Tag Archives: CAPEX

GTPL bags 12.46 billion rupee order to link 3,767 Gram Panchayats in Gujarat

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Exchanges in India on Friday, GTPL Hathway Ltd said of having bagged BharatNet Phase-II project in the Gujarat to connect 3,767 gram panchayats (village civic bodies) valued at 1,245.77 crore (~12.46 billion) rupees. GTPL Hathway Limited (“the Company”) has been awarded the

Anil Ambani led RCom announces strategic transformation for India & Emerging Markets

MUMBAI | RAJKOT – In a press-release submitted to the Indian Bourses, Reliance Communications Limited (RCOM) and its subsidiary, Global Cloud Xchange (GCX), today shared updates on the company’s strategic transformation plan and its commitment to the growth and enhancement of its fixed-line communications, data center, subsea cables and enterprise services globally. “As the company moves

Apex Courts nods asset sale for ADAG’s RComm, the company to proceed with 250 billion rupee asset monetization plan

MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India on Monday, Reliance Communications Ltd (ADAG owned Telecom Entity) said of having got nod from the Apex Court of the nation for asset sales. Supreme Court of India has passed an order dated August 3, 2018, removing all uncertainties, and given a

Anil Ambani led R-Comm confident to continue B2B segment biz amidst the turmoil in Telecom sector

MUMBAI | RAJKOT – Anil Dhirubhai Ambani Group (ADAG) led telecom arm Reliance Communication Ltd in a filing to exchanges has detailed its exit from Business-to-Consumers (B2C) vertical in telecom sector and the company continues to remain in business focusing on Business-to-Business (B2B) vertical. In light of recently held various analyst meets and media reports

Cera Sanitaryware Q4 PAT dips 6% (YoY), co outlays 1-bln-rupee CAPEX for FY2018-19

KADI | MUMBAI | RAJKOT – Despite of marginal growth in topline, Cera Sanitaryware Ltd’s bottomline for fourth quarter of fiscal year 2017-18 dipped 6% year-on-year and for Jan-Mar company reported 306.07 million rupees net profit as against 326.39 million rupees for the same quarter during last fiscal year. Significant rise in expenditure, dip in