Telecommunications

India’s largest company is caught in geopolitical tensions. But it faces the biggest challenge at home

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India’s largest company is caught in geopolitical tensions. But it faces the biggest challenge at home

There could be 20% upside for Reliance Industries’ shares, according to Shrikant Chouhan of Kotak Securities. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images India’s largest business group, Reliance Industries, has been battling geopolitical headwinds in its oil refining and, reportedly, in one of its new energy ventures. But those are not the … Read more

Italy’s Telecom Italia wins $1.2 billion court payout, eyes savings share conversion

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Italy’s Telecom Italia wins .2 billion court payout, eyes savings share conversion

Bloomberg | Bloomberg | Getty Images Telecom Italia (TIM) said Italy’s highest court had ruled in its favour in a long-running concession fee case, confirming the group is owed just over 1 billion euros ($1.2 billion) to end a dispute that has dragged on for over two decades. In a statement on Saturday, the former … Read more