reliance communications
RCom debt repayment plan: Lenders to have 51 per cent stake in company
RCom said it has made a comprehensive 'debt resolution plan to its domestic and foreign lenders'.
Reliance Communications presents new debt repayment plan
RCom, controlled by billionaire Anil Ambani, will retain debt of Rs 60 billion after the completion of the new repayment plan.
RCom shares continue to fall; down nearly 5 per cent
RCom has decided to adopt a 4G-focused strategy for profitable growth of its wireless business.
RCom to shut down 2G mobile business by November
The company’s more than 40 million customers will have to upgrade to 4G or migrate to other operators, the sources said.
RCom may shut wireless biz in 1 month due to 'creative destruction' by Jio
Reliance Jio has been offering voice calls practically free of cost and data packs at rock-bottom prices.
RCom aborting merger with Aircel is credit negative for Anil Ambani's firm: Moody's
RCom and Aircel had in September, 2016 signed a binding agreement to merge their mobile businesses.
RCom files application for withdrawal of tower biz demerger
The renegotiated deal will be filed afresh with the NCLT in a new demerger petition.
RCom shares slump over 9 per cent after Aircel deal hits dead end
RCom and Aircel had signed binding agreements in September 2016 for the merger of mobile business.
Debt-reeling RCom to get lower value in Brooklyn deal post collapse of Aircel merger
Reliance Communications Limited is currently saddled with a debt of USD 6.8 billion.
RCom brings Garg, Manikantan on its board
The company expanded its board by inducting senior executives as additional directors, according to the filing.