Anil Ambani

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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.

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.

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Anil Ambani-led Reliance Group sells multiplex business to Carnival Cinemas

Reliance MediaWorks-Carnival Cinemas deal will exclude Mumbai’s IMAX Wadala and some other properties worth Rs 200 cr.

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Ambani takes ‘Swachh Bharat’ campaign to Badrinath, Kedarnath

Modi had used Gandhi Jayanti to start the cleanliness drive and ordered ministers to sweep areas clean.

R-Infra profit rises 10% to R458 cr; income dips 26%

EPC business revenue stood at Rs 590 crore and the order book at Rs 6,181 crore, the company said.

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Mumbai Metro almost ready to run, to get speed certificate this week

The process of issuing speed certificate for the Mumbai Metro is almost over, sources at the RDSO told PTI.

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2G case: Court fixes April 4 to record statements of accused A Raja, Kanimozhi

I am trying to prepare the questions in such a manner that your (accused) work will be done in half-an-hour, says Special CBI Judge.

Will invest R50K cr in MP, says Anil Ambani

Ambani said Rs 30,000 crore will be invested in Sasan project, of which Rs 4,000 crore will be invested in coalmines.

Telecom stocks slide 7% on fierce bidding fears as R-Jio joins 2G race

Investors worry Reliance Jio’s participation in auction will hurt telcos’ profitability.

Priya Dutt and Sanjay Nirupam during the protests 
on Monday.	Dilip Kagda

Cong MPs raise heat for cut in power tariff

Nirupam, Dutt lead protests outside Reliance Energy’s office, Chief Minister promises to take up the matter in Cabinet

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City Side: AAP eyes Lokpal Bill and Modi turns fund-raiser for girls’ education

A selection of best stories from the Indian Express city editions across the country.

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MMRDA wants ‘Reliance’ dropped from Metro logo

MMOPL says nothing wrong in retaining company name.