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RCom acquires WiMax operator eWave World, to expand global footprint Anil Dhirubhai Ambani Group's (ADAG) flagship company and India's second largest mobile services provider, Reliance Communications said it has acquired eWave World, a UK-based WiMax operator for an undisclosed sum. 25 Apr 2008
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Reliance Industries declares Q4 results, net profit up 24 percent India's top listed Reliance Industries Ltd (RIL) posted strong fiscal results, saying its quarterly profit rose by nearly 25 percent and forecast high future earnings on natural gas sales. 22 Apr 2008
Reliance Energy is now Reliance Infrastructure Anil Dhirubhai Ambani (ADA) Group firm Reliance Energy has went in for an image makeover, by changing its name to Reliance Infrastructure as it reflects the company's businesses more appropriately. 02 Apr 2008
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RCom to acquire WiMax operator in Europe, expand services in 50 countries Anil Dhirubhai Ambani Group (ADAG) company Reliance Communications (RCom) has expressed interest in acquiring a Europe-based specialty WiMax operator for about $300-400 million and plans to become a major player in the international telecommunication market by expanding the WiMax services across 50 countries in the next 2-3 years. 24 Mar 2008
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Reliance Capital initiates microfinance in Gujarat Anil Ambani-led Reliance Capital initiated its drive to deepen the penetration of microfinance at the grassroots level and has partnered with microfinance institutions (MFIs) in Gujarat and Maharashtra. 17 Mar 2008
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Reliance Communications to invest $500 million in Uganda Reliance Communications, an Anil Ambani group company, has acquired Uganda-based Anupam Global Soft, a company holding public infrastructure provider license (PIPL) and public service provider license (PSPL) issued by Uganda Communications Commission, and is targeting to invest around $500 million (Rs. 2,000 crore) in the region. 10 Mar 2008
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Reliance Energy announces $500 million share buy-back plan Anil Dhirubhai Ambani Group (ADAG) company Reliance Energy Limited (REL) announced, Wednesday, its board has approved buyback of shares worth upto Rs.2,000 crore ($500 million) in a bid to ward off volatility and speculative activity in its share price and improve the company's valuation. 08 Mar 2008
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Reliance Communications, HDFC Bank join hands to launch virtual credit card Anil Dhirubhai Ambani Group's (ADAG) flagship company Reliance Communications and India's second largest private sector bank, HDFC Bank, have joined hands to offer to India's first virtual credit card - Reliance mPay credit card - to Reliance mobile users across India. 21 Feb 2008
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Reliance Power slumps on debut; IPO appetite dulled Shares in India's Reliance Power sank as much as 21 percent in a chaotic debut on Monday as valuation concerns and global market turmoil dented investor demand following its $3 billion IPO, the country's largest. 11 Feb 2008
