 "The lenders to Reliance Communications are meeting next week to discuss its future, after its two lifeline deals - a merger with Aircel and the sale of towers - collapsed")
Shares of Anil Ambani led Reliance Group companies rallied by up to 19% on the BSE on the back of heavy volumes in an otherwise subdued market.
Reliance Communications (RCom), Reliance Infrastructure, Reliance Power, Reliance Capital, Reliance Home Finance, Reliance Nippon Life Asset Management and Reliance Naval and Engineering were up 1% to 19% on the BSE on Tuesday. On comparison, the S&P BSE Sensex was down 0.2% at 33,933 points at 12:59 PM.
RCom, the largest gainer among ADAG pack, has rallied 19% to Rs 19.45 on the BSE in intra-day trade on back of heavy volumes,
Reliance Communications (RCom), Reliance Infrastructure, Reliance Power, Reliance Capital, Reliance Home Finance, Reliance Nippon Life Asset Management and Reliance Naval and Engineering were up 1% to 19% on the BSE on Tuesday. On comparison, the S&P BSE Sensex was down 0.2% at 33,933 points at 12:59 PM.
RCom, the largest gainer among ADAG pack, has rallied 19% to Rs 19.45 on the BSE in intra-day trade on back of heavy volumes,
