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TATA Tele exploring options to be sold to RIL

According to  recent survey, Indian telecom industry is all set to be consolidated with just 4 companies in the fray by 2020. We saw the merger of Vodafone with Idea, MTS and Aircel with Reliance Infocomm leaving BSNL, Jio and Tata Tele. Tata Tele which has bought out its Japanese partner after it decided to exit following the failure to ... Read More »

RIL Net Profit for Q1 rises

Reliance Industries Ltd on Thursday reported its highest quarterly consolidated net profit of Rs 9,108 crore (Rs 91.08 billion) in three-months to June 30 on the back of higher petrochemical margins and one-time gain from sale of African asset. The net profit when compared to the same quarter last year stood at 28 per cent higher. The amount for last year ... Read More »

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