RCom extends rally on signing Rs 1,200-cr pact with Reliance Jio

As soon as the news of a deal between rivals Reliance Industries’ Reliance Jio Infocomm and Bharti Airtel hit the market, shares of Reliance Communications slipped by nearly five per cent on Tuesday.

Reliance Communications has tied up with Twitter to launch a promotional prepaid plan called ' Reliance Twitter Access Pack'. Available for free to all Reliance GSM users in the country, the plan allows users to access unlimited Twitter on their phones, ...

Photon, the brand name for Tata Teleservices’ dongle-based wireless Internet service, has got a shot in the arm after Russian telecom operator Mobile Tele Systems closed operations of its India business -- Sistema Shyam Teleservices -- in 13 out of 22 circles.MTS operated its dongle-based service under the brand name MBlaze, TTSL has been increasingly shifting its focus to the high-value data business as demand for pure voice services is slowing. Photon, which is the market leader in ...

Benchmark indices ended near day’s high led by buying in index heavyweight Reliance Inds.Firm opening of the European markets has also cheered the sentiments among local investors.The Sensex ended at 19,041 -- up 176 points -- closing above the 19K mark after two weeks. Nifty ended up 44 points at 5,748.Meanwhile, Japan's Nikkei average fell 1.1% to a nearly four-week low with exporters leading the decline after weak US factory data overnight stoked concern about growth prospects for the ...

The Reliance Communications (RCom) stock was up 6% intraday on Thursday on news that the company was planning to sell a stake in its global communications services business unit to Bahrain’s Batelco.

Markets ended lower this Friday with 50-share Nifty closing below the crucial support level of 5,950 on back of profit-booking in rate sensitive sectors such as banks, real-estate after the central bank’s policy action.The Reserve Bank of India in its monetary policy review reduced repo rates by much-anticipated 25basis points but hinted towards a little room for future policy easing.“The hawkish statement by the Governor reaffirms our belief. We expect not more than 25 basis points ...

Mukesh and Anil will announce two more infrastructure-sharing agreements by mid-June. The Ambani brothers are in talks to strengthen their new-found bonhomie and are likely to announce two more infrastructure sharing agreements between their respective telecommunication firms by mid-June. Mukesh Ambani-promoted Reliance Jio Infocomm Ltd last month got into an agreement with Anil Ambani’s Reliance Communications Ltd (RCom) to share the latter’s inter-city optic fibre network ...