Friday, Apr 26, 2024 | Last Update : 12:29 AM IST

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RCom starts process to monetise real estate assets

RCom will receive Rs 11,000 crore from sale of its tower business to Canadian firm Brookfield Infrastructure.

22 Jun 2017 9:54 AM

Govt policy should allow telcos to cover costs: Idea

Vodafone, on the other hand, said call connect charge at 14 Paise is already below cost.

16 Jun 2017 3:31 PM

Anil Ambani will not take any salary from RCom this year

Amabni's decision comes in backdrop of Reliance Communications recording worst quarterly profit.

14 Jun 2017 3:29 PM

RCom disagrees with Moody's and Fitch ratings

RCom said the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.

07 Jun 2017 6:19 PM

Trai to meet telcos next week on sector's financial stress

Key demands of the industry including reduction of licence fee and spectrum charges have already been favoured by the Trai.

07 Jun 2017 5:44 PM

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RCom shares slide post Moody's and Fitch ratings

Shares of Reliance Communications fell further in pre-open trade post credit rating agencies Moody's and Fitch downgraded the company.

07 Jun 2017 11:41 AM

Telecom min Manoj SInha to meet telcos on June 22-23

The panel has asked telecom firms to provide their total annual revenue, operational expenses, net profit, market share and other details.

06 Jun 2017 6:17 PM

Telecom woes not a threat for Indian banks:Fitch

Fitch said Indian banls' exposure to other troubled sectors like steel and iron companies is more dangerous.

06 Jun 2017 12:27 PM

Yes, we can reduce RCom's Rs 45K crore debt: Ambani

Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.

03 Jun 2017 10:12 AM

Reliance Communications gets 7 month relief to lower debt

Will consider strategic sale of global business to pare debt.

03 Jun 2017 12:27 AM

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Why RCom profit loss did not affect Anil Ambani's wealth

Reliance Group founder’s wealth has swelled by about $82 million to $2,700 crore, says report.

02 Jun 2017 12:49 PM

Pain from phone wars extends beyond RCom's sibling spat

RCom said it was in talks with banks to defer loan repayments due over next four months.

31 May 2017 10:39 AM

RCom stock slides further on concerns about loan repayments

RCom's shares fell as much as 7.6 per cent in early trading on Tuesday before paring losses to be down 4 per cent.

30 May 2017 11:09 AM

RCom shares hit record low on fourth-quarter loss

RCom reported a $150 million fourth-quarter loss and worries about its heavy debt load resurfaced.

29 May 2017 10:56 AM

RCom Q4 loss at Rs 948 crore on disruptive pricing

Company had registered net profit of Rs 79 crore in corresponding period of previous year.

29 May 2017 9:59 AM

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RCom shareholders approve merger with Aircel

RCom and the present shareholders of Aircel will hold 50 per cent stake each in the merged entity.

24 Apr 2017 4:36 PM

Reliance Communications-Aircel deal gets CCI nod

Transaction will reduce RCom's debt by Rs 20,000 crore (USD 3 billion), while Aircel's debt would go down by Rs 4,000 crore.

20 Mar 2017 12:03 PM

RCom gets SEBI nod for merger with Aircel

Company has also filed application with National Company Law Tribunal for approval of scheme.

15 Mar 2017 12:54 PM

Reliance Jio's new offer: 1G 4G data at Rs 49

The Reliance Communications plans under the new 'Joy of Holi' offer come with a 28-day validity.

12 Mar 2017 10:00 AM

Rel Comm offers 'Joy of Holi' free 4G data at Rs 49

Anil Ambani-led group firm has also announced variants of plan for its 3G and 2G customers.

10 Mar 2017 2:33 PM

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