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Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

RCom says it has agreed to debt repayment plan

The announcement comes after the unravelling of its previous debt repayment plan, which had hinged on merging with rival...

31 Oct 2017 5:56 AM GMT

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

RCom shares jump 10 per cent on debt repayment plan

Under a central bank debt restructuring plan, RCom's lenders will also swap Rs 70 billion of the loans to take a 51 per...

31 Oct 2017 5:23 AM GMT

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom aborting merger with Aircel is credit negative for Anil Ambani's...

RCom and Aircel had in September, 2016 signed a binding agreement to merge their mobile businesses.

5 Oct 2017 8:35 AM GMT

RCom chairman Anil Ambani

RCom applies to withdraw towers spin-off plan

This comes after RCom said it and Aircel mutually agreed to scrap merger talks.

4 Oct 2017 3:30 PM GMT

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

No impact of Aircel merger cancellation on RCom's rating: Moody's

Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.

4 Oct 2017 3:44 AM GMT

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Debt-reeling RCom to get lower value in Brooklyn deal post collapse of...

Reliance Communications Limited is currently saddled with a debt of USD 6.8 billion.

3 Oct 2017 5:28 AM GMT

RCom chairman Anil Ambani

Debt-saddled RCom's repayment plan hits snag as Aircel deal collapses

RCom has earned a temporary reprieve from its banks, who have agreed to a standstill on its debt obligations.

2 Oct 2017 3:02 PM GMT

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

RCom calls off merger with Aircel due to 'regulatory' hurdles

RCom also blamed high level of competition as one of the reasons for termination of the merger talks.

2 Oct 2017 4:25 AM GMT

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

RCom shares dive over 9 per cent on insolvency case buzz

Company has not been served any notice of the application filed by China Development Bank with NCLT.

28 Nov 2017 7:22 AM GMT

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

RCom shares jump over 14 per cent on real estate assets sale buzz

Lenders have approved sale of real estate assets RCom holds in Delhi and Chennai for Rs 801 crore to Brookfield.

21 Nov 2017 7:49 AM GMT

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom says not making any payment to lenders for time being

On October 30, RCom said that it plans to pay debt of 27,000 crore through asset monetisation.

16 Nov 2017 3:52 AM GMT

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

RCom allots 10 pc shares to Sistema Shyam Teleservices

Value of shares allocated to Russian conglomerate Sistema owned SSTL is estimated to be around Rs 415 crore.

11 Nov 2017 5:50 AM GMT