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Reliance Communications Ltd news

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RCOM 22.90 -0.50 (-2.14%)
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Reliance Communications wins reprieve to freeze loan obligations
Reliance Communications, the Indian telecoms group controlled by business magnate Anil Ambani, has struck a deal with bankers to freeze its loan obligations after struggling to meet repayments.
Is Reliance Communications' downgrade worrying Franklin investors?  Economic Times
RCom to complete deals by Sept to raise cash: Anil Ambani  Times of India
NCLT to decide on RCom-Aircel merger on August 14
... for a sale of RCom's stake in its tower unit to Canada's Brookfield. Together, the deals could reduce the telecom firm's debt of nearly Rs 45,000 crore by as much as 60 per cent.
NCLT admits Reliance Communications's petition for Aircel merger
Mumbai: The National Company Law Tribunal (NCLT) on Monday admitted Reliance Communications Ltd (RCom)'s petition for merging its wireless division with telecom firm Aircel Ltd.
NCLT approves Reliance Communications-Aircel merger, Brookfield deal  Economic Times
Reliance Communications shares up 15%, as NCLT admits petition for Aircel merger  Financial Express
Reliance Communications hit by sell-off on loan payment fears
Reliance Communications, the Indian mobile phone operator controlled by billionaire Anil Ambani, is facing mounting pressure over its debt obligations after revealing its first-ever annual loss in the country's fiercely competitive telecoms market.
Anil Ambani's Reliance Communications Hit By Debt, Competition  NDTV
Reliance Communications presents debt-cut plan to lenders
MUMBAI: Reliance Communications (Rcom) has presented a long-term debt reduction plan to lenders, which includes sale of real estate, under-sea cable assets and its DTH business, people familiar with the matter said to stagger down debt to reduce 60 per ...
Will Reliance Communications' Debt Rejig Work?  BloombergQuint
Reliance Communications jumps on promising debt reduction plan  Zee Business
Reliance Communications drops 7% after credit rating downgrade
Shares in Reliance Communications are down again in the wake of the telco's credit rating being downgraded. On Tuesday, Moody's Investors Services cut RCom's corporate rating to Caa1, indicating high credit risk.
Over 10 banks red flag Anil Ambani's Reliance Communications over missed ...  Economic Times
Reliance Communications shares fall 9% intraday on slew of downgrades  Livemint
TDSAT ruling may ease Reliance Communications merger with SSTL
... Ralph Marshall did not to appear before a trial court to answer criminal charges filed against them. Maxis owns 74% of Aircel's equity.
Reliance Communications posts third consecutive quarterly loss at Rs1,221 crore
Reliance Communications's continued losses are, in part, a result of competition from free voice and cut-price data plans offered by Reliance Jio Infocomm, the telecom start-up backed by Anil Ambani's elder brother Mukesh.
Reliance Jio starts turning off free services, urges users to recharge  Ultra News
Best 4G unlimited data tariff plans you can buy in August 2017 - Reliance ...  International Business Times, India Edition
RCom shares surge on extension to service debt
Shares of Reliance Communications advanced on Monday after Anil Ambani on Friday sought to reassure investors that the debt- laden telecom firm has been given a reprieve of seven months to service its debt.
Reliance Communications shares rise as much as 5% after debt deal with lenders  Livemint
Reliance Communications' Shares Rise After Debt Deal With Lenders  The Wire
Reliance Communications Said to Approach Citic on GCX Sale
Billionaire Anil Ambani's Reliance Communications Ltd. has approached Citic Telecom International Holdings Ltd. as it makes a fresh attempt to attract a buyer for its undersea cable unit, people with knowledge of the matter said.