RCIL arms book Rs 98cr from ONGC stock sale

Smart Entrepreneur Solutions and Smart Infosolutions, subsidiaries of Reliance Communications Infrastructure Ltd, jointly sold 8.6 million shares of ONGC in early trade on the Bombay Stock Exchange......

RCIL stake in Infocomm transferred to third firm

Reliance Communications and Infrastructure Ltd, the holding company of Reliance Infocomm, has in effect transferred its holding in Reliance Infocomm to a third company, Reliance Mobile.Reliance......

RCIL upped valuation 250-fold in 1 year

Did the parent company of Reliance Infocomm improve its valuation 250-fold in the space of a year? That is the question raised by new evidence on the sequence of share issues by Reliance......

Govt to check RCom's revenue reports

The government has asked the Telecom Regulatory Authority of India (TRAI) to speed up its responses on the allegations that Reliance Communications (RCom) has violated revenue reporting norms. The......