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Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. [ 3 ]
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani 's business was divided up, is headed by his younger son Anil Ambani . [ 1 ]
Acquired by Reliance Communications [26] Aircel: 1999 2018 Bankrupt [27] Telenor: 2006 2018 Acquired by Airtel [28] Idea Cellular: 2002 2018 Merged with Vodafone India to form Vodafone Idea [29] [30] Vodafone India: 2011 2018 Merged with Idea Cellular to form Vodafone Idea [29] [30] Tata DoCoMo: 2009 2019 Acquired by Airtel [31] Reliance ...
The big shareholder groups in Reliance Communications Limited (NSE:RCOM) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to ...
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Reliance Jio Infocomm Limited (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India. Its 6G service is in the works. [10] [11] [12] [13]
In April 2006, RPL went public as a Reliance subsidiary at a price of Rs. 60 per share. The market crashed by 30% after it floated at roughly Rs. 100, and RPL was back at 60.
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [32]