reliance communications
RCom dips over 2 per cent as Fitch withdraws ratings
RCom stock opened at Rs 11.10 and slumped 2.38 per cent to touch an intra-day low of Rs 11.07 on the BSE.
Fitch withdraws Reliance Communications rating
Fitch will no longer provide ratings or analytical coverage for RCom.
RCom to sell DTH arm BIG TV to Pantel Tech, Veecon Media
The move is aimed at reducing debt and benefiting all stakeholders, including lenders and shareholders of RCom.
Moody's withdraws RCom's corporate family rating
At the same time, Moody's has also withdrawn the Ca rating on RCom's senior secured notes.
NCLAT notifies RCom about 'dues' of Manipal Technologies
The company has claimed a due of Rs 2.7 crore for the biometrics fingerprint scanners supplied to RCom in 2016.
RCom to shut voice calls from Dec 1, to only continue 4G data services
Trai said that RCom has informed it has sent all the necessary information regarding closure of voice calls.
RCom, subsidiary GCX's ratings unaffected by debt repayment plan: Fitch
Re-rating will happen after clarity on the execution of sale of its assets and the capital structure of the revamped entity.
RCom shares in heavy demand; zoom over 16 per cent
Firm will sell telecom tower and real estate businesses to pay off Rs 27,000 cr out of Rs 45,000 cr of debt.
RCom says it has agreed to debt repayment plan
The announcement comes after the unravelling of its previous debt repayment plan, which had hinged on merging with rival Aircel.
RCom shares jump 10 per cent on debt repayment plan
Under a central bank debt restructuring plan, RCom's lenders will also swap Rs 70 billion of the loans to take a 51 per cent stake.