Hope to sell telecom towers arm soon: Ambani Mumbai, Reliance Communications is in advanced stages of talks to sell its stake in its towers infrastructure subsidiary, while the promoters want to raise their holding in the company to 75 percent,… Continue Reading →
Reliance Industries scrip falls on CAG’s criticism Mumbai, After the nation’s official auditor accused it of violating production sharing contracts Thursday, the Reliance Industries (RIL) scrip fell 2.12 percent in intra-day trade at the Bombay Stock Exchange (BSE). The scrip… Continue Reading →
GVK to buy Siemens’ Bangalore airport stake Mumbai, GVK Power and Infrastructure Monday said that it will buy Siemens’ 14 percent stake in Bangalore International Airport Limited (BIAL). The deal has been struck at Rs. 114 per equity share. GVK… Continue Reading →
Mumbai, State-run miner Coal India has become the most valuable company in terms of market capitalisation, toppling Mukesh Ambani-led Reliance Industries (RIL). According to data available with the Bombay Stock Exchange (BSE), Coal India’s market was Rs.2,46,780 crore on Thursday’s… Continue Reading →
Pirmal Healthcare scrip up 1.62 percent day after Vodafone deal. A day after announcing that it would purchase 5.5 percent in telecom major Vodafone’s Indian operations.