Reliance Communication

All assets and liabilities only in India, nothing overseas, fully disclosed

All assets and liabilities only in India, nothing overseas, fully disclosed

The matter pertains to an alleged personal guarantee for a corporate loan availed by Reliance Communications Limited in 2012, 8 years ago...Read More

HC stays insolvency resolution proceedings against Anil Ambani

HC stays insolvency resolution proceedings against Anil Ambani

Ambani had given personal guarantees for the Rs 565 crore and Rs 635 crore SBI loans to RCom and Reliance Infratel Ltd (RITL), respective...Read More

DoT files affidavit in NCLT to exclude RCom, RTL spectrum from resolution plan

DoT files affidavit in NCLT to exclude RCom, RTL spectrum from resolution plan

The Department of Telecommunications (DoT) filed an affidavit detailing its objections, which said that spectrum cannot be sold under the...Read More

SC rejects govt plea to block Rs 1.04 bn refund to RComm

SC rejects govt plea to block Rs 1.04 bn refund to RComm

Mumbai: The Supreme Court rejected the Department of Telecom's objection to refund 1.04 bln rupees to Reliance Communication.This amount...Read More

Bharti Airtel, 2 others submit resolution plans for Reliance Communication

Bharti Airtel, 2 others submit resolution plans for Reliance Communication

Reliance Jio Infocomm Ltd and Varde Partners, too, have submitted their bids for the bankrupt company

Why is RJio eyeing Anil Ambani's Reliance Communication assets

Why is RJio eyeing Anil Ambani's Reliance Communication assets

Reliance Jio Infocomm (RJio), a company controlled by Asia's richest man Mukesh Ambani,, along with Bharti Airtel and three others may bi...Read More

One of the unit of Anil Ambani's Reliance Communications files for bankruptcy: Report

One of the unit of Anil Ambani's Reliance Communications files for bankruptcy: Report

The former billionaire's Reliance Communications itself fell back into bankruptcy earlier this year. This Move came after they missed A p...Read More

NCLAT declines Reliance Communication’s plea for tax refunds to Ericsson

NCLAT declines Reliance Communication’s plea for tax refunds to Ericsson

New Delhi: Problems for the Anil Ambani’s debt-hit Reliance Communication (RComm) do not seem ending with the National Company Law Appell...Read More

Supreme Court orders status quo in Reliance Communication’s asset sale to R-Jio

Supreme Court orders status quo in Reliance Communication’s asset sale to R-Jio

New Delhi: The Supreme Court today ordered that status quo be maintained on Reliance Communication’s sale of assets to R-Jio on pleas by ...Read More

RCom shareholders approve asset monetisation plan

RCom shareholders approve asset monetisation plan

New Delhi: Debt-ridden telecom operator RCom today said its shareholders have approved an asset monetisation plan which will be used to r...Read More

Bank to discuss debt restructuring proposals for Anil Ambani’s Reliance communication’s today

Bank to discuss debt restructuring proposals for Anil Ambani’s Reliance communication’s today

Anil Ambani’s Reliance communication Ltd (RCom) has a debt of Rs 47,332 crore, and, its lenders have called for a meeting today to discus...Read More

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Aircel deal ‘very shortly’: Reliance Communications

Mumbai: Reliance Communications on Thursday said its proposed deal for the merger with another telecom operator Aircel will be announced ...Read More

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CCI approves Reliance Communications-Sistema Shyam merger

New Delhi: The proposed merger of Sistema Shyam Ltd’s operations into Reliance Communications has been approved by the Competition Commis...Read More

Reliance Communications net up 9.6 percent

Reliance Communications net up 9.6 percent

Mumbai: Anil Ambani-led Reliance Communications on Friday reported a 9.6 percent jump in its net profits for the third quarter ended Dece...Read More

Pay Rs 5,600 cr for spectrum liberalisation

Pay Rs 5,600 cr for spectrum liberalisation

New Delhi: Department of Telecom (DoT) has sought about Rs 5,600 crore from Reliance Communications (RCom) for liberalising 800 Mhz spect...Read More

Leading telcos against auction of 700 Mhz band for now

Leading telcos against auction of 700 Mhz band for now

New Delhi: Leading telecom operators like Airtel and Idea have asked regulator Trai not to auction the premium 700 Mhz band until enough ...Read More

Vodafone, RCom may seal 2G roaming agreements

Vodafone, RCom may seal 2G roaming agreements

New Delhi: Telecom operators Vodafone and Reliance Communications are likely to sign 2G intra-circle roaming (ICR) agreements across five...Read More

RCom to sell mobile towers to Tillman, TPG to cut debt

RCom to sell mobile towers to Tillman, TPG to cut debt

New Delhi: Anil Ambani-led Reliance Communications Ltd has signed a non-binding pact to sell its cellular towers to private equity firm T...Read More

R-Comm deal with Sistema can trigger similar consolidations: Analysts

R-Comm deal with Sistema can trigger similar consolidations: Analysts

New Delhi: The merger of the Indian telecom arm of Russia’s Sistemam that operates under the MTS brand into Reliance Communications will ...Read More

Short coverings dent markets, Sensex closes 392 points down

Short coverings dent markets, Sensex closes 392 points down

Mumbai: Short coverings on the back of negative cues subdued investor sentiment and led a barometer index of the Indian equity markets to...Read More

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