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RJio to take over mobile business assets of troubled RCom

Deal will bring an immediate relief to Reliance Communications which is reeling under Rs 45,000 crore debt.

29 Dec 2017 10:23 AM IST

RCom chairman Anil Ambani

RCom shares extend rally; zoom over 25 per cent

The stock after a positive opening, further jumped 25.41 per cent to Rs 26.75 on BSE.

27 Dec 2017 1:07 PM IST

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

RCom shares zoom nearly 32 per cent on debt revival plan

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 IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom announces debt revival plan, ropes in new investor

RCom stock rallied 35 per cent on the BSE to Rs 22.01 per cent after the announcement.

26 Dec 2017 4:12 PM IST

Representational Image

RCom disagrees with Moody's and Fitch ratings

RCom said the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.

7 Jun 2017 6:19 PM IST

Reliance communications Chairman Anil Ambani

RCom shares slide post Moody's and Fitch ratings

Shares of Reliance Communications fell further in pre-open trade post credit rating agencies Moody's and Fitch...

7 Jun 2017 11:41 AM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

Anil Ambani will not take any salary from RCom this year

Amabni's decision comes in backdrop of Reliance Communications recording worst quarterly profit.

14 Jun 2017 3:29 PM IST

Share prices of Bharti Airtel zoomed 11 per cent to Rs 400.65 in the intra-day trade from its previous sessions close of Rs 361.15. (Representational image)

Fitch retains negative outlook for telecom biz

The stock finally ended the day at Rs 366.05, gaining 4.90 per cent.

24 Feb 2017 6:20 AM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Telecom industry to meet Jaitley, Sinha on June 22

As per industry estimates, total debt for the sector is at around Rs 4.5 lakh crore

9 Jun 2017 8:08 PM IST

Reliance Group Chairman Anil Ambani

RCom starts process to monetise real estate assets

RCom will receive Rs 11,000 crore from sale of its tower business to Canadian firm Brookfield Infrastructure.

22 Jun 2017 9:54 AM IST

Jio attracted over 72 million subscribers in just four months of its launch.

RJio seeks CCI nod for spectrum sharing with RCom

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 IST