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VCC Digest: RCOM To File Criminal Case Against RIL Officials & Other Stories
Posted on June 18, 2008
Upset RCom may sue RIL: Communications (RCom) may initiate criminal proceedings against Reliance Industries (RIL) officials involved in the signing of Jan. 12, 2006 agreement, if RIL continues to assert its right of first refusal (to buy a majority stake in RCom) based on the agreement, reports The Hindu Business Line.Tata s Indian Hotels: Shareholders of Indian Hotels, a Tata group hospitality company, having failed to raise Rs 600 crore may have to bring their own funds to bail out the rights issue, reports ET. Heineken-ABP-UB: Dutch beer giant Heineken has indicated it will not leav...
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