Jio nor RCom had divulged the size of the deal, sources have pegged the transaction value at Rs 18,000 crore.
09 Mar 2018 5:14 PM
Lenders of RCom have invoked ‘strategic debt restructuring’ programme to recover dues from the company.
07 Mar 2018 12:51 PM
The debt-ridden company reported shrinking of consolidated loss to Rs 130 crore for December quarter.
30 Jan 2018 1:33 PM
Move comes close on the heels of a mega deal announcement late last month that Reliance Jio.
06 Jan 2018 10:27 AM
Deal will bring an immediate relief to RCom, which is reeling under Rs 45,000 crore debt.
29 Dec 2017 11:15 AM
Deal will bring an immediate relief to Reliance Communications which is reeling under Rs 45,000 crore debt.
29 Dec 2017 10:23 AM
The stock after a positive opening, further jumped 25.41 per cent to Rs 26.75 on BSE.
27 Dec 2017 1:07 PM
The company's market valuation went up by Rs 1,388.88 crore to Rs 5,898.88 crore.
26 Dec 2017 5:42 PM
RCom stock rallied 35 per cent on the BSE to Rs 22.01 per cent after the announcement.
26 Dec 2017 4:12 PM
Company has not been served any notice of the application filed by China Development Bank with NCLT.
28 Nov 2017 12:52 PM
Lenders have approved sale of real estate assets RCom holds in Delhi and Chennai for Rs 801 crore to Brookfield.
21 Nov 2017 1:19 PM
On October 30, RCom said that it plans to pay debt of 27,000 crore through asset monetisation.
16 Nov 2017 9:22 AM
Value of shares allocated to Russian conglomerate Sistema owned SSTL is estimated to be around Rs 415 crore.
11 Nov 2017 11:20 AM
Reliance Communications said it would shut down voice call service from December 1.
10 Nov 2017 2:44 PM
Shares of Reliance Communications were trading 0.95 per cent higher at Rs 16 on BSE.
07 Nov 2017 12:24 PM
RCom, in its debt restructuring plan said lenders could turn part of debt into equity by taking up 51 per cent stake in company.
07 Nov 2017 8:59 AM
The announcement comes after the unravelling of its previous debt repayment plan, which had hinged on merging with rival Aircel.
31 Oct 2017 11:26 AM
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.
31 Oct 2017 10:53 AM
RCom and Aircel had in September, 2016 signed a binding agreement to merge their mobile businesses.
05 Oct 2017 2:05 PM
This comes after RCom said it and Aircel mutually agreed to scrap merger talks.
04 Oct 2017 9:00 PM