Telecom subscribers in India reach 1.19 bn in December 2017: Trai

Feb 17 2018

Telecom subscriber base in India reached 1.19 bn at the end of Dec 2017 with Jio adding over 8 mn new customers alone during the month, Trai data showed.

RIL to acquire 65% stake in IFC for Rs 1,105 crore

Feb 16 2018

RIL said it will acquire 65% stake in Indian Film Combine, which is building a drive-in theatre, hotel, retail mall and club on a 12-acre plot in Mumbai, for Rs 1,105 cr.

Reliance Communications shareholders approve asset sale plan

Feb 16 2018

Reliance Communications Ltd said its shareholders approved its asset sale plan, under which the telecoms carrier would sell its wireless assets to Reliance Jio Infocomm.

JioPhone users to get Facebook from Wednesday: Akash Ambani

Feb 13 2018

Facebook will be available on Reliance JioPhone from tomorrow through app store available on the handset, a company statement said.

Reliance Aerostructure-Thales joint venture gets CCI nod

Feb 13 2018

Competition Commission has approved the joint venture between Reliance Aerostructure and Thales India, according to sources.

Reliance Communications calls bondholders' meet over asset-sale

Feb 13 2018

Reliance Communications Ltd will hold a meeting of its bondholders on March 6 to seek approvals for asset-sale plans, the company said in a regulatory filing late on Mon.

Jiophone emerges leader in Indian feature phone market

Feb 12 2018

Reliance JioPhone scaled a new high in the Q4 on 2017, emerging as the market leader in the feature phone segment with 27 pc share, followed by Samsung at 14 pc share.

Reliance Power achieves 100% fuel security for Butibori plant

Feb 12 2018

Reliance Power announced that it has achieved full fuel security for its 2 x 300 MW Butibori TPP in Maharashtra following directions given by the Delhi HC.

Delhi HC ask CIL to supply coal to RPower's Butibori Unit-I

Feb 12 2018

Reliance Power said state- run Coal India has been directed by the Delhi High Court to immediately commence coal supplies to the Unit-I of Butibori power project.

CCI approves RInfra Rs 18,800cr deal with Adani Transmission

Feb 12 2018

RInfra said CCI has approved sale of its integrated Mumbai power business to Adani Transmission in a Rs 18,800 cr deal.

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To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI

SBI puts Rs 1935 Cr worth loans up for sale to 24 entities

Seeks bids on cash basis or a mix of cash and security receipts

Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt

Financial Express Reports


Emerges as lowest bidder for Rs 1000 cr project

To set up Vindhychaal-Varanasi 765 KV transmission line

Financial Express Reports


Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr

Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group


Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility


Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY

Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM

Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM

IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM

SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM

Air India Jan Market Share At 13.3% vs 13.1% MoM

Jet Airways Jan Market Share At 14.3% vs 14.6% MoM

IndiGo Jan Market Share At 39.7% vs 39.4% MoM

SpiceJet Jan Market Share At 12.6% vs 12.7% MoM

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