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Birla Corp buys RInfra cement unit for Rs 4,800 cr

RCCPL has an integrated cement capacity of 5.08 million tonne per annum (MTPA) at Maihar, Madhya Pradesh and Kundanganj, Uttar Pradesh and a grinding unit of 0.5 Mtpa at Butibori, Maharashtra.

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Ambanis may give Indo-French CEO forum a miss

UT home secretary Anurag Aggarwal said they had not received confirmation from Mukesh Ambani, Anil Ambani and Sanjay Kirloskar.

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Ambani brothers’ firms sign spectrum pact; R-Jio okays Rs 15K cr rights issue

The arrangements are subject to liberalisation of RCom spectrum in the 800 MHz band and obtaining requisite approvals.

Anil Ambani, Spielberg join hands to form Amblin Partners

Amblin Partners has a mandate to develop and produce films using Amblin, DreamWorks Pictures and Participant banners as well as Amblin Television, a long-time leader in quality programming.

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RInfra to sell 49% stake in power biz to Canada fund

RInfra will utilise proceeds of stake sale to reduce debt. As part of the deal, generation, distribution and transmission assets of Mumbai will become part of the new SPV.


Reliance Communications to acquire Sistema Shyam

Deal gives RCom access to 850 MHz band which can be used for 4G services.

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Reliance Capital to acquire Goldman Sachs India MF biz for Rs 243 crore

Reliance Capital is the financial services arm of Anil Ambani-led business conglomerate Reliance Group

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RCom, Reliance Jio in talks for spectrum sharing: Anil Ambani

Anil Ambani said his group firm RCom is tying up ‘trading and sharing’ of spectrum with Mukesh Ambani-led Reliance Jio including for the much-awaited 4G services.

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Reliance Infra open to CAG audit on Mumbai Metro services

Anil Ambani’s company says it won’t exit project; seeks amicable solution.

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Reliance Group to pump in Rs 5K cr in Pipavav Shipyard

Anil Ambani said that the group’s recent acquisition of Pipavav Defence Company with assets worth more than Rs 10,000 crore would be converted into a global centre of shipbuilding.

Debt-burdened RCom in talks to acquire Sistema’s Indian unit

Sistema Shyam is one of the market’s smallest players with nearly 10 million customers and less than a one per cent market share. Yevtushenkov owns around 62 per cent in the Russian parent.

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RCom, Sistema in talks to merge telecom business in India

Reliance communications and AFK Sistema have entered into exclusive discussions on potential merger between the SSTL and RCOM through a stock swap.

Read more: Anil Ambani, Sistema

Reliance Infra acquires Pipavav Defence for Rs819 cr

Apart from Mahindra & Mahindra, the Hero Group too had reportedly shown interest in acquiring the company.

FB, RCom in pact for free web services

The companies will first offer the app in seven of India’s 22 regions, or zones and it will then go nationwide in the next 90 days.

RCap sells multiplex business to Carnival for Rs700 crore

On the other hand Reliance Capital which is the parent of Reliance Media Works will use the realisation for debt repayment.