According to latest business news Reliance Communications, India's No. 2 mobile operator, has revived IPO plans for its tower unit more than a year after it shelved a similar proposal amid a slump in equity markets worldwide.
Reliance Communications, which has 85 million subscribers and wants to reach 100 million by the end of the year, would also make a placement of shares to institutions at the appropriate time to cut debt, chairman Anil Ambani said at the annual meeting of shareholders. Read More...
Reliance Communications, which has 85 million subscribers and wants to reach 100 million by the end of the year, would also make a placement of shares to institutions at the appropriate time to cut debt, chairman Anil Ambani said at the annual meeting of shareholders. Read More...