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Adani-Paytm Deal: Both One97 Communications and Adani Group deny reports as ‘baseless’ and ‘speculative’
Gautam Adani-led conglomerate Adani Group has denied reports that it is in talks with Vijay Shekhar…
India's telecom equipment manufacturing sales cross ₹50,000 crore under PLI scheme
According to a press release by the Ministry of Communication, this accomplishment reflects the suc…
ANI
Jio Platforms buys US-based communications equipment maker Mimosa Networks for $60 million
Jio Platforms, the digital arm of Reliance Industries Ltd, will buy communications equipment maker …
PTI
Mukesh Ambani may now have a reason to buy Anil Ambani's bankrupt RCom, say reports
This March, Reliance Industries had to go back on its plans to buy Reliance Communications d…
RCom lenders might recover just a fourth of their loans after asset sale
The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. …
Paytm may skip its pre-IPO sale as advisors reportedly recommend lower valuation
One 97 Communications — the parent company of digital payments giant Paytm — has reportedly decided…
The rise and fall of Anil Ambani’s Reliance Communications
Long before Reliance Jio, around the time when millennials were mere children, Reliance Infocomm ha…
RCom's lenders are close to resolve the unpaid loans; to recover ₹23,000 crore
"SBI board has approved resolution plan for RCom. It is expected to vote favourably for the RC…
PTI
Two Anil Ambani Group stocks — which were trading for less than ₹1 — are buzzing again
The share prices of Anil Ambani’s Reliance Communication and Reliance Naval and Engineering (RNEL…
Anil Ambani’s RComm gets a lifeline from brother Mukesh Ambani’s Jio as first phase of asset sale is completed
The deals comprise the first tranche of a larger agreement, signed in December 2017, for the sal…
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…
Reliance Communications to bring down debts, likely to announce stake sale in Reliance Infratel
"The deal will be announced within a couple of days, and will value Infratel at around Rs 22,000 cr…
The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings
RCom owes around 31 creditors - mainly the State Bank of India - around ₹500 billion. The ca…
Telcos reportedly urge government to skip local testing to avoid 5G phone shortage
The Telecom Engineering Center (TEC), which is the technical arm of the Department of Telecommun…
Anil Ambani’s Reliance Infrastructure just got closer to a debt-free future by selling one of its most important businesses
Boasting annual revenues of over ₹75 billion, Reliance Infrastructure’s power business in Mumbai…
Supreme Court holds Anil Ambani companies guilty of contempt
The order laid down a deadline of four weeks to make a payment of ₹4.53 billion , failing which…