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reliance communications Page-2

RCom shares continue to remain under pressure; tank nearly 26 pc

RCom has been reeling under debt of over Rs 46,000 crore.

05 Feb 2019 12:42 PM

How banks ran up USD 7 billion phone bill with RCom

Creditors demurred from taking RCom equity after its share price collapsed.

05 Feb 2019 10:31 AM

RCom tanks over 48 per cent; other group shares crash too

Company decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders.

04 Feb 2019 12:31 PM

Rcom lashes out at Ericsson for sensationalising issues

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

RCom shares plunge on report of government blocking Jio deal

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

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Ericson row: RCom says relief from TDSAT, can proceed with spectrum sale

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

RCom's leftover businesses draw interest from two buyers

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

RCom completes sale of fibre assets to Reliance Jio for Rs 3,000 crore

The nodes' sale concluded on Monday represents the initial tranche of the planned, larger deal.

27 Aug 2018 11:00 AM

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 says holders of USD 300 mn bonds to be repaid via cash, GCX bonds

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

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RCom sells Rs 2,000 crore worth assets to Reliance Jio

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

RCom reinstates bank guarantees worth Rs 774 cr with telecom department

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

Reliance Communications, Ericsson reach USD 80 million settlement

India’s bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues.

06 Aug 2018 2:14 PM

Revoking RCom's spectrum may harm debt recovery process, says SBI to DoT

SBI is inspecting the possibilities of providing bank guarantees to an extent of Rs 774 crore to RCom.

27 Jul 2018 1:34 PM

Reliance Infratel, HSBC Daisy submit settlement agreement before NCLAT

The consent term between the parties was signed on June 15, 2018, informed senior advocate Salman Khursheed.

29 Jun 2018 1:21 PM

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RCom shares in demand after NCLAT stays bankruptcy proceedings

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

RCom, Ericsson reach settlement on outstanding dues

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

RCom plea against insolvency to be heard by NCLAT on Tuesday

Ericsson had alleged that it had not been paid the dues.

28 May 2018 1:52 PM

RCom Unlikely to reach a settlement

This will enable Reliance Communications to exit the NCLT process,” said RCom.

19 May 2018 2:08 AM

RCom in talks with Ericsson to settle dues outside NCLT

Earlier this week, the NCLT in Mumbai admitted an insolvency petition filed by Swedish firm Ericsson against RCom.

18 May 2018 4:03 PM

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