12 Feb 2020
Vijay Mallya, Nirav Modi, Anil Ambani may lose these assets
In a bid to recover debt from Indian tycoon owners of bankrupt companies, creditors are now looking at their personal possessions.
19 Jun 2019
Once 6th richest man, Anil Ambani isn't a billionaire now
Anil Ambani, the chairman of Reliance Communications, may have fallen out of the billionaire club.
20 Feb 2019
SC to Anil Ambani: Pay dues or go to prison
On Wednesday, the Supreme Court, while hearing Ericsson's case against Anil Ambani-led Reliance Communications for non-clearance of dues, found Ambani guilty of contempt.
13 Feb 2019
Dichotomy of Kapil Sibal: Attacks Ambani outside court, defends inside
Senior Congress leader Kapil Sibal changed gears on Tuesday as he defended and attacked businessman Anil Ambani just minutes apart, prompting BJP to slam him.
12 Feb 2019
SC to hear Ericsson's plea against Anil Ambani tomorrow
The Supreme Court today adjourned for tomorrow the hearing on a contempt notice issued to Reliance Communication Ltd (RCom) Chairman Anil Dhirubhai Ambani and others on a plea filed by Ericsson India for allegedly not clearing its dues of Rs. 550 crore.
21 Jan 2019
EVMs are foolproof, says EC; rejects 2014 polls #EVMHacking claims
The Election Commission of India today maintained that Electronic Voting Machines (EVMs) used in India are foolproof and cannot be tampered with.
18 Sep 2018
Reliance Communications to exit telecom to focus on real estate
Billionaire Anil Ambani today announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future.
28 Dec 2017
Mukesh Ambani's Reliance Jio buying brother Anil's RCom wireless assets
As expected, Mukesh Ambani's Reliance Jio is taking over the wireless assets of his brother Anil's Reliance Communications, which is burdened with a massive Rs. 45,000cr-debt.
27 Dec 2017
RCom to exit SDR, reduce debt by Rs. 39,000cr: Ambani
Anil Ambani-owned Reliance Communications has announced it would exit the ongoing Strategic Debt Restructuring (SDR) scheme of its lenders by selling its Rs. 25,000cr-worth telecom assets, including towers, spectrum and optical fiber by Mar'18.
21 Dec 2017
Mahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency
Mahesh Bhupathi and Lara Dutta, brand ambassadors of Gitanjali Gems, have taken the company to insolvency as operational creditors.
28 Nov 2017
More trouble for RCom: China Development Bank files insolvency case
There's more trouble brewing for Anil Ambani's debt-ridden Reliance Communications as China Development Bank (CDB) filed an insolvency case against it.
25 Nov 2017
Where do Ambani brothers stand 11 years after split?
Mukesh Ambani's Reliance Industries recently raised $800-million (Rs. 51.66-billion) -to reduce its massive debt of Rs. 2.14-trillion to some extent- through the sale of 10-year bonds overseas at the cheapest rate for a non-financial Indian issuer.
15 Nov 2017
Telecom mass layoffs: 75,000 employees lost jobs in one year
Thousands of people working in India's telecom industry are grappling with massive job losses. The sector lost a fourth of its three-lakh workforce in the last 12 months.
25 Oct 2017
Reliance Communications to shut down 2G operations, cut several jobs
The Anil Ambani-owned Reliance Communications has reportedly decided to shut down its 2G mobile services within a month and terminate thousands of employees by 30 November.
02 Oct 2017
RCom cancels merger with Aircel, says it was mutual
Due to the disruption caused by Jio in the already financially strained telecom sector, some players decided to merge in order to survive.
31 Aug 2017
Telcos are violating net neutrality, say content creators
Content firms have said that the demand for a revenue-sharing model by the telcos like Airtel, Telenor and Reliance Communications, was "unfair and unreasonable" and went against the foundations of net neutrality.
04 Aug 2017
With 18Mbps, Jio has topped 4G speed since seven months
01 Aug 2017
Jio effect: RCom offers dongle+1GB/day+SIM at Rs. 5,199!
Jio has unleashed a bloodbath in the industry. In the latest offer in the market, Reliance Communications is selling a 4G SIM card plus a Wi-Pod dongle plus a whopping 1GB data per day for a year, all at Rs. 5,199.
