First round of global roadshows for the listing of Reliance Communications' (RCom) undersea cable unit Flag Telecom on the Singapore Stock Exchange is likely to begin next week, banking sources said today.
The Telecom Disputes Settlement and Appellate Tribunal has directed the department of telecommuni-cation not to enacash bank guarantees of RCom and Reliance Telecom over the penalty that was imposed on them for allegedly not having prop-er subscriber
Reliance Communications (RCom) said on Monday it had entered into an exclusive partnership with Google to market all devices built on Android platform for two years in India with its 3G connection and other facilities.
Shares of Reliance Communications (RCom) today closed with over 3% gains after the company said it is evaluating a potential IPO for its undersea cable unit Flag Telecom on the Singapore Stock Exchange.
Reliance Communications (RCom) has moved higher by 4% at Rs 86.30 in late noon trades on reports that the company’s undersea cable unit, Flag Telecom, has received “in principle&" approval from the Singapore stock exchange for its about
The undersea cable unit of Reliance Communications (RCom) has received an "in principle" approval from the Singapore stock exchange for its initial public offering of shares, a source with direct knowledge of the situation said.
The undersea cable unit of Reliance Communications has applied to list in Singapore, sources said, potentially raising $1-1.5 billion to help its parent pare a heavy debt burden.
Reliance Communications (RCom) has opened 3% higher at Rs 94.45 on reports that the group company - FLAG Telecom - has filed a prospectus in the Singapore Stock Exchange to list and divest 75% stake in the submarine cables business for $1.25-1.5
Reliance Communications-controlled FLAG Telecom has filed a prospectus in the Singapore Stock Exchange to list and divest 75 per cent stake in the submarine cables business for $1.25-1.5 billion (Rs 6,250-7,500 crore).
Reliance Communication (RCom) and Reliance Power (RPower) are trading lower by more than 3% each after the National Stock Exchange (NSE) decided to exclude these two Anil Dhirubahi Ambani Group (ADAG) companies from its benchmark index Nifty from April
Reliance Communications (RCom) and Reliance Power (RPower) will move out of the National Stock Exchange's 50-share Nifty index with effect from April 27, and would be replaced by Asian Paints and Bank of Baroda.
The government imposed and recovered a penalty of Rs 4.63 crore on Reliance Communications (RCom) and Rs 1.07 crore on Reliance Telecom (RTL) for interruption in mobile services during November, 2010 to February, 2011, Parliament was informed today.
Reliance Communications has gained 1.7% at Rs 98.3 in early trades over reports that the company, in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore contract from that the Unique Identification
Anil Ambani-led telecom services provider Reliance Communications (RCom) is understood to have bagged a project worth Rs 300 crore from the Unique Identification Authority of India (UIDAI) for managing the network and subscriber numbers.
Telecom services provider Reliance Communications (RCom), in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore contract for government's national identity card programme, Aadhaar.
Telecom service provider Reliance Communications today said it has paid $1.18 billion (Rs 5,825 crore) for redemption of its outstanding FCCBs (Foreign Currency Convertible Bonds).
Anil Ambani-led Reliance Communications (RCom) today signed final definitive agreements with three Chinese banks for refinancing its outstanding debts of about Rs 5,825 crore ($1.18 billion) that were raised through foreign currency convertible bonds
Reliance Communicateions’ scrip has jumped 14 per cent over the last week on reports it is close to selling its tower unit, Reliance Infratel, and the likely listing of its international subsidiary, Flag Telecom.
