Page 8 - Reliance Communications

SC asks RCom, RJio to resolve issue over settlement of past dues by Jan 11

SC asked asked RJio to furnish an undertaking to abide by the spectrum trade guidelines, to which the company said that it cannot take this risk knowing the problems faced with regard to the past dues

SC allows RCom to deposit Rs 118 crore against Ericsson dues for now

SC, hearing a contempt petition by Ericsson against RCom's Anil Ambani, asks latter to deposit amount in the court's registry; also issue a notice to Ambani, asks RCom to respond in 4 weeks

Awaiting clearance, RCom, Jio extend asset sale pact's validity to June 28

Reliance Communications has been urging the telecom department to grant it the 'long-awaited no-objection certificate' to comply with a Supreme Court order in 'letter and spirit'

Committed to paying any outstanding or disputed amount, RCom tells DoT

Reliance Communications is yet to pay Ericsson

RCom falls 12% on reports DoT has rejected its spectrum deal with Jio

Shares of RCom fell as much as 12 per cent to Rs 13.77 apiece on BSE after a news report suggested that the DoT has told RCom and Reliance Jio Infocomm that it can't approve their spectrum deal

Favourable ruling boosts Anil Ambani firms' stocks, RCom shares climb 7.1%

The two developments boosted the market capitalisation of five large listed Ambani firms by $68 million

RCom stares at insolvency as SC rejects plea for more time on Ericsson dues

Apex court had asked RCom to clear Ericsson dues by Dec 15, while RCom sought two more weeks

RCom furnishes Rs 14 bn corporate bond, paves way for spectrum sale to Jio

Supreme Court had on Friday asked the government to issue RCom a NoC for spectrum sale to Reliance Jio Infocomm by December 9 if it furnishes a corporate guarantee of Rs 14 billion within two days

SC asks RCom for Rs 14-bn guarantee, clears path for spectrum sale to Jio

The corporate guarantee will be issued by Reliance Realty Ltd, a wholly-owned subsidiary of RCom; after this, govt will issue NOC within a week

Centre tells SC it wants bank guarantee for Reliance Comm spectrum sale

Reliance Communications says it cannot give a bank guarantee of Rs 14 billion and that it had instead given land worth nearly Rs 14 billion as security.

RCom settles case with Sebi by paying Rs 6.24 million as penalty

RCom settles case with Sebi by paying Rs 6.24 million as penalty

RCom gets TDSAT relief, can go ahead with spectrum deal sans bank guarantee

The guarantee had been demanded by DoT

Ericsson settlement deal row: RCom seeks 60 days more for payment

A number of hearings have taken place in the matter since August 28, 2018, and the telecom tribunal announced interim relief on October 1

RCom to exit telecom fully, focus on realty, resolving debt: Anil Ambani

Anil Ambani also thanked his elder brother Mukesh Ambani, who is credited with conceptualising the undivided group's telecom foray

RCom completes sale of fibre assets to Reliance Jio for Rs 30 billion

Last year, Anil Ambani-owned Reliance Communications signed a pact with Reliance Jio for sale of wireless spectrum, tower, fibre and MCN assets

Reliance Communications gets relief from bondholders as deadline looms

RCom is also in the midst of completing its sale of airwaves, towers and fiber to a rival controlled by Ambani's older brother

RCom reinstates Rs 7.74-bn bank guarantees with DoT; asset sale on track

RCom is currently under the debt resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC)

RCom bonds drop to 7-month low after offer to repay holders at a discount

RCom bonds due 2020 decline to lowest since December

RCom gets SC nod to sell assets to Jio, agrees to pay Rs 5.5 bn to Ericsson

Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its wireless assets to Reliance Jio

SC allows RCom to sell telecom assets worth Rs 181 billion to Reliance Jio

Firm to use the proceeds of sale to repay loans