Flag Telecom

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Flag Telecom - Total results - 2
Govt clears 11 FDI proposals worth Rs 2,325 cr; okays Sharekhan's Rs 2,060 cr stake sale
Business

Govt clears 11 FDI proposals worth Rs 2,325 cr; okays Sharekhan's Rs 2,060 cr stake sale

Out of the 18 foreign investment proposals considered, three including that of Idea Cellular Infrastructure Services and Flag Telecom were deferred for want of more information

RCom slips 3% on shelved Singapore IPO for cable unit
Investing

RCom slips 3% on shelved Singapore IPO for cable unit

RCom had expected to raise Rs 7,700 crore by parting with 75% of the submarine cables that were held by Flag Telecom, which is a unit of Reliance Globalcom. The proceeds were to be used to retire high-cost debt.