RCom | The Asian Age

Friday, Apr 19, 2024 | Last Update : 08:37 AM IST

RCom Page-2

After accounting for the shares released (1.39 per cent), the total shares pledged with it now stand at 25.40 crore or 9.18 per cent. (Photo: PTI)

Additional RCom shares pledged with Axis Trustee

Axis Trustee said 17.25 crore or 6.24 per cent shares of RCom were previously pledged with it.

23 Feb 2019 7:32 PM

Reliance communications Chairman Anil Ambani.

RCom seeks lenders' nod for release of Rs 260 cr in bank account to Ericsson

RCom is confident of raising the balance approximately Rs 200 crore for payment to Ericsson

21 Feb 2019 12:22 PM

RCom has been reeling under a debt of over Rs 46,000 crore. (Photo: File)

RCom shares battered further, tank nearly 13 percent

RCom stock plummeted 10.84 per cent to Rs 4.85 on BSE, at NSE, shares crashed 12.61 per cent to Rs 4.85 apiece.

06 Feb 2019 1:00 PM

Telecom tribunal exempts RCom from one-time spectrum charge

TDSAT also directed the DoT to return a 20 billion rupees bank guarantee made by the company.

05 Feb 2019 4:49 PM

RCom said on Friday it approached the NCLT as lack of regulatory approval for asset sales. Photo: PTI

Reliance Communications moves appellate court to withdraw Ericsson appeal

Mumbai-based RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law Tribunal.

05 Feb 2019 3:43 PM

Reliance Communication Chairman Anil Dhirubhai Ambani.

SC seeks response from Anil Ambani on Ericsson's contempt petition

The bench then directed R Com to deposit a demand draft of Rs 118 crore in the registry.

07 Jan 2019 12:04 PM

The transactions are to be consummated subject to various approvals that are presently in progress.

RCom, Reliance Jio extend validity of asset sale pact to June 28

Reliance Communications had earlier asserted that the requirement of giving bank guarantee as per DoT's demand.

31 Dec 2018 1:37 PM

RCom settles case of alleged failure to inform interest payment default on debentures.

RCom settles case after paying Rs 62.4 lakh towards settlement charges: Sebi

Under the settlement, an entity is allowed to settle charges by paying a penalty without admission or denial of guilt.

10 Nov 2018 11:01 AM

RCom gets TDSAT breather on Spectrum

The Anil Ambani promoted RCom noted it had challenged the “unjustly sought security for the alleged demands”

04 Oct 2018 12:46 AM

Billionaire Anil Ambani. (Photo: File/PTI)

RCom to exit telecom fully to focus on realty: Anil Ambani

Reliance Realty will be the engine of growth for the future of this company, says Anil Ambani.

18 Sep 2018 1:59 PM

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom to repay bond Holders in cash, Bond

The Global Cloud Xchange bonds will be unsecured and carry a coupon of 0.1 per cent with maturity of four years, it added.

25 Aug 2018 1:51 AM

RCom reported a loss of 3.42 billion rupees ($34 million) for April to June on Wednesday. (Photo: PTI)

RCom reports smaller loss in first quarter

RCom has been hit by a fierce price war and is the most leveraged of all listed telecoms carriers in India.

19 Jul 2018 8:30 AM

The DoT demanded bank guarantees despite the matter being sub judice.

RCom sees bias in DoT not seeking bank guarantees from Vodafone

Telecom department has demanded payment of Rs 3,976 crore for one-time spectrum charge from Vodafone India.

13 Jul 2018 11:00 AM

RCom said its unit Reliance Infratel had reached a settlement with its minority shareholders in relation to the sale of its tower and fibre assets.

RCom plans USD 2.68 bn asset sale to Jio, Brookfield in next few weeks

RCom’s consolidated net loss widened to 198.27 billion rupees in the quarter to March.

31 May 2018 10:18 AM

NCLAT bench headed by Chairman Justice S J Mukhopadhaya suggested settlement between parties.

RCom offers Rs 500 cr to Ericsson, NCLAT for amicable settlement

The tribunal has listed for tomorrow the hearing of interim prayer of RCom to stay the NCLT order.

29 May 2018 1:39 PM

Anil Ambani-run RCom's plea is expected to be heard by the appellate tribunal in the coming week.

RCom moves NCLAT challenging order allowing plea for its insolvency

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network.

22 May 2018 2:14 PM

At NSE, shares of the company dived 20.56 per cent to Rs 9.85. (Photo: File)

RCom shares dive 20.5 per cent on NCLT move

Weakness was also seen in other group stocks, with Reliance Naval and Engineering trading lower by 6.23 per cent.

16 May 2018 1:28 PM

RCom shares closed down 8.2 per cent on Tuesday in a broader Mumbai market that ended largely unchanged.

NCLT allows Ericsson's insolvency plea against RCom

RCom plans to reduce its debt by selling assets such as airwaves, mobile masts and fibre optic investments.

16 May 2018 8:21 AM

NCLAT has passed an interim order to allow company to execute its Rs 25,000-crore asset monetisation programme.

NCLAT allows RCom to execute asset sale

RCom is now very confident of achieving overall debt reduction of approximately Rs 25,000 cr within next few weeks.

06 Apr 2018 4:07 PM

Holders of the debt-laden telecom operator’s $300 million bonds have also approved the monetization of other real-estate assets.

India's RCom gets bondholders' nod for asset sale

RCom last week had moved the SC in a desperate attempt to complete asset sale and to also avoid going to NCLT.

21 Mar 2018 2:23 PM

2 of 5

Columns

Mohan Guruswamy