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Monday, March 06, 2006
Reliance Communications NSE Listed

Reliance Communications Venture Limited, the holding company of Reliance Telecom, Flag Telecom and Reliance Infocomm listed on NSE today. The stock closed at Rs290 giving it a market capitalisation of around Rs35,000 crores (USD 8 Billion). The financials of the company are still not available as group and family interests have always overruled small investors in the Reliance family . Bharti Tele-Ventures leads the telecom stocks in India with a market cap double than that of Reliance Communications.
Published on Monday, March 06, 2006 at 8:39 PM   0 comments
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