Page 9 - Reliance Communications

Reliance Communications seeks shareholders' nod ahead of asset monetisation

The total outstanding loans of RCom Group, as on September 30, 2017 were about Rs 400 52 billion

Trai directs Reliance Communications to refund unspent money of customers

The loss-making and debt-ridden RCom closed mobile calling service on its network from December 1 in about half of the country and rest from December 29

RCom lenders' meet today, stock up 32%

Reliance Jio has been one of the key bidders and has shown interest in both fibre (they are one of the main bulk users) as well as spectrum

RCom surges 45% after NCLT adjourns hearing of insolvency petition

Other ADAG stocks including Reliance Capital (up 6%), Reliance Power (up 6%) and Reliance Infrastructure (up 5%) also gained on the news

Lenders get bids for Reliance Communications assets

Reliance Communications's assets put on the block are in telecom and real estate

RCom lenders to oppose China Development Bank's insolvency petition

CDB had earlier filed a petition opposing RCom-Aircel merger in May this year. The Chinese lender withdrew its petition later

RCom lenders will oppose CDB's insolvency action before NCLT

The lenders have named Indian law firm J. Sagar Associates as their legal counsel to oppose the CDB petition

Bondholders on par with lenders: RCom

RCom got to this point after years of ballooning borrowing and over-spending finally caught up with it

Banks call lenders' meet over RCom insolvency case buzz

China Development Bank has moved the National Corporate Law Tribunal against the telco after it defaulted on $1.78-billion loan

RCom clarifies on reports of China bank filing insolvency case; stock tanks

RCom said that the company has not been served any notice of the application filed by China Development Bank with NCLT, as reported in the media.

RCom shares jump over 14% amid reports of real estate assets sale

The stock surged 14.10 per cent to Rs 13.75 on BSE

RCom's 2G exit is a step in right direction but uncertainty lingers

While RCom has done the right thing by closing down its loss-making 2G business, investors should cut their losses in the stock as the outlook remains clouded

Reliance Communications says not making any payment to lenders now

Reliance Communications has said it plans to implement its debt resolution proposal within the standstill period

NCLAT issues notice to Reliance Communications over Manipal Tech 'dues'

The appellate tribunal has agreed to hear the matter on December 4

RCom post 4th straight quarterly loss; shares plunge 13.5%

The company's market valuation also fell by Rs 860.89 crore to Rs 3,024.11 crore

Reliance Communications records Q2 loss at Rs 2,709 cr, income falls 48%

This is the fourth straight quarter of loss for the company

RCom revamp plan recap: Airtel, Jio eye assets; tower deal to be reworked

Anil Ambani-led company is selling off businesses to pay off Rs 27,000 crore out of Rs 45,000 crore debt on its books

Telcos, PE firms show interest in RCom assets

RCom has suggested its consortium of banks convert part of their loans into a 51 per cent majority equity in the truncated company

Veecon Media & Television: Newborn biz

The firm entered the media business in May after alterations in the objectives of its erstwhile avatar

RCom to shut voice calls from Dec 1, users can port to others till Dec 31

RCom, 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