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301-308 results from 308 for query «rcom»

6 July, 2014 12:25 PM Anil Ambani-led Reliance Group Hits Rs 1-Lakh Crore Market Value

Riding on a strong stock market rally, Anil Ambani-led diversified business conglomerate Reliance Group has crossed Rs 1 lakh crore market capitalisation (M-cap) mark as share prices of all its companies have gained sharply. This marks a significant turnaround since last year when the group's market value had touched a low of Rs 50,000 crore amid a widespread 23

4 July, 2014 5:36 PM Anil Ambani-led Reliance Communications plans to cut 37% workforce by month end

KOLKATA: Anil Ambani-headed Reliance Communications (RCOM) plans to slash 37 per cent of its 15,000-strong workforce by the month-end by outsourcing its call centre and sharedservices operations in a bold restructuring move aimed at exiting non-core businesses and cutting costs to boost profitability. India's fourth-largest telco will shortly ink deals 23

2 July, 2014 6:28 PM US, European Funds Buy Majority of RCom's Over Rs 4,800 Crore QIP: Report

US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP (qualified institutional placement) offering by telecom operator Reliance Communications (RCom). "About 84 per cent of QIP was picked up by Sovereign Funds and Pension Funds from US and Europe. A large chunk was also picked up by Indian mutual funds," a source 11

2 July, 2014 2:06 PM US, Europe funds buy majority of RCom's over Rs 4.8K cr QIP

US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications . "About 84 percent of QIP was picked up by Sovereign Funds and Pension Funds from US and Europe. A large chunk was also picked up by Indian mutual funds ," a source told PTI. After the Qualified Institutional 12

27 June, 2014 2:04 PM RCom Raises Rs 4,808 Crore in Share Sale to Institutional Buyers

Reliance Communications (RCom) today said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt. India's fourth-largest telecom operator announced plans to sell securities through a qualified institutional placement (QIP) on June 24, the biggest such fund-raising by a private firm. At a meeting today, the QIP committee 34

26 June, 2014 6:08 AM Sell Reliance Communications; target of Rs 124: ICICIdirect

“RCom’s board had approved a QIP issue of Rs 3000 crore that, according to media sources, has been oversubscribed several times. In addition, it would allot convertible warrants to the promoters for an additional Rs 1300 crore (8.67 crore warrants at Rs 149.61 each). The QIP was done at an offer price of Rs 142.14, (5 percent discount to the floor price 43

25 June, 2014 3:06 AM RCom, Reliance Infra, Maruti Suzuki in Focus Today

Reliance Communications on Tuesday said it will launch a QIP (Qualified institutional placement) of $500-$800 million for investors. This issue will lead to 10.2-16.4 per cent equity dilution in the company. The company has fixed the offer price at Rs 142.14 per share, which is at 5 per cent discount to its current market price. Under this issue, promoters 50

24 June, 2014 12:47 PM RCom Likely to Launch Up to $500 Million Share Sale: Report

Indian mobile phone carrier Reliance Communications Ltd (RCom) is set to launch as early as Tuesday an up to $500 million share sale to institutional investors, people directly involved in the deal said. Reliance Communications, headed by billionaire Anil Ambani, had as of March-end a net debt of Rs 40,178 crore ($6.7 billion), or more than five times 35