RCom Files Contempt Of Court Plea Against DoT
Reliance Communications Ltd. (Rcom) has filed a second contempt of court plea in supreme court against the department of telecommunication (DoT) for not providing NOC...
Tag : RCOM
The SC Orders RCom To Submit Corporate Guarantees Within 2 Days
The Supreme Court has ruled that Reliance Communications Ltd. has to furnish corporate guarantees of Rs 1,400 crores in order to facilitate the sale of...
Debt-Ridden RCom Posts Net Profit Of Rs. 1,141 Crores
Reliance Communications reported a consolidated profit of Rs 1,141 crores during the September-end quarter of FY 2019, because of a one-time gain of Rs 6,876...
Supreme Court Orders RCom To Pay Rs. 550 Crores By 15 December
The Supreme Court has granted Reliance Communication Ltd a deadline of December 15, in order to clear the dues of Rs. 550 crores to telecom...
Reliance Communication Announces To Leave Telecom Industry
At the company’s annual general meeting (AGM), Reliance Group chairman Anil Ambani claimed that Reliance Communications Ltd will completely exit the telecom business to concentrate...
RCom Sells Assets Worth Rs. 3000 Crores To RJio
Anil Ambani led Reliance Communications (RCom) announced that the company had completed the sale of fiber assets and other related infrastructure assets worth Rs. 3000 crores...
RCom receives bondholders’ approval for asset sale
Reliance Communications (RCom), has received approval from bondholders for their asset sale plan, which includes the sale of certain assets to Reliance Jio Infocomm Ltd. In...
RCom announces new resolution plan
Reliance Communications (RCom) has announced a new resolution plan for reducing its debt by up to Rs.39,000 crore via prepayment and form a new RCom...
RCom receives notice from NCLAT regarding Manipal Technologies dues
Reliance Communications (RCom) has received notice from the National Company Law Appellate Tribunal (NCLAT), regarding a a petition filed by Manipal Technologies Ltd seeking its due....
Rcom enters into an agreement to sell DTH unit to Veecon Media
Reliance Communications (RCom), has signed a MoU for selling its DTH business to Veecon Media and Television to lower its debt. According to the company,...