Mumbai : Reliance Communications (RCoM) Chairman Anil Ambani said talks are in progress with partners for selling stake in its communications services business unit — Reliance Globalcom.   He was addressing shareholders at the 9th annual general meeting here. He, however, did not name any company with whom talks are going on.

Seperately, while addressing shareholders of Reliance Capital, Ambani said he was hopeful of getting a banking licence for ‘Reliance Bank’ and said the proposed venture would be listed as a separate entity with an IPO after three years.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal