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Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTIBusiness
RCom shares continue to remain under pressure; tank nearly 26 pc

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

5 Feb 2019 12:42 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.Business
How banks ran up USD 7 billion phone bill with RCom

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

5 Feb 2019 10:31 AM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.Business
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.

4 Feb 2019 12:31 PM IST

RCom chairman Anil AmbaniBusiness
NCLAT stays DoT's show cause notices to RCom for cancellation of...

A two-member bench also stayed the DoT's letter dated March 20, 2019 to Axis Bank to encash the bank guarantee of Rs...

26 March 2019 3:59 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTIBusiness
RCE pledges 12.50 cr shares of RCom with IndusInd Bank

RCE held 49.06 crore shares in RCom amounting to 17.74 pc stake, of which it had previously pledged 4.85 pc.

24 March 2019 4:40 PM IST

Reliance Group Chairman Anil AmbaniBusiness
RCom shares jump after Mukesh Ambani bails out brother Anil on...

Telecom equipment maker Ericsson received 4.62 billion rupees ($67.42 million) from RCom as unpaid dues.

19 March 2019 10:44 AM IST

Reliance Group Chairman, Anil Ambani (Photo: File)Business
Brother Mukesh steps in to spare Anil jail stay

The Supreme Court had last month held Ambani in contempt for not paying Ericsson's dues despite promising to do so.

19 March 2019 2:11 AM IST

Anil Ambani-led Reliance Group on Wednesday said it has sent a Rs 1,000 crore defamation notice to Mumbai Congress president Sanjay Nirupam for making \false and baseless\ allegations against the company.Business
Reliance Communications pays Rs 458.77 crore to Ericsson: sources

Failure to cough up the dues would have meant that RCom Chairman Anil Ambani would have faced a 3-month jail term.

18 March 2019 6:05 PM IST

RCom chairman Anil AmbaniBusiness
NCLAT reserves order on RCom plea to release funds

RCom has been asked by both the Supreme Court and the NCLAT to pay Rs 550 crore to Ericsson.

14 March 2019 8:48 AM IST

All mobile companies have put up their interconnection towers on private properties for which they pay monthly rentals.Business
Voda Idea, Airtel, Jio pay spectrum dues of over Rs 6,000-cr in March

The embattled Reliance Communications has not yet made payment of Rs 21.5 crore as on the due date.

6 March 2019 11:35 AM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.Business
RCom withdraws plea against NCLT order allowing bankruptcy proceedings

An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.

30 April 2019 5:49 PM IST

Reliance communications Chairman Anil AmbaniBusiness
Anil Ambani firm got 143.7 mn euro tax waiver after Rafale deal: Le...

Reliance Communications rejected any wrongdoing and said the tax dispute was settled under a legal framework.

13 April 2019 4:04 PM IST

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