Page 2 - Reliance Communication

SC holds Anil Ambani guilty of contempt; orders RCom to pay Ericsson

If RCom fails to pay Rs 453 cr to Ericsson within four weeks, then Anil Ambani and two directors will face jail term of three months

RCom arm Reliance Realty gets nod to develop DAKC into Fintech Centre

The company will develop 132 acres of land in DAKC with a total saleable area of 30 million square feet

Indian banks dallying on RCom's $7 bn debt may spell trouble for Modi govt

Failing to take the initiative before the inevitable bankruptcy of Reliance Communications has cost the state lenders money

RCom says NCLT debt resolution proposal to be similar to earlier plans

RCom has debt of around Rs 47,000 crore and has invoked debt restructuring in June 2017

DoT to challenge TDSAT order letting RCom spectrum sale sans bank guarantee

RCom in August completed the sale of its fibre assets and related infrastructure assets, worth Rs 30 billion, to Reliance Jio

Clear dues of Rs 5.5 bn to Ericsson by Dec 15 or face penalty: SC to RCom

A bench headed by Justice R F Nariman said that it was the last opportunity given to RCom for clearing the settlement amount

RCom bond test tomorrow: Will bondholders take a haircut or move NCLT?

RCom bonds are already trading at a 60% discount, at 40.1 cents to a dollar in foreign markets

SC approves settlement between RCom and Ericsson India over payment dispute

The Anil Ambani-led firm to pay Rs 5.5 billion to the company by September 30

Supreme Court lifts stay on Reliance Communications asset sale

The Supreme Court has now allowed the sale of telecom towers in accordance with law

SC vacates HC stay, RCom's secured lenders can go ahead with asset sale

The National Company Law Tribunal had halted RCom from selling any asset without its permission

RCom, China Development Bank move to 'settle' insolvency petition

RCom had earlier taken shareholder approval for conversion of its debt into shares at the rate of Rs 24.70 a share

RCom's missed opportunities

RCom has repeatedly in the past failed to monetise its capabilities in the optic fibre network fully

RCom promoter pledges shares worth Rs 300 crore

As per closing price of RCom stock on September 28, the value of pledged shares is around Rs 334 crore.

Madras High Court directs DoT to give a hearing to RCom

The Madras High Court has directed the department of telecommunications (DoT) to afford an opportunity of hearing to Reliance Communications before taking any decision related to a dispute pertaining to a demand of Rs 219 crore along with the penalty and interest it collected from the company towards the Spectrum Usage Charges (SUC).

RCom shares rise 4% after co says Aircel merger 'very shortly'

Ratings agency Icra has upgraded its outlook to 'stable' from negative on its long term rating 'BBB+'

RCom gets CCI go-ahead to acquire Sistema's MTS

In November, India's leading telecom operator RCom announced acquisition of Sistema's Indian telecom unit in an all-stock deal