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Invesco reveals it proposed Zee’s merger with Reliance, suggests that the company left money on the table in Sony merger

Invesco also revealed that the Zee-Reliance merger talks involved Punit Goenka, shedding new…

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After Reliance Communications-Aircel Rs 65,000 crore merger, talks underway with Russia’s Sistema. Here are the details

Once the merger formalities are over, the merged entity will also get on board a third entity by di…

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Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders

HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …

PTI   


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RCom’s unpaid loans could be termed NPAs, and banks are worried

In the recent past, three rating firms have downgraded the company's debt because of missed paym…

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RCom, Aircel, SSTL merger likely to create strong number 4 after Airtel,Vodafone, Idea

This comes after Anil Ambani-controlled RCom and Aircel on Tuesday announced exclusive 90-day merge…

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RCom plans to reduce debt by mid-2017 and seal three deals, including Aircel

These deals will help RCom reduce debt by 70% by 2018. RCom's debt stood at Rs 42,800 crore as of D…

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Reliance Communications, Aircel likely to merge wireless business

Reliance Communications said it is in talks with Malaysia's Maxis Communications and Sindya Securit…

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700 employee fear being shown the door as Aircel looks forward to jobcuts

Currently, Aircel has around 8,000 employees in India. This shocker to the Aircel employees is prob…

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Reliance Communications likely to merge with Tatas to take on Vodafone-Idea merger, rising power of Reliance Jio

Jio had over 72 million users as of December end. “While the combined entity won't be breaching any…

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RCom and SSTL merger gets CCI stamp

As per ET reports, Reliance Communications and SSTL were in talks for a possible takeover in an all…

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Airtel, Vodafone and Tatas are expected to cough up spectrum dues on Monday

"Airtel, Vodafone Idea and Tata Teleservices have said that they will make payments on Monday. …

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15 deals have given Mukesh Ambani’s ₹8.5 trillion Reliance Industries a distinct makeover

Of the 26, 15 deals have contributed the most both in terms of deal value as well as in redefini…

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RCom, Aircel and Sistema in talks for a three-way merger

As reported by The Economic Times, talks have already begun between the three companies. Under the …

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Zee-Invesco saga: Punit Goenka speaks up for the first time, asks if corporate governance doesn’t apply to institutional investors

Goenka said that the key reason to present the series of communications exchanged with Invesco w…

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Telecom sector is heavily burdened with tax, 40k more job cuts likely this year: Anil Ambani

While addressing a media briefing, Indian tycoon Ambani, whose RComm is laden under debt giving…

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Mukesh Ambani wants Jio to reflect Verizon's success

Since Verizon leads the US telecom market, it enjoys a higher return on capital,…

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Missed loan payments force banks to red flag Anil Ambani's Reliance Communications

SMA means loans with overdue interest payment from borrowers, marked SMA 1 if a loan isn't servi…

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1GB data for Rs 49 to new 4G customers, RCom announces

"... We still see immense potential in the 3G and 2G markets, which boast of 750 million smartphone…

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Reliance Communications is looking to merge with Sistema Shyam

Reliance Communications and Russia's Sistema are considering the feasibility of a merger through a …