News Global - Instablogs
Dec 11 2009
Government may impose a penalty on Reliance Communications Ltd after examining a state audit report that found the No. 2 telecoms firm under-reported revenue for two years, the telecoms minister said on Thursday. Andimuthu Raja told parliament his...
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Dec 10 2009
Reliance Infrastructure, Reliance Natural Resources and Reliance Communication have violated overseas debt norms The government on Tuesday said three Anil Ambani group firms - Reliance Infrastructure, Reliance Natural Resources and Reliance...
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Dec 8 2009
The oil ministry has told the Supreme Court that Anil Ambani’s Reliance Natural Resources (RNRL) was fully aware that the Production Sharing Contract between Reliance Industries and the government for KG basin gas required the prices to be approved by...
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Dec 7 2009
The Reliance-Anil Dhirubhai Ambani Group received a setback on Friday when the Allahabad high court struck down a February 2004 notification of the Uttar Pradesh government led by Mulayam Singh Yadav that used special powers to acquire 2,500 acres from...
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Nov 9 2009
Four employees of power discom BSES have been booked by the Delhi Police for threatening to implicate a man in a false case of electricity theft. The four were posted at the company’s Karkardooma office. Rampal Singh, a resident of Karawal Nagar...
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Nov 6 2009
The move expands the scrutiny on RCom after a govt-appointed audit firm’s report pointed to discrepancies The apex body of accountants, the Institute of Chartered Accountants of India, or Icai, has said that it is investigating Reliance...
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Nov 5 2009
The finance ministry has asked the Reserve Bank of India (RBI) to reconsider applications from the Anil Dhirubhai Ambani Group (ADAG) to raise foreign loans after receiving a representation from the group’s chairman Anil Ambani. The finance...
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Nov 2 2009
Citi puts Sell rating on R Com Audit Report – Says Revenue Reconciliation Needs Greater Clarity Reliance Communications, the nation’s second largest wireless telephony company, on Saturday announced 51% decline in quarterly profit due to forex...
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Oct 22 2009
After Satyam and RCOM, now NTPC a leading PSU is following the foot steps of such these companies. As per media reports NTPC has overstated its profits by 938 crore in 2007-08, the Comptroller and Auditor General of India (CAG) said in a report. ...
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Oct 20 2009
The Indian School of Business is one of the most prestigious business schools in the world and was established to rival IIM. The business school has renowned and industry leaders on the board of directors, however, some of its executive board members...
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