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Civic body seals 61 mobile towers for evading property tax

Last Updated: Saturday, July 19, 2014, 14:39

Coming down on defaulters, the Aurangabad Municipal Corporation has sealed 61 mobile towers for non-payment of property tax.

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.

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.

RCom stock ends 4% higher on bourses

Last Updated: Friday, May 23, 2014, 14:07

Shares of Reliance Communications today settled 4 per cent higher following reports that Chinese firm Citic Telecom is in talks with the company to buy a significant stake in its sub-marine cable business Global Cloud Xchange.

Citic Telecom in talks to buy RCom's undersea cable business

Last Updated: Thursday, May 22, 2014, 20:35

Chinese firm Citic Telecom is in discussions with Reliance Communications to buy a significant stake in its sub-marine cable business, Global Cloud Xchange.

RCom net profit up six-fold to Rs 675 crore in Sept qtr

Last Updated: Tuesday, November 12, 2013, 18:39

The company had reported a net profit of Rs 102 crore in the corresponding period last financial year, the company said in a statement.

HC exempts Mukesh Ambani from personal appearance in case

Last Updated: Friday, August 30, 2013, 21:21

The Delhi High Court today exempted personal appearance of Mukesh Ambani, MD of erstwhile rpt erstwhile Reliance Communication LTD, in an eight-year-old criminal case.

Indian telecom subscriber crosses 90 crore-mark in May

Last Updated: Friday, August 16, 2013, 19:41

Registering a marginal growth, Indian telecom subscriber base crossed 90 crore-mark in May this year after almost two years.

RCom cuts 3G rates by half across all circles

Last Updated: Thursday, July 18, 2013, 15:11

RCom slashed 3G prices for all kind of connections - pre-paid, post-paid, new and old -- across 13 circles where its third-generation services are available.

RCom plans to monetise real estate assets

Last Updated: Friday, July 05, 2013, 18:48

Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.

3G roaming: SC to resume hearing today

Last Updated: Thursday, May 09, 2013, 09:15

The Supreme Court will resume hearing in the 3G intra-circle roaming case today.

RCom ties up with Twitter to launch prepaid plan for GSM users

Last Updated: Tuesday, April 23, 2013, 15:20

Reliance Communications Tuesday said it has partnered with Twitter to launch a prepaid plan for GSM subscribers in the country.