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Now it is official. The value of Reliance Infocomm is Rs 22,531.52 crore.
Reliance Industries (RIL) on Tuesday decided to convert its preference shares into fully paid-up equity shares of the face value of Rs 1 each at the rate of Rs 32 per share.
RIL has an investment of Rs 8,100 crore represented by 162 crore […]
Throw away your old SIM card — you won’t have to worry about limited space for storing phone numbers or your SMS messages. Last fortnight, the France-based Gemplus unveiled at “Communications Asia” in Singapore plans for a new generation of cards which will provide customers with a huge one gigabyte of storage space, nearly 3,000 […]
Muted whispers against Dayanidhi Maran’s enthusiastic championing of the India ‘one rate’ concept suggest the move could result in a massive revenue dent to telecom entities and probably harm the interests of nearly two and half crore-phone users in the country. Besides the fear of revenue losses primarily for state-owned entities (that may only be […]
LG Electronics fledging GSM mobile handset manufacturing activity in India is already producing dividends in more ways than one. Set to produce 1,000 phones every day next month onwards, the facility has prompted a Korean battery pack manufacturer to come and set up shop in the country.
The move makes sense, as the LG plant, among […]
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