Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.
04 Oct 2017 9:14 AM
Reliance Communications Limited is currently saddled with a debt of USD 6.8 billion.
03 Oct 2017 10:58 AM
RCom has earned a temporary reprieve from its banks, who have agreed to a standstill on its debt obligations.
02 Oct 2017 8:32 PM
RCom also blamed high level of competition as one of the reasons for termination of the merger talks.
02 Oct 2017 9:55 AM
Rcom has a debt of Rs 45,000 crore and has been given a moratorium till this December.
26 Sep 2017 8:05 PM
AUSPI officials could not be reached for comment, while RCom declined to speak on this.
04 Aug 2017 12:35 PM
However, Bharti Aritel says it has defended well its title of number one telecom operator in India.
03 Jul 2017 1:34 PM
RCom will receive Rs 11,000 crore from sale of its tower business to Canadian firm Brookfield Infrastructure.
22 Jun 2017 9:54 AM
Company had entered into a pact with RCom for acquisition of right to use certain spectrum in the 800 MHz band.
20 Jun 2017 7:51 PM
Amabni's decision comes in backdrop of Reliance Communications recording worst quarterly profit.
14 Jun 2017 3:29 PM
As per industry estimates, total debt for the sector is at around Rs 4.5 lakh crore
09 Jun 2017 8:08 PM
RCom said the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.
07 Jun 2017 6:19 PM
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
Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.
03 Jun 2017 10:12 AM
Reliance Group founder’s wealth has swelled by about $82 million to $2,700 crore, says report.
02 Jun 2017 12:49 PM
RCom said it was in talks with banks to defer loan repayments due over next four months.
31 May 2017 10:39 AM
Reliance Group company today said that it has told lenders that it would repay Rs 25,000 cr before Sept 30.
31 May 2017 10:18 AM
Company had registered net profit of Rs 79 crore in corresponding period of previous year.
29 May 2017 9:59 AM
RCom had reported its first ever consolidated net loss of Rs 531 crore in the December quarter.
07 Apr 2017 8:20 PM
Company has also filed application with National Company Law Tribunal for approval of scheme.
15 Mar 2017 12:54 PM