Global Cloud Xchange (GCX), the submarine cable unit of Reliance Communications (RCom), has commenced work on a submarine cable linking Mumbai to Singapore. The cable system will incur a total investment of $200 million (about Rs 1,200 crore).
Tag: Reliance Communication
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RCom to raise Rs 4,300 cr
Reliance Communications plans to raise Rs 4,300 crore by way of a qualified institutional placement of shares and a preferential offer to promoters.