| Anil ups Reliance Comm stake |
| OUR CORPORATE BUREAU / Mumbai March 13, 2006 |
| Group restructuring to increase market cap to over Rs 61,000 cr. The Anil Ambani-controlled Reliance Anil Dhirubhai Ambani Group (Reliance-ADAG) today announced a major restructuring of its telecom empire to make Reliance Communications Ventures (RcoVL) the flagship company having control of the assets and franchises of all operating firms. The scheme proposed that RcoVL would merge Reliance Infocomm (RIC) with itself. It will have wholly owned subsidiaries |
