RCom has been reeling under debt of over Rs 46,000 crore.
05 Feb 2019 12:42 PM
Creditors demurred from taking RCom equity after its share price collapsed.
05 Feb 2019 10:31 AM
Company decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders.
04 Feb 2019 12:31 PM
Ericsson has moved the Supreme Court against RCom seeking Anil Ambani's arrest for his failure to clear Rs 550 crore debt.
07 Jan 2019 10:32 AM
The DoT rejected the deal to trade airwaves as it did not conform to its guidelines, the paper said.
19 Dec 2018 12:03 PM
The debt-laden firm pointed out that 38 secured lenders of the group have already approved the sale of the said spectrum.
03 Oct 2018 5:37 PM
Ambani had announced that RCom will be completely exiting the telecom business to concentrate on real estate in future.
26 Sep 2018 4:48 PM
The nodes' sale concluded on Monday represents the initial tranche of the planned, larger deal.
27 Aug 2018 11:00 AM
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
The Global Cloud Xchange bonds will be unsecured and carry a coupon of 0.1 per cent with maturity of four years.
24 Aug 2018 5:35 PM
RCom in May it expected to sell assets worth 181 billion rupees ($2.58 billion) to Reliance Jio and Canada’s Brookfield.
23 Aug 2018 11:30 AM
Reinstatement of bank guarantees will ensure that the company's licence and spectrum value of Rs 11,300 crore stands fully protected.
13 Aug 2018 2:19 PM
India’s bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues.
06 Aug 2018 2:14 PM
SBI is inspecting the possibilities of providing bank guarantees to an extent of Rs 774 crore to RCom.
27 Jul 2018 1:34 PM
The consent term between the parties was signed on June 15, 2018, informed senior advocate Salman Khursheed.
29 Jun 2018 1:21 PM
The stock jumped 19.14 per cent to Rs 20.85 on BSE. At NSE, shares of the company zoomed 20 per cent to Rs 21.
31 May 2018 1:33 PM
NCLAT has asked RCom to pay Ericsson 5.5 billion rupees by end-September as part of the settlement.
30 May 2018 5:10 PM
Ericsson had alleged that it had not been paid the dues.
28 May 2018 1:52 PM
This will enable Reliance Communications to exit the NCLT process,” said RCom.
19 May 2018 2:08 AM
Earlier this week, the NCLT in Mumbai admitted an insolvency petition filed by Swedish firm Ericsson against RCom.
18 May 2018 4:03 PM