Reliance Communications Venture lists on Indian bourses

Reliance Communications Venture Limited, the holding company of Reliance Telecom and Reliance Infocomm started trading on March-6th. The stock closed at Rs290 giving it a market capitalisation of around Rs35,000 crores (USD 8 Billion). The financials of the company are still not crystal clear as group and family interests have always overruled small investors in the Reliance family . Bharti Tele-Ventures leads the telecom stocks in India with a market cap double than that of Reliance Communications.

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