Tag Archives: Reliance

Reliance Communications Shines In A Lacklustre Market. Shares Up 6%.

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Reliance Communication surged 6 percent on reports that the company will sell 80 percent stake in its subsidiary Reliance Globalcom to a consortium led by Batelco for around Rs 6000 cr as part of a series of deals the group hopes to strike over the next 2-8 weeks. Earlier in the month Reliance Jio Infocomm Ltd and Reliance Communications Ltd had

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RIL parks over Rs 800 crore cash in Anil-led Reliance Group MFs

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Flush with billions of dollars in cash, Mukesh Ambani-led Reliance Industries has parked more than Rs 800 crore in various mutual fund schemes of younger sibling Anil-led Reliance Group. Reliance Industries has made these investments, totalling over Rs 800 crore, mostly in the Fixed Maturity Plans and other debt schemes of Reliance Mutual Fund, market sources said. Reliance MF is

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