Reliance Communications RCom

Reliance Jio and UV Asset Reconstruction Company Limited were the highest bidders for RCOM assets at the CoC meeting held on January 13, 2019

RCom's secured debt is estimated to be around Rs 33,000 crore

It also widened its consolidated loss to Rs 10,598 crore for the third quarter, against a loss of Rs 238 crore in the same period a year ago

RCom, Reliance Naval, Reliance Infrastructure, Reliance Power, Reliance Capital, Reliance Home Finance and Reliance Nippon were up in the range of 3 to 10 per cent on the BSE in intra-day trade.

The stock hit a new low of Rs 4.82, dipped 27% in past six trading days, as compared to 4% rise in the benchmark index S&P BSE Sensex.

Court tells RCom chairman to clear Ericsson dues within four weeks or face jail

At 11:58 am, Reliance Communications, once a flagship company of the group, was trading near its face value of Rs 5 on the National Stock Exchange (NSE) at Rs 5.60 apiece, down 6.67 per cent

Reliance Naval, Reliance Power, Reliance Capital and Reliance Infra were others Anil Ambani Group stocks up in the range of 2% to 12% on the BSE.

At 1:30 pm; RCom was trading 4% lower at Rs 15.85. It hit a high and low of Rs 20.65 and Rs 14.10 during the day

Proceeds of the sale will be deposited with state-run State Bank of India in an escrow account, said RCom

RCom also got approval for the partial release of noteholder collateral to help the sale get underway

RCom, Reliance Infra, Reliance Power, Reliance Capital, Reliance Home Finance, Reliance Nippon Life Asset Management and Reliance Naval and Engineering were up 1% to 19% on the BSE in intra-day trade.

The National Company Law Tribunal will hear the two cases next on Dec. 19, Mehta said

Telco defaulted on $1.78-billion loan it took from China Development Bank

A company official said 60 per cent of its customers, who are using 2G-based technology, will be asked to either migrate to better technology or port out to some other operator

RCom, Reliance Home Finance and Reliance Nippon Life Asset Management hit their respective new lows, while Reliance Naval hit 52-week low on the BSE in intra-day trade

RCom said it is renegotiating the tower business deal with all interested parties, including Brookfield Infrastructure Group

The stock hit a new low of Rs 15.50, down 8% on the BSE in intra-day trade.

Conversion price of debt into equity may change, say lenders

RCom has also talked about monetising its real estate