- Reuters•6 days ago
India's Reliance Industries plans to spend a further $2.8 billion on its Jio telecoms business in the current quarter, it said on Monday, taking its investment in the venture to more than $30 billion. Reliance derives the bulk of its revenue from its core refining and petrochemicals operations, but the group has bet big on Reliance Jio Infocomm. The project backed by Reliance owner Mukesh Ambani launched in September in a flurry of cheap phones, free voice and cut-price data plans that have forced rivals to respond.
- Reuters•2 months ago
Nokia sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company's chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators. Speaking at a news conference ahead of the Mobile World Congress in Barcelona, Suri also predicted a new wave of industry consolidation among telecom operators in the U.S. and Indian markets in the course of 2017. The pent-up demand for action is there," Suri said.
- Barrons.com•2 months ago
India's mobile telecom industry is going through a seismic change. The Economic Times reported that Vodafone (VOD) and Idea Cellular (532822.India) can seal their merger deal in a month. A definitive agreement ...
RCOM.NS : Summary for RELIANCE COMM LTD INR5 - Yahoo Finance
Reliance Communications Limited (RCOM.NS)
NSE - NSE Real Time Price. Currency in INR
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|Day's Range||34.30 - 35.25|
|52 Week Range||30.60 - 58.15|
|PE Ratio (TTM)||-27.99|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|