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Reliance communications Chairman Anil Ambani

Business

RCom seeks lenders' nod for release of Rs 260 cr in bank account to...

RCom is confident of raising the balance approximately Rs 200 crore for payment to Ericsson

21 Feb 2019 12:22 PM IST

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Business

Ericsson starts deploying 5G-ready telecom equipment on Voda Idea...

VIL has plans to invest Rs 20,000 crore in network expansion over the next 15 years.

20 Feb 2019 1:33 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

Business

Reliance Group stocks under pressure; tank up to 10.3 pc on SC move

Apex court said Ambani and the others will have to purge contempt by paying Rs 453 crore to Ericsson in four weeks.

20 Feb 2019 12:54 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Technology

Reliance Communications moves appellate court to withdraw Ericsson...

Mumbai-based RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law...

5 Feb 2019 3:43 PM IST

Huawei has been blocked in the US since 2012. (Photo: AP)

Technology

Pentagon eyeing 5G solutions with Huawei rivals Ericsson and Nokia

Simultaneously, the US is laying the groundwork to develop its own technology to support 5G enabled communications.

26 March 2019 11:21 AM IST

Business

Pentagon eyeing 5G solutions with Huawei rivals Ericsson and Nokia:...

Huawei has strongly rejected the allegations and earlier this month sued the US government over the issue.

26 March 2019 9:12 AM IST

Business

RCom shares jump after Mukesh Ambani bails out brother Anil on...

Telecom equipment maker Ericsson received 4.62 billion rupees ($67.42 million) from RCom as unpaid dues.

19 March 2019 10:44 AM IST

$Anil Ambani-led Reliance Group on Wednesday said it has sent a Rs 1,000 crore defamation notice to Mumbai Congress president Sanjay Nirupam for making \false and baseless\ allegations against the company.$ Business

Reliance Communications pays Rs 458.77 crore to Ericsson: sources

Failure to cough up the dues would have meant that RCom Chairman Anil Ambani would have faced a 3-month jail term.

18 March 2019 6:05 PM IST

In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

Business

BSNL to approach NCLT this week against RCom to recover Rs 700 cr

BSNL has already invoked bank guarantee of around Rs 100 crore submitted by RCom for default on payments, said sources.

17 March 2019 1:19 PM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

Business

RCom-Ericsson case: NCLAT declines to direct SBI to release Rs 259 cr

Apex court has asked RCom group to pay Rs 453 crore in four weeks, by March 19, failing which Ambani will have to go to...

16 March 2019 10:51 AM IST

Business

NCLAT reserves order on RCom plea to release funds

RCom has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson.

14 March 2019 8:48 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Business

Airtel to have European vendors Nokia and Ericsson for 4G calling...

Bharti Airtel CTO Randeep Sekhon declined to have any possibility of including Huawei in the 4G calling service network.

11 April 2019 2:00 PM IST