Responding to questions sent by The Indian Express on the notices and the key allegations, a Reliance spokesperson replied: “We deny all the contents of your email including receipt of any such notice.”
Reliance Jio’s subscriber base grew to 331.3 million in the quarter ended June. That’s higher than nearest rival Vodafone Idea Ltd., which on Friday said its users fell to 320 million from 334.1 million last quarter.
The DRI is probing at least 40 companies, including two companies of the Adani Group, two Essar Group firms and a few public sector power firms, for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore.
PWC cited the companies' failure to convene audit committee meetings within the expected time, despite multiple letters of intent sent to them, as one of the reasons for the resignation, the firms had informed stock exchanges.
Reliance’s Jio institute, recently declared an ‘Institute of Eminence,’ puts it at par with the likes of IIT-Delhi, IIT-Bombay, IISc and BITS . Here's a look at its earnings projection in today's News in Numbers.
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Reliance at its 41st AGM unveiled the JioPhone 2 at an introductory price of Rs 2,999. The device mostly features the same specifications that we saw on the original JioPhone. However, JioPhone 2 now comes with a qwerty keyboard and a horizontal display for a better user experience.
Mumbai, Jan 11 (ANI): Reliance Defence has signed an accord with Andhra Pradesh Government to set up a naval facility along the country’s coast with an initial investment of Rs.50 billion. Reliance Defence, a unit of billionaire Anil Ambani’s Reliance Infrastructure, plans to build submarines and aircraft carriers as well as to provide services including maintenance and refitting of ships at the facility. Reliance Chairman Ambani cited estimates saying the Indian navy could spend nearly 200 billion rupees annually over the next 15 years on acquisitions and fleet modernisation of submarines and aircraft carriers.