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RCom refuses to accept Moody’s and Fitch rating downgrades

The fall in shares accelerated the firm's losses in the past month to around 38%. It add…

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RCom’s unpaid loans could be termed NPAs, and banks are worried

In the recent past, three rating firms have downgraded the company's debt because of missed paym…

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2 mins read

Missed loan payments force banks to red flag Anil Ambani's Reliance Communications

SMA means loans with overdue interest payment from borrowers, marked SMA 1 if a loan isn't servi…

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1 min read

Reliance Infratel resolution plan approved by NCLT Mumbai – Jio to pick up the tower unit

The resolution Plan was approved by 100% of COC. According to the approved plan, RCom…

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Airtel, Idea, Rcom are not going to be happy with their revenues, thanks to Reliance Jio

The top telecom players are likely to report lower earnings in January-March and also post a fa…

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RCom's committee of creditors to meet on Monday

UV Asset Reconstruction Company is learnt to have placed a bid of around Rs 14,700 crore, while Re…

PTI   


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Chinese banks have a lot to lose as Anil Ambani’s RCom assets may be worth a quarter of the loans

Lenders have claimed ₹49,000 crore from RCom, of which nearly a third of the claims are from ban…

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3 mins read

Airtel and Vodafone Idea get 10 years to repay AGR dues – here’s a timeline of the case

Amongst these, Vodafone Idea leads the charts with a total demand of ₹58,254 crore, while Airtel…

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2 mins read

Supreme Court reserves order on recovery of AGR dues from insolvent telecom companies

A bench headed by Justice Arun Mishra is likely to pronounce the judgment on three counts: Stagg…

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1 min read

RCom plans to reduce debt by mid-2017 and seal three deals, including Aircel

These deals will help RCom reduce debt by 70% by 2018. RCom's debt stood at Rs 42,800 crore as of D…

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RCom's committee of creditors to meet on Nov 20

New Delhi, Nov 19 () Reliance Communications' Committee of Creditors (CoC) will hold a meeting on N…

PTI   


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2 mins read

Anil Ambani is firefighting another charge that says RCom diverted funds into other group companies

The promoters of Reliance Communications (RCom) have refuted a fresh set of allegations that funds …

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2 mins read

RCom, Aircel and Sistema in talks for a three-way merger

As reported by The Economic Times, talks have already begun between the three companies. Under the …

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Jio, UVARC emerge top bidders for RCom assets

New Delhi, Jan 14 () Reliance Communications' (RCom) assets have received bids of around Rs 25,000 …

PTI   


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RCom in advanced trading talks with Jio, says Anil Ambani

While addressing the shareholders at RCom’s Annual General Meeting, Ambani said that the deal with …

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Anil Ambani has new tricks up his sleeves to save his telecom business

Investopedia defines that stock swap is “the exchange of one asset for another. A stock swap occurs…

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1 min read

RCom lenders might recover just a fourth of their loans after asset sale

The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. …

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2 mins read

Two Anil Ambani Group stocks — which were trading for less than ₹1 — are buzzing again

The share prices of Anil Ambani’s Reliance Communication and Reliance Naval and Engineering (RNEL…

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2 mins read

Airtel and Voda-Idea could pay DoT, but what about ₹38,000 crore from defunct telcos?

It is not just Bharti Airtel and Vodafone-Idea that are affected by the Supreme Court order which w…