With open offer to buy 26% stake, Adanis seek to become majority shareholder in NDTV

In a stunning move with the potential to change the media landscape, billionaire Gautam Adani launched a hostile takeover of media giant NDTV, first with an indirect acquisition of a 29.18 per cent......

Prasad, Tewari under a cloud over retainer service to Reliance

While Manish Tewari said he had surrendered his bar licence the day he was made a Union minister in 2012 and had written to RIL terminating the relationship, Ravi Shankar Prasad said he had......

RIL's Infotel kick-starts fund-raising exercise

Infotel Broadband Services, in which Reliance Industries Ltd has a 95 per cent stake, is looking to raise as much as Rs 1,000 crore (Rs 10 billion) through short-term commercial paper. Infotel is......

Auction for Broadband Wireless Access starts today

The auction for Broadband Wireless Access started on Monday with 11 players, including Bharti, Vodafone, RCom and Tatas, in the race to acquire the two slots on offer. When contacted, a senior......

Cancel broadband spectrum held by Reliance Jio: CAG

The Comptroller and Auditor General (CAG) has suggested canceling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for......

Reliance Jio goes for the kill

When Reliance Jio launches fourth generation (4G) services later this year, it will be completely different from what one imagined in June 2010, when its parent, Reliance Industries Ltd (RIL), had......