AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

INDIAN COMMUNICATION CO RCOM'S CAPEX MAY FALL IN FY 09.

AsiaPulse News

| October 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, Oct 1 Asia Pulse - Anil Ambani's Rcom (BSE:532712), which is in the midst of a Rs 500 billion (US$10.65 billion) investment programme, today said the company's capex is expected to decline significantly from 2009-10 onwards as the firm's spending has reached its peak.

"We are at the peak of our capex cycle. Starting next year, our capex intensity is likely to decline significantly. This is a transformational phase for our company with many of our large-scale initiatives currently at a project implementation stage," Reliance Communications's Chairman Anil Ambani said at the company's fourth AGM.

As these projects reach completion, we will reap the ewards for many years to come in the form of strong cashflows, substantially higher stakeholder value and a far superior experience for ...

Related articles from newspapers, magazines, journals, and more
Anil Ambani's pay packet fattens six-fold to Rs 13.5 cr.
News wire article from: PTI - The Press Trust of India Ltd. August 24, 2008 700+ words
...year before that. In comparison, Anil Ambani got total remuneration of about Rs 13.4 crore in 2007-08 from...RNRL and RCOM. A pay package of Rs 13.4 crore gives Anil Ambani an average payout of over Rs 4 per second for 2007-08, against...
Anil Ambani to pump in Rs 1,052 cr in RNRL.
News wire article from: PTI - The Press Trust of India Ltd. March 15, 2006 700+ words
Anil Ambani to pump in Rs 1,052 cr in RNRL Mumbai...Ambani Group (RADAG) Chairman Anil Ambani would pump in over Rs 1,000 crore in Reliance Natural...statement by RNRL said. Earlier Anil Ambani had pumped in Rs 2,500 crore in Reliance Capital...
Punjab Govt approves Anil Ambani's Rs 5000 crore SEZ.
News wire article from: PTI - The Press Trust of India Ltd. June 1, 2006 700+ words
Punjab Govt approves Anil Ambani's Rs 5000 crore SEZ Chandigarh, June 1...The Punjab Government today cleared Anil Ambani group's Special Economic Zone...others involving a total investment of Rs 12,370 crore. The Anil Dhirubhai...
Mixed reaction to Anil Ambani's resignation from RS.
News wire article from: PTI - The Press Trust of India Ltd. March 25, 2006 700+ words
Mixed reaction to Anil Ambani's resignation from RS New Delhi, March 25 (PTI) Industrialist Anil Ambani's resignation from Rajya Sabha in the...rules and discipline would not apply to Anil Ambani as he was elected as an Independent candiate...
Anil Ambani buys 15% in Spanco for Rs 30 cr.
News wire article from: Asia Africa Intelligence Wire August 19, 2005 700+ words
...solutions company, for about Rs 30 crore. Spanco's...basis to an undisclosed Anil Ambani group company for about Rs 100 per share. Industry...shares surged 20% to Rs 122.90 on Thursday. In the past one month, the Anil Ambani group has picked up small...
Anil Ambani unveils Rs 12,000 cr investment plans in TN.
News wire article from: PTI - The Press Trust of India Ltd. September 9, 2006 700+ words
Anil Ambani unveils Rs 12,000 cr investment plans in TN Chennai...Anil Dhirubhai Ambani Group Chairman Anil Ambani today committed to set up a Special Economic...the Tamil Nadu capital and also invest Rs 12,000 crore for a 1,000 MW power...
REL plans Rs 60,000-cr investment in 5 yrs: Anil Ambani.
News wire article from: PTI - The Press Trust of India Ltd. July 10, 2007 700+ words
REL plans Rs 60,000-cr investment in 5 yrs: Anil Ambani Mumbai, Jul 10 (PTI) - Reliance Energy Ltd plans to invest Rs 60,000 crore over the next five...generation capacity, company chairman Anil Ambani said here today. "REL is set...
Anil Ambani to invest Rs 1,500 cr in Energy.
News wire article from: Asia Africa Intelligence Wire July 20, 2005 700+ words
...Enterprises (ADAE) will invest Rs 1,500 crore in Reliance Energy...preferential allotment. This is Rs 500 crore more than what Anil Ambani, REL's chairman, promised to...u REL's net worth to rise to Rs 8,200cr: On Tuesday, the shareholders...
Anil Ambani group to invest Rs 100 cr in Phase I.
News wire article from: Business Line November 8, 2006 700+ words
...gas trapped below coal seams, the Anil Ambani group, whose consortium has bagged...looking at an investment of close to Rs 100 crore in the first phase of exploration...is planning an investment of about Rs 2,250-Rs 2,700 crore over a period of 20...
Anil Ambani plans to invest Rs 12,000 cr in TN.
News wire article from: Business Line September 10, 2006 700+ words
...Ambani Group plans to invest over Rs 12,000 crore through two projects in Tamil Nadu - a Rs 10,000-crore multi-product Special Economic Zone and a Rs 2,000-crore information technology...Anil Dhirubai Ambani Group, Mr Anil Ambani, told presspersons here on Saturday...
For more facts and information, see all results

Source: HighBeam Research, INDIAN COMMUNICATION CO RCOM'S CAPEX MAY FALL IN FY 09.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA