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Reliance Communications

Reliance Communications
The latest news and top stories on Reliance Communications. A former telecommunications firm headquartered in Navi Mumbai Maharashtra India, Reliance Communications historically provided mobile communication internet connectivity fixed-line and data centre services. Primarily serving corporate clients and consumers, it once held a significant market position with extensive fibre optic networks and a large undersea cable system. The company filed for bankruptcy in 2019 and is undergoing insolvency. Recently, the Central Bureau of Investigation opened a criminal case against the Anil Ambani-linked firm following a State Bank of India complaint alleging fraud and misappropriation of funds.
India

India’s fighter jet engine race heats up as Reliance, Rolls-Royce enter fray

Analysts say the pair gatecrashing a French firm’s bid gives India options, but questions remain about delivery.

Reliance Jio’s IPO set to intensify investor focus on India’s telco sector

2 tankers carrying India’s Reliance fuel ditch Europe, divert to Asia

Asian buyers are rushing to secure fuel as the near halt in traffic in the Strait of Hormuz, due to war, constrains oil supplies.

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