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Reliance Jio likely to launch 4G services in 880 cities by mid-July: Credit Suisse

May 20, 2015

Reliance Jio likely to launch 4G services in 880 cities by mid-July: Credit Suisse

RJio is the only private player with pan-India broadband wireless access (BWA) spectrum. It also acquired spectrum in 800 MHz and 1,800 MHz in auctions held in 2014 and 2015. #Business #Reliance Industries #Mukesh Ambani #Credit Suisse #CompanyWatch #4G #Reliance Jio
Airtel best positioned to respond to Reliance Jio 4G services: report

May 20, 2015

Airtel best positioned to respond to Reliance Jio 4G services: report

The report, however, said given the scale of investments, network capacity size, and differentiating investments (spectrum/fibre backhaul, etc.) made, it believe even Bharti's numbers could come under pressure in the next couple of years. #Business #telecom #Credit #NewsTracker #Airtel #4G #Reliance Jio #suisse
Reliance Industries to raise Rs 10K cr through NCD

May 20, 2015

Reliance Industries to raise Rs 10K cr through NCD

The RIL will seek shareholder nod on June 12 to "offer of invite subscriptions for secured/unsecured redeemable non-convertible debentures, in one or more series/tranches, aggregating up to Rs 10,000 crore on private placement." #Business #Reliance Industries #CompanyWatch #Annual general meeting #corporate #Non-convertible debenture
Reliance Industries head Mukesh Ambani keeps salary capped at Rs 15 cr for seventh year

May 20, 2015

Reliance Industries head Mukesh Ambani keeps salary capped at Rs 15 cr for seventh year

Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries. #Business #Reliance Industries #Mukesh Ambani #CompanyWatch #Nita Ambani #corporate #Nikhil R Meswani #Hital R Meswani
Reliance Industries raises $200 mn through Formosa bonds in Taiwan

May 19, 2015

Reliance Industries raises $200 mn through Formosa bonds in Taiwan

The debt, bought primarily by Taiwanese life insurance companies, offers investors a fixed interest rate of 5 percent, payable half-year, the company said in a statement. #Business #Reliance Industries #CompanyWatch #Deutsche Bank AG #corporate #HSBC Holdings #Formosa bonds #Taipei Exchange
FIPB to consider Kotak Bank's FDI proposal on 28 May

May 18, 2015

FIPB to consider Kotak Bank's FDI proposal on 28 May

India allows FDI in most of the sectors through automatic route, but in certain segments considered sensitive for the economy and security, the proposals have to be first cleared by FIPB. #NewsTracker #Star India #FIPB #Kotak Mahindra Bank #Torrent Pharmaceuticals #Strides Arcolab #ING Vysya Bank #Eros International Media #Indian Rotocraft #Rajiv Mehrishi #Reliance Golbalcom
Reliance dials China for cheaper handsets to make 4G service affordable

May 14, 2015

Reliance dials China for cheaper handsets to make 4G service affordable

Reliance Industries has spent $13 billion in the last five years on the 4G Reliance Jio push that will mark its return to telecoms, but it has faced a string of delays as it completes its network. #Reliance Industries #Mukesh Ambani #telecom #Anil Ambani #Huawei #Reliance Communications #CompanyWatch #4G #Reliance Jio #Gionee #xiaomi #Boston Consultancy Group
Reliance Jio raises Rs 4500 cr loan from Korean co to buy gears for 4G rollout

May 13, 2015

Reliance Jio raises Rs 4500 cr loan from Korean co to buy gears for 4G rollout

Telecom arm of RIL, Reliance Jio Infocomm today said it has raised a $750 million (nearly Rs 4,500 crore) loan that will be used to finance goods and services from Samsung Electronics and Ace Technologies Corp, which are being tapped for its infrastructure rollout. #telecom #Korea #4G #Reliance Jio
HDFC makes to world's top-10 list of consumer finance firms

May 10, 2015

HDFC makes to world's top-10 list of consumer finance firms

In the overall list, HDFC is ranked 485th, while Mukesh Ambani-led Reliance Industries leads the pack of the Indian companies at 142nd overall position. #Reliance Industries #Mukesh Ambani #HDFC #Visa #CompanyWatch #MasterCard #American Express