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RCom aims to lower debt by 37% to Rs 25,500 cr in 1 year

Last Updated: Sunday, August 17, 2014, 18:42

The Anil Ambani-led company plans to use the key infrastructure-- mobile towers and optical fibre-- of his elder brother Mukesh Ambani's company Reliance Jio Infocomm for future expansion rather making its own fresh investments

Reliance Communications Q1 net profit up 22% at Rs 132 cr

Last Updated: Thursday, August 14, 2014, 19:05

Telecom operator Reliance Communications Thursday posted over 22 percent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.

2G scam: Transfer of probe in-charge 'administrative decision', says CBI chief

Last Updated: Wednesday, August 13, 2014, 09:12

Facing Supreme Court criticism for transferring the in-charge of the 2G spectrum allocation probe, CBI Director Ranjit Sinha on Tuesday said it was an administrative decision.

2G Scam: SC asks CBI for records of Swan Telecom probe

Last Updated: Tuesday, August 12, 2014, 19:31

The apex court is said to have asked the investigation agency for records of probe against the Shahid Balwa company which is allegedly a one of the group companies of Anil Ambani-led Reliance Telecom.

Reliance heirs: Akash Ambani, Jai Anmol join business

Last Updated: Friday, August 08, 2014, 10:52

Following in their fathers' footsteps, the third generation Ambani scions have joined Reliance business.

Reliance Power shares up over 4% after Jaypee group deal

Last Updated: Monday, July 28, 2014, 18:04

Shares of Reliance Power on Monday gained over 4 percent after the Anil Ambani Group firm signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates.

Jaiprakash to sell hydro plants to Reliance Power

Last Updated: Monday, July 28, 2014, 10:16

The sale of Jaiprakash`s entire hydropower portfolio, which has an aggregate capacity of nearly 1,800 megawatts, would make Reliance the country`s largest private provider of hydroelectric power.

Reliance Power to acquire all hydro projects of Jaypee group

Last Updated: Sunday, July 27, 2014, 19:30

Anil Ambani Group firm Reliance Power Sunday said it has signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates Ltd.

2G scam: STPL was Reliance ADA Group company, CBI to witness

Last Updated: Thursday, July 24, 2014, 20:23

The CBI Thursday grilled a Reliance ADAG official before a Delhi court alleging that Swan Telecom Pvt Ltd (STPL), an accused firm facing trial in the 2G spectrum allocation case, was one of the group companies of Anil Ambani-led enterprise.

Bengal cleared many industrial projects, says Mitra

Last Updated: Saturday, July 12, 2014, 17:11

West Bengal government Saturday said it had approved several industrial projects before the coming into force of the model code of conduct before the Lok Sabha polls, and would now make announcements in this regard.

Reliance Infra appoints M S Mehta as CEO

Last Updated: Monday, July 07, 2014, 13:55

Reliance Infrastructure, part of Anil Ambani-led Reliance Group Monday appointed M S Mehta as the Chief Executive Officer (CEO) of the company.

Anil Ambani-led Reliance Group crosses Rs 1-trillion m-cap

Last Updated: Sunday, July 06, 2014, 15:38

Reliance Communications last week raised Rs 4,800 crore through a placement of shares with qualified investors.