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RComm puts tower unit on the block for $5 bln - sources

RCom Q4 net doubles on tax adjustment
Reliance Communications (RCom) nearly doubled its net profit to Rs 332 crore in the fourth quarter ended March 31 from Rs 168 crore in the year-ago period, due to a Rs 119-crore tax adjustment. Revenue, however, was down 33 per cent to Rs 5,010 crore from Rs 7,475 crore. Net income from operations include a one-time adjustment of Rs 2,545 crore consequent to a change of accounting treatment in respect

Question time

Here’s a mystery. How did two companies run by Reliance founder Anil Ambani manage to invest $250 million in a related company without anyone in the firm realising? And why has the UK’s

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Telecom shares up after commission meeting

Telecom stocks rose after a government commission said it wants more spectrum to be auctioned. The commission wants at least 10 mega hertz (MHz) of airwaves to be auctioned in each telecom zone,

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Firms take asset sale route, as going gets tough
After the acquisition spree during the ‘India Shining’ phase, home promoters are now back to investment bankers, this time to try and sell assets.

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Telecom companies' shares under pressure ahead of DoT meet

Shares of leading telecom operators witnessed intense selling pressure ahead of a meeting of the telecom ministry tomorrow to take a decision on spectrum pricing. The Department of Telecom (DoT) is

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RCom goes all out to show off Google partnership

It remains one of the most high-profile marketing campaigns this summer. Reliance Communications (RCom) has left no stone unturned in its attempt at promoting its alliance with Google for pushing its

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Reliance Communications Galleries

Mukesh Ambani richest Indian, ...

Mukesh begins talks with Anil ...

Reliance Communications, RCom...

Reliance Communications Videos

Ambanis feud over MTN
Ambanis feud over MTN

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