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Buy Reliance Communications, says Gujral

Buy Reliance Communications, says Technical Analyst, Ashwani Gujral.

Reliance Communications says repays $500 million loan

May 11, 2013    

NEW DELHI (Reuters) - Reliance Communications Ltd (RLCM.NS), India's third-biggest mobile phone carrier by customers, said it repaid a $500 million loan on the due date on Friday.Reliance Communications, which is scheduled to release its earnings later in the day, said it had taken the loan in 2007 from a group of international banks. (Reporting by Devidutta Tripathy; Editing by Jijo Jacob)

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