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RCom

Closing Bell: Sensex, Nifty tank on neutral FII; RCom, Bharti Airtel, HDFC Bank, RIL stocks bleed

Closing Bell: Sensex, Nifty tank on neutral FII; RCom, Bharti Airtel, HDFC Bank, RIL stocks bleed

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.

Opening Bell: Sensex, Nifty trade cautious on weak global cues; RCom, Lakshmi Vilas, Dilip Buildcon stocks bleed

Opening Bell: Sensex, Nifty trade cautious on weak global cues; RCom, Lakshmi Vilas, Dilip Buildcon stocks bleed

Wed, Apr 10, 2019

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.

Mukesh Ambani saves day for Anil as Reliance Communications makes Rs 550 cr payment to Ericsson

Mukesh Ambani saves day for Anil as Reliance Communications makes Rs 550 cr payment to Ericsson

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.

TRENDING NOW

Unlimited texts, calls, data with Reliance Communications new offer at Rs 299

Unlimited texts, calls, data with Reliance Communications new offer at Rs 299

Thu, Aug 10, 2017

Telecom operator – Reliance Communications has announced a new plan. We tell you all about it.

RCom launches combo offer on Wi-Pod, bundled data for Rs 500 a month; here’s what it is

RCom launches combo offer on Wi-Pod, bundled data for Rs 500 a month; here’s what it is

Mon, Jul 31, 2017

Reliance Communications has announced a combo offer on its 4G Hotspot and bundled data. We tell you all about it.

Anil Ambani announces to take no salary or commission from RCom in FY18

Anil Ambani announces to take no salary or commission from RCom in FY18

Wed, Jun 14, 2017

Reliance Communications' (RCom) owner Anil Ambani announced on Wednesday that he has voluntarily decided to draw no salary or commission from the telecom company in the current financial year.

Delay in plans to offset debt led telecom industry to crisis

Delay in plans to offset debt led telecom industry to crisis

Mon, Jun 12, 2017

The telecom sector is currently Rs 3.60 lakh crore in debt is facing a lot of turmoil including degrading of companies by ratings agencies. Analysts speak about the causes and how Reliance Jio added to their problems.

Thinking about bottom fishing in RCom? Here's an advice for you

Thinking about bottom fishing in RCom? Here's an advice for you

Wed, Jun 07, 2017

Power Breakfast : This segment of Zee Business brings to major news updates of economy and business of the morning. Today's segment of Power Breakfast will update you about the different markets of the world.

Despite getting debt payment relief, Moody's keep "negative" outlook for RCom

Despite getting debt payment relief, Moody's keep "negative" outlook for RCom

Tue, Jun 06, 2017

On June 2, Anil Ambani led RCom, addressing a press conference, said that the company presented its debt payment plan to its lenders who approved it given the company time till December 2017 to pay the loans due.

Telecom industry's cash deficit at Rs 1.2 lakh crore, says Reliance Communication

Telecom industry's cash deficit at Rs 1.2 lakh crore, says Reliance Communication

Sun, Jun 04, 2017

Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000 crore deficit between the industry's earnings and its debt/payment commitments this year, says debt-laden Reliance Communications.

Lenders have given us time till December, says RCom’s Anil Ambani

Lenders have given us time till December, says RCom’s Anil Ambani

Fri, Jun 02, 2017

KEY HIGHLIGHTS:

Anil Ambani to address media today on rising RCom's debt; shares in red

Anil Ambani to address media today on rising RCom's debt; shares in red

Fri, Jun 02, 2017

Reliance Communication reported a loss of Rs 948 crore in Q4FY17, hit by intense price war among telecom operators after Jio's entry.

Fitch downgrades Reliance Communications

Fitch downgrades Reliance Communications

Thu, Jun 01, 2017

Antim Bazi : This segment of Zee Business brings to you discussion over the current situation of the market. Experts here also analysis the figures of different stocks. About Zee Business --------------------------

Now Fitch downgrades Reliance Communications, says default a 'real possibility'

Now Fitch downgrades Reliance Communications, says default a 'real possibility'

Thu, Jun 01, 2017

After ICRA and Moody's, now Fitch Ratings downgraded Reliance Communications to CCC.

No fresh trade in R COM today

No fresh trade in R COM today

Wed, May 31, 2017

An F&O curve has come in the shares of R COM so traders are advised not to do any fresh trade in this. The traders can focus on Monsoon, Auto and Pharma stocks. New shares will be added in MSCI from tomorrow.

Moody's, ICRA downgrade RCom over debt concerns

Moody's, ICRA downgrade RCom over debt concerns

Wed, May 31, 2017

RCom, controlled by billionaire Anil Ambani, has traditionally relied on short-term debt and covenant waivers from its banking relationships, but if these waivers are not received it could impact RCom`s $300 million bondholders "significantly", Moody`s said.

Sensex, Nifty end in red; R-Com shares slump again

Sensex, Nifty end in red; R-Com shares slump again

Wed, May 24, 2017

Business Top 10 : This segment of Zee Business brings to you top ten business and economy news of the day. Updates regarding sensex, nifty, Lupin earnings, R-Com Shares, power sector are provided in this bulletin.

Reliance Communications announces new 4G offer starting at Rs 49 with free & unlimited local, STD calls

Reliance Communications announces new 4G offer starting at Rs 49 with free & unlimited local, STD calls

Fri, Mar 10, 2017

Reliance Communications on Friday new 4G offers wherein customers can access 1GB of data at Rs 49 with free unlimited on-net local and STD calls valid for 28 days.

Supreme Court temporarily bars Aircel from selling airwaves

Supreme Court temporarily bars Aircel from selling airwaves

Fri, Jan 06, 2017

The Supreme Court (SC) on Friday halted mobile phone carrier Aircel from selling its airwaves over an ongoing case of alleged corruption, potentially delaying a proposed deal with rival Reliance Communications (RCom).

5 key things that ruffled telecom sector in 2016

5 key things that ruffled telecom sector in 2016

Thu, Dec 29, 2016

Telecom sector in India had yet another eventful year as it saw disruption by the hands of Reliance Jio. Not only did Reliance Jio managed to gain customers at a fast pace, it forced other telecom companies like Airtel and Vodafone to reduce prices and redo their strategies.

Debt servicing: Reliance Communications sells tower business to Brookfield Infra for Rs 11,000 crore

Debt servicing: Reliance Communications sells tower business to Brookfield Infra for Rs 11,000 crore

Wed, Dec 21, 2016

KEY HIGHLIGHTS: RELIANCE COMMUNICATIONS SIGNS BINDING AGREEMENTS WITH BROOKFIELD INFRASTRUCTURE AND ITS INSTITUTIONAL PARTNERS FOR SALE OF ITS TOWERS BUSINESS

Telecom customer base shrinks to 1,053 million in August

Telecom customer base shrinks to 1,053 million in August

Sat, Nov 26, 2016

Telecom subscriber base in the country declined by over half a per cent to 1,053.4 million in August from 1,058.8 million in July, mainly due to Reliance Communications (RCom) losing its 2G customers on adoption of 4G technology, as per Trai's monthly subscriber report.

Reliance Communications launches unlimited voice calling scheme with no ‘conditions apply’

Reliance Communications launches unlimited voice calling scheme with no ‘conditions apply’

Tue, Nov 22, 2016

Telecom company, Reliance Communications on Tuesday announced the launch of its unlimited voice calling scheme at Rs 149 offering customers unlimited calling talk-time to any phone on any telecom network across the country, including STD calls.

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