Jio, Airtel drive telecom subscriber base growth to 120.5 cr in June

New customer additions by Reliance Jio and Bharti Airtel pushed the Indian telecom subscriber base past 120.5 crore in June, according to a Trai report released on Tuesday. Illustration: Dominic......

How Anil Ambani plans to turnaround Reliance Communications

With over Rs 38,000 crore (Rs 380 billion) in debt and a mere 6.6 per cent of the telecom market's revenue at the end of 2012, Anil Ambani-controlled Reliance Communications has been struggling to......

Jio gets nod to acquire Reliance Infratel

The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). Photograph: PTI Photo The tribunal asked Jio to deposit Rs 3,720 crore......

Who Will Admit To Committing Fraud?

Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......