Anil Ambani to invest Rs 5k crore in naval facility


Expanding his defence sector play, Reliance Group Chairman Anil Ambani on Sunday announced setting up of a new naval shipbuilding facility with an initial investment of Rs 5,000 crore. Read Articles 

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RCom, Jio enter 800 Mhz spectrum sharing pact

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Ahead of the commercial launch of Reliance Jio (RJio) in April, the Ambani brothers on Monday inked the spectrum trading and sharing agreements for 800 Mhz spectrum, which will bolster RJIo’s spectrum holdings. Anil Ambani’s Reliance Communication (RCom) signed spectrum trading agreement with Mukesh Ambani’s Reliance JIo Infocomm for 800 Mhz licences in nine circles.  Read Articles  
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