Tata Communications to pay fines to Reliance Communications
Tata Communications has now been told to pay damages and fines to rival company Reliance Communications.
These fines are related to the dispute in which Reliance Globalcom was denied access to cable landing station in Mumbai.
Reliance said that the fines would come to around $21.42 million including interest [...]

Reliance Communications plans to list FLAG on the London Stock Exchange
Indian telecom industry giant Reliance Communications has announced that they are planning to list their international communication subsidiary FLAG Telecom on the London Stock Exchange.
The company has already short-listed four merchant bankers for the float. These are rumored to be Goldman Sachs, Deutsche Bank, Morgan [...]

Reliance Communications could list FLAG on London Stock Exchange
Reliance Communications is the second largest mobile service provider in the Indian market after Bharti Airtel. The company is now rumored to be planning to list its wholly-owned Flag Telecom unit on the London Stock Exchange.
They are aiming to raise $500-$550 million through this listing.
The company could [...]