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RCom chairman Anil Ambani

RCom shares in heavy demand; zoom over 16 per cent

Firm will sell telecom tower and real estate businesses to pay off Rs 27,000 cr out of Rs 45,000 cr of debt.

31 Oct 2017 1:37 PM IST

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 11:26 AM IST

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 10:53 AM IST

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 debt repayment plan: Lenders to have 51 per cent stake in company

RCom said it has made a comprehensive 'debt resolution plan to its domestic and foreign lenders'.

30 Oct 2017 8:43 PM IST

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

Reliance Communications presents new debt repayment plan

RCom, controlled by billionaire Anil Ambani, will retain debt of Rs 60 billion after the completion of the new repayment...

30 Oct 2017 7:59 PM IST

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

RCom shares continue to fall; down nearly 5 per cent

RCom has decided to adopt a 4G-focused strategy for profitable growth of its wireless business.

26 Oct 2017 12:38 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

RCom to shut down 2G mobile business by November

The company's more than 40 million customers will have to upgrade to 4G or migrate to other operators, the sources said.

26 Oct 2017 4:51 AM IST

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

RCom may shut wireless biz in 1 month due to 'creative destruction' by...

Reliance Jio has been offering voice calls practically free of cost and data packs at rock-bottom prices.

25 Oct 2017 11:58 AM IST

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 2:05 PM IST

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

RCom files application for withdrawal of tower biz demerger

The renegotiated deal will be filed afresh with the NCLT in a new demerger petition.

5 Oct 2017 9:37 AM IST

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 shares slump over 9 per cent after Aircel deal hits dead end

RCom and Aircel had signed binding agreements in September 2016 for the merger of mobile business.

3 Oct 2017 12:02 PM IST

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 10:58 AM IST