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...
Tag : Reliance Communication
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...
Reliance Communication receives SEBI approval for merger with Aircel
Reliance Communications has got the approvals from markets regulator SEBI and the stock exchanges for proposed demerger of its wireless business into Aircel Ltd. The...
Reliance Communications is looking to raise funds through overseas debt for spectrum payment
Reliance Communications is looking to raise funds through an overseas bond issue for the payment of around Rs 1100 crore ($173 million) to the government...