Latest News on Rcom
Showing of 0 - 10 from 187 results
Rcom - Total results - 187
Dec 06, 2017
Reliance Communications' shares dip over 2% as Fitch withdraws company ratingsReliance Communications said it has already informed all the stakeholders that the lenders of the company have invoked strategic debt restructuring (SDR) scheme as per RBI guidelines
Dec 01, 2017
Reliance Communications claims all 31 lenders oppose China Development Bank's insolvency pleaReliance Communications is currently undergoing strategic debt restructuring, which entails bankers taking majority control of the company, and has time till December next year for sorting out the debt-related difficulties.
Nov 21, 2017
RCom shares jump over 14% on buzz that debt-ridden company selling real estate assets to Canada's BrookfieldWhen contacted RCom declined to comment on development, while email query sent to Brookfield elicited no reply
Nov 20, 2017
RCom's debt resolution: Lenders clear sale of company's Delhi, Chennai asset for Rs 801 crAs per of its asset monetisation plans, RCom has been working on finding investors or buyers for prime real estate assets in Navi Mumbai and New Delhi
Nov 13, 2017
Reliance Communications shares tank over 14% after Rs 2,709 cr net loss in Jul-Sep quarterRCom, which is on the verge of shutting its voice call service, witnessed a decline in revenue from its both India and global operations
Nov 07, 2017
Reliance Communications not to pay interest or principal to lenders in view of SDR and standstill periodThe company has also announced various asset sales and a comprehensive debt resolution plan.
Nov 06, 2017
Reliance Communications to sell its DTH subsidiary BIG TV to Veecon MediaRBTV's 1.2 million customers will continue to enjoy uninterrupted services.
Nov 04, 2017
RCom to shut down voice call service from 1 Dec; Trai asks firm to keep porting codes active till end-DecRCom, reeling under debt of around Rs 46,000 crore, decided to shut down its voice call services after it failed to close its wireless business merger deal with Aircel in the beginning of this month.
Nov 04, 2017
RCom to shut down all voice call services from 1 December, subscribers to move to other networks by year endTRAI has directed RCom to not reject any porting out request of its subscribers and asked all telecom operators to accept request of RCom subscriber.
Oct 31, 2017
RCom concludes its merger with Sistema Shyam TeleservicesUnder the terms of the agreement between RCom and Sistema, RCom will acquire the telecommunications business of SSTL including its licenses.