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R-Infratel eyes $1-bn from PE firms; may sell 10-15 pc stake

Posted on: June 12th 2009 in Stock News.

NEW DELHI: Anil Ambani group firm Reliance Infratel is looking to raise about Rs 5,000 crore (close to one billion dollars) through sale of shares, for which it is in talks with a number of private equity firms. Reliance Infratel, a subsidiary of the group’s telecom arm RCOM, is lo…

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RIL allots 21,173 shares to employees under ESOS

Posted on: June 10th 2009 in Stock News.

Diversified business conglomerate Reliance Industries (RIL) today said it has allotted 21,173 equity shares to its employees under the Employees Stock Option Scheme (ESOS). The company has allotted 21,173 shares of Rs 10 each to its employees on June 1, RIL said in a filing to the Bom…

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