraday low of Rs 186. At 09:30 hrs the share was quoting at Rs 191.85, up Rs 4.75, or 2.54%.


Source: Moneycontrol.com

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19 Jul, 2010

'Etisalat close to buying 26% in RComm'

Emirates Telecommunications Corp (Etisalat) is close to buying a 26 per cent stake in No. 2 Indian telecoms firm Reliance Communications, the Financial Times reported, citing people familiar with the


Source: Sify.com

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19 Jul, 2010

RCom adds 2.8 mn users in June

The company added 2.8 million wireless subscribers on its GSM and CDMA platforms in the month of June, RCom said in a statement. RCom offers telephony services on both GSM and CDMA platforms.


Source: Rediff.com

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19 Jul, 2010

Reliance Communications rises on Etisalat stake buy report

Shares in Reliance Communications rose more than 3% on Monday after a Financial Times report stated Emirates Telecommunications was close to buying 26% stake in the Indian firm.


Source: DNA Money

Click here for the full article.