Reliance - Latest News on Reliance | Read Breaking News on Zee News

RCOM shares fall on share sale below market price

Last Updated: Wednesday, June 25, 2014, 12:17

Shares of leading telecom operator Reliance Communications (RCOM) fell Wednesday after the company priced a proposed share sale for institutional investors at a discount to the current market price.

RCom raises Rs 4,800 cr in the biggest fund-raising by a pvt co

Last Updated: Wednesday, June 25, 2014, 11:31

The company, which opened the qualified institutional placement (QIP) at a price of Rs 142.13 a share, got total bids of more than Rs 12,000 crore, of which it retained Rs 4,800 crore, sources said.

Reliance Comm raises Rs 48 billion via share sale: Sources

Last Updated: Wednesday, June 25, 2014, 10:49

People familiar with the matter said the company received total bids of about Rs 120 billion.

Reliance Comm falls after launching share sale

Last Updated: Wednesday, June 25, 2014, 09:45

Shares of Reliance Communications Ltd fell 2.2 percent after the company said on Tuesday it is launching a share sale to institutional investors as it looks to reduce debt.

Ask fare committee to decide Mumbai Metro fares: HC to Centre

Last Updated: Tuesday, June 24, 2014, 18:04

The Bombay High Court Tuesday asked the Centre to direct the fare fixation committee to expeditiously fix the tariff of the 11.4-km Mumbai Metro rail corridor which connects Versova in the west to Ghatkopar in the east.

RCom to raise Rs 4,300 crore from investors, promoters

Last Updated: Tuesday, June 24, 2014, 18:01

The offer price of the QIP has been fixed at Rs 142.13 a share, which is a 5 percent discount to the floor price of Rs 149.61.

HC dismisses MMRDA petition challenging Mumbai metro fare hike

Last Updated: Tuesday, June 24, 2014, 17:53

The Bombay High Court on Tuesday dismissed a petition filed by the Mumbai Metropolitan Region Development Authority (MMRDA) where in it challenged the fare hike of the Mumbai metro by Reliance Infrastructure.

Reliance Growth Fund touches a net asset value of Rs 600

Last Updated: Sunday, June 22, 2014, 02:03

Reliance Capital Asset Management's open-ended equity growth scheme, Reliance Growth Fund, has achieved a net asset value (NAV) of Rs 600.

Crisis in Iraq will lead to spike in inflation: Mukesh Ambani

Last Updated: Thursday, June 19, 2014, 22:11

Mukesh Ambani, chairman of Reliance Industries which operates the world's largest single-location oil refinery at Jamnagar, Thursday said the crisis in Iraq will lead to higher fuel prices which in turn will raise inflation.

Gas price hike: Mukesh Ambani says will win public trust

Last Updated: Wednesday, June 18, 2014, 19:24

Facing criticism from certain political quarters over natural gas price hike, Reliance Industries Chairman Mukesh Ambani Wednesday expressed confidence the company will win public trust as it believes in creating wealth and livelihood for millions in a transparent manner.

Reliance plans Rs 1.8 lakh cr spending; to start 4G next year

Last Updated: Wednesday, June 18, 2014, 18:44

Reliance Industries will start offering 4G telecom services next year and unveiled a Rs 1.8 lakh crore investment plan across businesses aimed at catapulting it into the top 50 companies of the world.

RIL 40th AGM: Full text of Mukesh Ambani's speech

Last Updated: Wednesday, June 18, 2014, 17:12

Here is the full text of Mukesh Ambani's speech