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Reliance Communications

 
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Source: economictimes.indiatimes.com --- 17 days ago
JP Morgan is overweight on Firstsource Solutions while Goldman Sachs maintains a 'buy' rating on RCom. ...
Source: timesofindia.indiatimes.com --- 7 days ago
RCOM has been in exclusive talks with MTN since late May to create a top-10 global telecoms group spanning about two dozen countries. ...
Source: timesofindia.indiatimes.com --- 7 days ago
Reliance Communications and South Africa's MTN mutually ended tie-up talks after Mukesh Ambani-owned RIL started arbitration proceedings on RCOM. ...
Source: economictimes.indiatimes.com --- 41 days ago
MTN said its tie-up talks with Reliance Communications were on, after Anil Ambani-led group charged a rival corporate house trying to derail negotiations. Hot Handsets ...
Source: prweb.com --- 53 days ago
Indian Telecommunications Giant Taps Greenplum, Sun and Solaris™ OS for Faster Access to Call Detail Data (PRWeb Jun 2, 2008) Read the full story at http://www.prweb.com/releases/2008/06/prweb987644.htm ...
Source: www.iht.com --- 5 days ago
Reliance and MTN Group of South Africa said they could not reach a deal due to certain legal and regulatory issues. ...
Source: tech.clickjobs.com --- 4 days ago
Reliance Communications and South Africa’s MTN on Friday mutually ended tie-up talks after Mukesh Ambani-owned Reliance Industries (RIL) on Thursday started arbitration proceedings against younger brother Anil’s RCom to thwart the latter’s merger with Africa’s largest telco. RCom said that it is unable to presently conclude the deal due to regulatory issues. The No. 2 mobile carrier [...] ...
Source: www.mg.co.za --- 7 days ago
MTN Group said on Friday it was unable to reach a deal with India's Reliance Communications and the companies mutually decided to end talks. ...
Source: www.thepetitionsite.com --- 12 days ago
Reliance Communications, Known as RCOM (http://www.rcom.co.in/webapp/Communications/jsp/rmobile/index.jsp) is providing cellular services based on  CDMA  technology. When they introduced services, they made history and initiated revolution in India to make mobile Communications affordable to mass. They even offered handsets at affordable price and also offered installments of about Rs. 200 for 36 months so that common man of India can afford mobile phones. After the death of visionary Shri Dhirubhai Ambani and subsequent split of two Ambani brothers, RCOM services started becoming expensive or they became slower to react to the changes in market because every day mobile communication is beoming cheaper. For example, Aitel (India's largest cellular service provider) reduced long distance (STD) charges to Rs. 1.50 per minute from about Rs. 2.50. Reliance (RCOM) was the last to reduce its STD tarrif and infact even after that they reduced rates to Rs. 1.50 per minue, where as many other smaller operators started offfering prices even lower than that. Despite of the fact that smaller operators do not have their own national network. To the horror of most subscriber (infact most subscribers are not aware as they are not informed till date by RCOM) RCOM increased rate for internet browsing to about Rs. 115000 per GB (About US $ 2500 - 2700 per GB).  Which makes them one of the most expensive internet service provider in the world, perhaps. I ...
Source: www.earthtimes.org --- 16 days ago
New Delhi -India's Reliance Communications and South Africa's largest mobile phone network operator MTN on Wednesday said they were extending exclusive talks until July 21 to discuss a potential combination of their businesses. MTN and Reliance Commu... ...
Source: www.indiaprwire.com --- 39 days ago
The feud in the Ambani family over elder brother Mukesh's right to acquire majority equity in Reliance Communications, which is in amalgamation talks with South African telecom giant MTN, dragged the company's shares down by 1.52 percent in Indian bourses Monday. ...
Source: desicritics.org --- 6 days ago
It is one of the strange vagaries of modern Indian business that some of the largest companies exhibit concentration of captial to an extent not dreamed of by even the robber barons of the 19th century. Even with publicly listed companies, the mostly rubber stamp board allows significant decisions to be taken by the CEO, who in many cases is accountable to pretty much no one. While the institutional investors might not object as long as their interests are protected, there is an insidious effect of long-term erosion of capital and confidence that goes beyond even what one might expect with neo-liberal economies. The bull run of the last few years has emboldened the corporate satraps to disregard even their erstwhile political cronies. The acrimonious Reliance conglomerate break-up and continuing feud has been reported in the business pages much like a celebrity hatefest in the gossip columns. The growing potential for irreparable damage to a significant tranche of capital due to impulsive decisions derived more from personal animosity than business rivalry has been ignored, or overlooked in the heady period of a bull market. Recent events might mean it is time for greater regulation of the fragmented conglomerate, if only to preserve Indian credibility in global markets. The Mukesh Ambani-founded Reliance Communications went to Anil Ambani under the terms of the breakup agreement, currently controlling close to 66.75% of the compa ...
Source: blackberryforums.pinstack.com --- 14 days ago
According to Research In Motion (RIM), BlackBerry Curve 8330 is a full QWERTY BlackBerry handset... ...
Source: www.thaindian.com --- 7 days ago
Johannesburg/New Delhi, July 19 (IANS) Plans by South African mobile giant MTN to expand into India have been scuppered for a second time after the company announced here Friday evening that its extended talks with Reliance Communications have been ended. In a short statement via the Johannesburg Securities Exchange (JSE), MTN said it had been [...] ...
Source: www.colombopage.com --- 15 days ago
July 10, Colombo: PCH Holdings, the holding company of a group of diversified independent companies in Sri Lanka, recently partnered with Reliance Communications of India to market world renowned Reliance Internet Data Centre (IDC). ...
Source: www.indiaenews.com --- 42 days ago
The Reliance Anil Dhirubhai Ambani Group (RDAG) Friday said their talks with the South Africa-based telecom company MTN were 'ongoing' and alleged that some other entities were trying to disrupt the negotiations. ...
Source: www.indiaenews.com --- 28 days ago
Integrated telecommunications major Reliance Communications Ltd Wednesday launched a new Motorola W362 handset here as part of its growth strategy. ...
Source: www.blocksandfiles.co.uk --- 49 days ago
SAN MATEO, CA & SANTA CLARA, CA June 2, 2008 Greenplum, a leading provider of database software for business intelligence, and Sun Microsystems, Inc. (NASDAQ: JAVA) today announced that Reliance Communications is using Greenplum Database, running on the Sun Data Warehouse Appliance, to power a range of applications, from legal and regulatory compliance to call detail record analysis. ...
Source: www.citizen.co.za --- 38 days ago
MUMBAI, India - A feud that split one of India’s most powerful business families two years ago resurfaced this past weekend over the potential takeover of a South African telecom company. ...
Source: www.thaindian.com --- 7 days ago
New Delhi, July 19 (IANS) The globally-watched consolidation talks between Anil Ambani-led Reliance Communications, India’s second largest private telecom company, and South Africa’s MTN were called off late Friday. Citing “legal and regulatory issues”, the two companies said they have allowed their exclusive period of negotiations to lapse. The two groups intended to create one [...] ...

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