Reliance Industries is making room to add as much as $3 billion to borrowings.
RCom soared after payment settlement with Ericsson’s local unit, allowing it to proceed with an asset sale to Jio.
RCom and Ericsson agree to settle a dispute over unpaid dues.
Sunil Mittal looks to pump over $1 billion into a hotel chain founded by his son-in-law in London.
Making money in India’s telecom market, two decades ago, would’ve been a no brainer. Now, it’s nightmare.
RCom climbed by a record after a report that the indebted company is in settlement talks Ericsson.
Mukesh Ambani’s efforts for bailing out his brother are fading after a tribunal put RCom in insolvency proceedings.
NCLT’s order will jeopardise RCom’s proposed $3.7 billion asset sale to Reliance Jio.
Tata Power to ramp up its renewable capacity fourfold.
Airtel will use cash from listing of Africa unit, sale of tower stake.
Bharti Airtel Tower Unit Agrees to Merge With Rival Indus
Mukesh Ambani’s Reliance Jio may be aided by quirky accounting.
A corporate court allowed lenders to proceed with selling some assets of Reliance Communications to Reliance Jio.
Billionaire Mukesh Ambani’s plan to roll out broadband internet services has disruptive potential, says S&P Global.
Companies owned by billionaires Mukesh Ambani and Sunil Bharti Mittal may raise as much as Rs 36,500 crore.
Steel Tycoon Smells Opportunity Amid Trump, Xi Tariff Showdown
UltraTech Cement aims to aggressively cut its debt over the next two years to help prepare for more acquisitions.
India is clipping the wings of businessmen it considers a flight risk.
SBI approaches apex court to challenge decisions that halted the sale of assets by RCom.
Birla Offers $1.1 Billion to Grab Binani From Bain-Backed Group
India extended the time limit for payment of spectrum-related charges to the government.