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In 2007, Anil Ambani’s worth was $45 bn, while Mukesh’s was $49 bn. In 2017 Forbes List, Anil’s worth had shrunk to just $3.15 bn while Mukesh’s was $38 bn. Source: Company
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With the closure of this deal, DLF promoters have received Rs 8,950 crore from GIC and another Rs 1,600 crore from the rental arm, DLF Cyber City Developers Ltd (DCCDL). Source: Company
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DVAT: Due date for submitting details of closing stock extended to December 31, 2017 Source: Taxmann
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Ambani said that there will be no conversion of debt into equity as reported earlier and that RCom will complete the process between January to March 2018. Source: Company
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With the closure of 84 outlets on Monday, over half of McDonald’s restaurants in North and East India have now downed shutters. Source: Company
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Govt. has issued the SEBI (Issue and Listing of debt securities) (Second Amendment) Regulations, 2017 wherein the definition of ‘debt securities’ has been expanded to include Real Estate Investment Trusts and Infrastructure Investment Trusts. Source: Taxmann
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Anant has so far been involved in sporting events including the Indian Premier League in which RIL owns the Mumbai Indians team. Source: Company
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Datta said 5G will empower hackers to easily flood servers with the enormous bandwidth at their disposal, making likely attacks more drastic. Source: Company
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In the last few months, telecom operators have rolled out multiple monthly plans around Rs 199 range with data benefits to attract more customers. Source: Company
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BSNL currently has 5MHz spectrum in the 2100 MHz band that would be sufficient to get its 4G project rolling initially. Source: Company