Wed, Apr 10, 2019
The BSE Sensex crashed 353 points after closing at 38,585 levels while the 50-stocks Nifty index dipped 87 points and closed at 11,584 levels. The index Nifty Bank lost teh psychological 30,000 levels and closed at 29,803 levels after losing 310 points in the intraday trade on Wednesday.
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The BSE Sensex lost 66 points to 38,873 while the 50-stock Nifty went down 19 points to 11,653. Nifty Bank lost 45 points but sustained above psychological 30,000 levels.
Mon, Mar 18, 2019
The two brothers had fought a bitter public battle after his father Dhirubhai died without leaving a will. They split his businesses between themselves, with Anil getting telecom and power while Mukesh retained oil and petrochemical businesses.
Mon, Jan 01, 2018
Reliance Naval rose over 24% on the BSE today and rose over 74% in the past two weeks
Fri, Dec 29, 2017
RCom shares recovered over 100% in the last one week following an assurance from Anil Ambani, the owner of the company, that it will reduce debt
Lupin, Divis Lab, Eicher Motors, Power Grid and Larsen & Toubro were the top gainers in the benchmark Nifty
Last month, China Development Bank initiated insolvency proceedings at India`s National Company Law Tribunal, adding that a large amount of principal and interest from RCom was overdue.
Thu, Dec 28, 2017
Reliance Jio Infocomm (RJIL), a subsidiary of Reliance Industries Limited, on Thursday announced signing of a definitive agreement for the acquisition of specified assets of Reliance Communications (RCOM) and its affiliates.
Wed, Dec 27, 2017
Shares of Reliance Communications today extended their previous session's rally, soaring over 25 per cent, as investor sentiment remained buoyant following a revival plan announcement.
Sun, Dec 10, 2017
Telecom operator Aircel would continue offering best value for money plans to customers and look at opportunities in the data space, particularly in Tier II and III cities of Tamil Nadu, a company official said.
Fri, Dec 01, 2017
Anil Ambani-led RCom today claimed that a majority of its lenders are opposing China Development Bank's (CDB) decision to initiate insolvency proceedings against the embattled telco that's saddled with over Rs 45,000 crore of debt that has turned dud.
Tue, Nov 28, 2017
The company said the transaction will help it to reduce the liability of unsecured creditors, benefitting all stakeholders, including lenders and shareholders of RCOM.
After RCom said it was 'surprised' by China Development Bank's move to file a petition with NCLT, shares of the company came under fire.
Tue, Nov 21, 2017
In terms of equity volume, 164.41 lakh shares of the company were traded on BSE and over 16 crore shares changed hands on NSE during the day.
Tue, Nov 07, 2017
Anil Ambani-led Reliance Communications (RCom) today said the company is not paying interest or principal amount for the time being to any lenders or its bondholders in view of the strategic debt restructuring scheme and consequent standstill period till December 2018.
Tue, Oct 31, 2017
The company, with $6.8 billion of net debt as of last March, said it will look to repay 170 billion rupees ($2.62 billion) of loans by selling assets such as mobile towers.
Debt-laden Indian telecoms company Reliance Communications Ltd has agreed a new debt repayment plan with lenders, including a pledge to raise up to 170 billion rupees ($2.6 billion) by selling assets such as mobile towers, it said on Monday.
Sat, Oct 28, 2017
A print ad by Bharti Airtel has said it welcomes all Reliance Communication customers after speculation that the company will be closing down its business.
Mon, Oct 02, 2017
The Board of Directors of Reliance Communication has expanded its board by inducting senior executives.
Sun, Oct 01, 2017
The company said that it already has the unique advantage of capital light access to Reliance Jio’s nationwide 4G mobile network through spectrum sharing and ICR Agreements.
Tue, Aug 29, 2017
Reliance Communication is back with another data pack. We give you the details.
Mon, Aug 14, 2017
RCom launches a new plan for Independence Day. We tell you all about it.
Sat, Aug 12, 2017
Telecom company Reliance Communications on Saturday posted a consolidated loss of Rs 1,210 crore in the three-month period ended June 30, 2017.
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