Search Results for: RCom

Aggressive Reliance Jio triggers consolidation of market rivals

Airtel eyes monetisation of fibre network in partnership Vodafone, Idea to generate extra revenue needed to drive growth

Dec 4, 2018

Anil Ambani's debt-ridden RCom gets court breather in deal with Mukesh's Reliance Jio

Department of Telecommunication (DoT) had sought bank guarantee worth Rs 2,950 crore against the outstanding spectrum charges that RCom owed it.

Dec 1, 2018

RCom fears DoT bank guarantee push can scupper assets sale deal with Jio

Anil Ambani's company told the top court that government ignored collateral security worth Rs 1,400 cr while seeking Rs 2,940 cr bank guarantee.

Nov 27, 2018

Ericsson files plea against Anil Ambani over Rs 550 crore pending dues

Ericsson India Private Limited has reportedly filed a Contempt Petition on October 1, 2018, in the Supreme Court.

Oct 3, 2018

Anil Ambani planning to give up control of Reliance Communications?

The company will only own the undersea telecommunications cable system, data centres, and business-to-business connectivity services.

Sep 27, 2018

Rafale deal: Francois Hollande's statement, Rahul's tweet 'orchestrated', claims Finance Minister Arun Jaitley

Defending the Prime Minister and the government on the Rafale deal, Finance Minister Arun Jaitley said that Hollande's statements were contradictory in nature.

Sep 23, 2018

Amid Rafale spat, Dassault Aviation confirms Anil Ambani was its first choice

The statement by Dassault Aviation came following a French media report which quoted Hollande as saying that the Indian government proposed Reliance Defence as the partner for the French aerospace giant in the Rs 58,000 crore Rafale deal and France did not have a choice.

Sep 22, 2018

RCom to exit telecom, focus on realty: Anil Ambani

Ambani said there is a huge realty play opportunity that RCom's erstwhile corporate headquarters possesses.

Sep 18, 2018

Sistema exits Reliance Communications; sells its 10 percent stake

Sistema JSFC has decided to exit Reliance Communications after the struggling telco recently got entrapped in insolvency proceedings.

Jun 21, 2018

Reliance Communications' settlement with Ericsson over dues unlikely for now: Report

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecoms network. The company is now seeking 1.55 billion rupees ($170 million) from RCom and two of its subsidiaries.

May 18, 2018

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Stocks to watch on March 22: Sun Pharma, Coal India, JP Associates

Shares in Reliance Communications are likely to move on report the firm has received bondholders' approval for asset monetization plan.

Mar 22, 2018

Aircel tells employees to be ready for 'difficult times'

Telecom provider Aircel warns more than 5,000 staffers of difficult times ahead.

Feb 21, 2018

Considerable number of stressed accounts to be resolved in 2018, says SBI chief

"If promoters are willing to settle and there are good quality assets, then there is no need for banks to take any haircuts," said Rajnish Kumar.

Dec 29, 2017

Reliance Jio the highest bidder for RCom assets: Will this reunite Ambani brothers?

"Others did not match the price that Reliance Jio was willing to offer," sources said.

Dec 26, 2017

Airtel and Vodafone likely to buy debt-ridden RCom's spectrum

The telcos are looking for RCom's 2100 MHz spectrum in 13 circles–Delhi, Mumbai, Kolkata, Punjab, Madhya Pradesh, Bihar, Assam.

Dec 1, 2017

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