Multiplex operators strike gold in Bollywood-mad India

For a country that produces twice as many movies a year as Hollywood, India has a problem that's making cinema theatre operators beam: a shortage of modern multi-screen cinemas and plenty of......

RCom plans to monetise real estate assets

Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt. "Reliance Communications Ltd has informed...that a meeting of the Board of Directors of the......

RCom spurts 17% after deal with RIL arm

Shares of Reliance Communications on Tuesday soared nearly 17 per cent, adding Rs 11,785 crore (Rs 117.85 billion) to its market value, after the company inked a Rs 1,200 crore- (Rs 12-billion)......

Reliance Group, China's Wanda to form township JV

Anil Ambani-led Reliance Group on Thursday signed an agreement with China's retail player Wanda Group to set up a joint venture for building integrated township projects in India. The two will......