Telecoms carrier Reliance Communications said on Wednesday the Singapore stock exchange approved its undersea cable unit for an IPO that could raise more than $1 billion.

Shares in Reliance Communica

Reliance Capital on Wednesday said it has got approval from the Indian market regulator Sebi and the Monetary Authority of Singapore (MAS) for Rs 1,450-crore stake sale in its mutual fund business uni

The Reserve Bank of India has approved Anil Ambani-led Reliance Group's Rs 1,450-crore stake sale in its mutual fund business unit to Japan's Nippon Life.

The diversified conglomerate's financial ser

Anil Ambani-promoted Reliance Infrastructure (RInfra) has said it is expecting almost three-fold rise in revenue from the infra vertical to Rs 1,000 crore in fiscal 2013.

"We are looking at a revenu

Reliance Communications, India's second-biggest mobile phone carrier by subscribers, reported its fiscal fourth-quarter profit nearly doubled on sharply lower costs, in what is its first profit rise i

Reliance Communications reported its 10th straight quarter of declining profit as interest costs soared, with investors betting on a sale of the No. 2 mobile operator's tower business to pare its heav

Debt-laden mobile phone carrier Reliance Communications posted its ninth straight drop in quarterly profit with investors awaiting a deal to sell its tower unit and bring in much needed funds.

India'

India's richest are getting poorer, according to Forbes, as falling stock prices, corruption scandals in Asia's third-largest economy and a global slowdown wiped 20 percent off the total value of the

The Supreme Court reserved its verdict on examining the alleged role of home minister P. Chidambaram in the 2G scam case.

And now, additional documents have been submitted to SC to show how the fina

The CBI, which had said that it was still probing the role of RADAG Chairman Anil Ambani in the 2G scam, has given a clean chit to him in the structuring of different companies and transfer of funds r