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1 min read
RCom Q3 loss widens to Rs 10,598 cr
According to a note by its auditors, RCom's loss for the quarter would have been higher by Rs 1,27…
PTI
1 min read
RCom stock tanks over 8 pc on Q2 loss
New Delhi, Nov 18 () Shares of debt-ridden Reliance Communications (RCom) on Monday tumbled over 8 …
PTI
1 min read
RCom posts Rs 30,142 cr loss in Jul-Sept quarter
New Delhi, Nov 15 () Debt-ridden Reliance Communications on Friday posted a consolidated loss of Rs…
PTI
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…
1 min read
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
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…
2 mins read
RCom chairman Anil Ambani, 4 other directors resign
New Delhi, Nov 16 () Reliance Communications Chairman Anil Ambani along with four directors have re…
PTI
1 min read
RCom lenders reject resignation of Anil Ambani, 4 other directors
New Delhi, Nov 24 () Reliance Communications on Sunday said its lenders have rejected the resignati…
PTI
2 mins read
Bharti Airtel submits Rs 9,500-cr bids for RCom assets
New Delhi, Nov 28 () Telecom operator Bharti Airtel has submitted conditional bids of around Rs 9,5…
PTI
1 min read
Airtel, RIL, 3 others may submit bids for RCom assets on Monday
New Delhi, Nov 24 () Bharti Airtel, Reliance Industries and three others are likely to bid for the …
PTI
2 mins read
Bharti Airtel withdraws bid for RCom assets citing questionable, unfair conduct
New Delhi, Nov 17 () Telecom operator Bharti Airtel has withdrawn its bid to purchase assets of Rel…
PTI
1 min read
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…
1 min read
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…
2 mins read
Reliance Jio likely to bag Reliance Infra's mobile tower, optical fibre for Rs 3,600 cr
New Delhi, Nov 29 () Reliance Jio has emerged as the highest bidder for mobile tower and optical fi…
PTI
3 mins read
Indian government to auction spectrum worth ₹4 lakh crore in March 2021
The Indian government today announced that it will auction spectrum worth ₹4 lakh crore in March 20…
2 mins read
Business highlights
New Delhi, Nov 25 () Following are the top business stories at 1845 hours:
DCM44 BIZ-LD TELECOM-CO…
PTI
3 mins read
Every one of India’s biggest billionaires is dealing with the telecom crisis differently
The conglomerate with interest in businesses ranging from cement to mining and a 147-y…
3 mins read
Intense tariff war is bleeding telecom operators. Here’s the proof
With annual interest payments, loan re-payment obligation, spectrum-related outgo and capex ex…
1 min read
Telecom industry is going to witness massive layoffs; over 25,000 pink slips loom
“There is no doubt that staff at the head office and circle (offices) are on shaky ground," an HR h…
2 mins read
Top three telecom companies’ debt is at ₹3.9 lakh crore — that’s half of India’s fiscal deficit
It doesn’t look like the debt is going away anytime soon. Jio’s predatory data tariffs are …