23 Jul 2017
CAG Report: Six private telcos under-reported revenue by Rs. 61,000cr
The country's apex audit body Comptroller and Auditor General of India (CAG) said six private telecom players understated revenues of Rs. 61,065cr over five years (FY 2011-15).
06 Jul 2017
Top brands Amazon, Vodafone, Jio under fire for misleading ads
Among the 199 complaints received from consumers by Advertising Standard Council of India (ASCI) against companies showcasing misleading ads, as many as 130 advertisements have been upheld.
20 Jun 2017
Reliance Communications looks to sell 133 acre IT park
Anil Ambani-led Reliance Communications Limited is looking to snag buyers or jointly develop the massive 133 acre Dhirubai Ambani Knowledge centre (DAKC), reports said.
15 Jun 2017
How expensive are Reliance Jio "free" services?
There will be a general consensus if one says that the history of Indian telecom can now be broken down into two very distinct time frames, one that was before Jio and the other after Jio.
05 Jun 2017
Reliance Jio leaves other telcos far behind in download speed
According to the latest report by telecom regulator TRAI, Reliance Jio broke its erstwhile record of 18.48 Mbps and clocked in a high download speed of 19.12 Mbps, topping the 4G network speed chart for the month of April.
02 Jun 2017
Anil Ambani: RCom-Aircel merged entity to be called Aircom
In his media briefing today, Anil Ambani announced that the merged entity of RCom and Aircel has been named Aircom. RCom will hold 50% stake in the newly formed company.
30 May 2017
RCom is hurting and it's not only the debt burden
This could have been the premise of a Bollywood potboiler but it isn't.
21 Mar 2017
CCI approves de-merger of wireless division, says RCom
Reliance Communications has said the Competition Commission of India has approved the de-merger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.
11 Feb 2017
SC gives Swamy two weeks to present evidence against Chidambaram
The SC has refused to probe P. Chidambaram's role in the 2006 Aircel Maxis deal at this stage, giving BJP leader Subramanian Swamy two weeks to present credible evidence of illegality allegedly committed by Chidambaram.
04 Feb 2017
SC threatens to auction Aircel if Krishnan continues to abscond
A livid SC bench threatened to end the proposed merger of Aircel with Reliance Communications and to sell the spectrum allocated to Aircel.
03 Feb 2017
ED moves SC against Maran brothers in Aircel-Maxis case
The Enforcement Directorate (ED) today moved the Supreme Court against a trial court's decision to acquit the Maran brothers in the Aircel-Maxis case.
02 Feb 2017
All accused in Aircel-Maxis case acquitted
A special court on Thursday acquitted all those who were accused in the Aircel-Maxis case, including former Telecom Minister Dayanidhi Maran and his brother Kalanithi Maran.
30 Jan 2017
Aircel to SC: Don't shut our operations
Telecom operator Aircel has asked the SC not to halt its operations in the country, saying it had no control over the actions of its parent company Maxis, and its promoter T Ananda Krishnan.
20 Jan 2017
Telecom spectrum holdings to rise
Telecom secretary J.S. Deepak stated that due to structural changes and consolidation, the telecom spectrum holding for all operators will rise to 40MHz from 18MHz in 2017.
24 Dec 2016
RCom-Brookfield deal: Investors see no upside
Reliance Communication's deal with asset management group Brookfield Infrastructure to sell its tower business hardly excited any investors.
17 Oct 2016
Investors decry RCom's plans
RCom's recent disclosure of a non binding term sheet with Brookfield Infrastructure for RCom's tower assets has drawn flak from investors.
16 Oct 2016
Reliance Communications sells its tower business
Reliance Communications (RCom) has agreed to sell a majority stake in its mobile phone tower business.
06 Oct 2016
Telecom auction moves at snail's pace
Overall, the telecom auction progressed extremely slowly, receiving bids worth a mere Rs.2,482 crore.
03 Oct 2016
India's biggest spectrum auction: All you need to know
With over 2354.55 MHz of spectrum up for auction across seven bands, India's biggest spectrum auction garnered Rs.53.53 crore on 1 October.
19 Sep 2016
What made news last week?
The Cauvery-water dispute turned violent, leading to clashes in Tamil Nadu and Karnataka.
14 Sep 2016
Reliance Communications merges with Aircel
RCom and Aircel just announced their merger in the largest ever consolidation deal in Indian telecom sector.