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  • SC AGR Verdict | Here's why Vodafone Idea fell, but Airtel rose; an expert take on the verdict Sep 01, 2020 02:24 PM IST

    SC AGR Verdict | Here's why Vodafone Idea fell, but Airtel rose; an expert take on the verdict

    Telecom companies will submit undertaking to pay AGR dues as per Supreme Court order and will pay 10 percent upfront.

  • Bharti Airtel jumps over 6%, Vodafone Idea plunges 13% after Supreme Court verdict in AGR case Sep 01, 2020 09:49 AM IST

    Bharti Airtel jumps over 6%, Vodafone Idea plunges 13% after Supreme Court verdict in AGR case

    Bharti Airtel as well as Vodafone Idea made hefty provisions with respect to AGR dues in March and June quarters 2020, and as a result, both had reported losses in same quarters.

  • AGR case: SBI files intervention plea on behalf of Reliance Communications Aug 14, 2020 11:34 AM IST

    AGR case: SBI files intervention plea on behalf of Reliance Communications

    The amount recoverable from RCom is Rs 31,000 crore, Solicitor General Tushar Mehta said on August 10.

  • RCom loans: Anil Ambani claims no personal guarantee given to three Chinese banks Jun 23, 2020 05:59 PM IST

    RCom loans: Anil Ambani claims no personal guarantee given to three Chinese banks

    Speaking at the annual general meeting of group company Reliance Infrastructure (RInfra), Ambani said he had only signed 'a power of attorney limited to executing a non-binding letter of comfort to the Chinese banks' when the now-bankrupt RCom borrowed money in 2012.

  • Govt gets Rs 25,900 cr in AGR dues; asks telcos to make full payment Mar 11, 2020 04:30 PM IST

    Govt gets Rs 25,900 cr in AGR dues; asks telcos to make full payment

    Minister of State for Communications said the government has "again" directed the operators to make full payments in a letter dated March 4, 2020

  • 'RCom creditors approve Rs 23,000 cr asset sale plan to Jio, UVARCL' Mar 04, 2020 09:52 PM IST

    'RCom creditors approve Rs 23,000 cr asset sale plan to Jio, UVARCL'

    Lenders submitted claims of around Rs 49,000 crore in August of which Rs 33,000 crore estimated to be secured debt.

  • SBI board approves RCom insolvency resolution plan: Sources Mar 03, 2020 09:34 PM IST

    SBI board approves RCom insolvency resolution plan: Sources

    RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders submitted claims of around Rs 49,000 crore in August.

  • RCom share locked in 5% upper circuit on BSE Feb 24, 2020 10:49 AM IST

    RCom share locked in 5% upper circuit on BSE

    RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders submitted claims of around Rs 49,000 crore in August.

  • RCom CoC to vote on Rs 23,000 cr resolution plans on February 24 Feb 17, 2020 09:25 PM IST

    RCom CoC to vote on Rs 23,000 cr resolution plans on February 24

    RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders submitted claims of around Rs 49,000 crore in August.

  • Reliance Jio, UVARC emerge top bidders for RCom assets Jan 14, 2020 07:34 PM IST

    Reliance Jio, UVARC emerge top bidders for RCom assets

    Reliance Jio had placed Rs 4,700-crore bids for mobile tower and fibre assets of Reliance Infratel Ltd (RITL), a subsidiary of RCom.

  • Reliance Communications' committee of creditors to meet on January 8 Jan 07, 2020 01:10 PM IST

    Reliance Communications' committee of creditors to meet on January 8

    RCom is going through the corporate insolvency resolution process under the Mumbai-bench of NCLT

  • RCom creditors may seek more time to complete asset sale process Jan 01, 2020 10:25 PM IST

    RCom creditors may seek more time to complete asset sale process

    RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders have submitted claims of around Rs 49,000 crore in August.

  • UK High court dismisses Chinese bank $680 mn claim against Anil Ambani Dec 16, 2019 07:32 PM IST

    UK High court dismisses Chinese bank $680 mn claim against Anil Ambani

    Ambani contested the proceedings and put up a strong legal defence, and will continue to contest the proceedings and seek leave to defend, without any conditions as to making of deposits or payments being imposed, the statement said.

  • This stock has gained 77% in the last 14 consecutive sessions Dec 06, 2019 04:46 PM IST

    This stock has gained 77% in the last 14 consecutive sessions

    In the last 14 sessions, the stock has gained 77.2 percent. However, in the calendar year 2019, the stock has lost 93 percent of its market value.

  • Reliance Jio, Bharti Airtel among bidders for Reliance Communications' telecom assets: Report Nov 25, 2019 09:23 PM IST

    Reliance Jio, Bharti Airtel among bidders for Reliance Communications' telecom assets: Report

    With an estimated secured debt of around Rs 33,000 crore, RCom has put its all assets for sale.

  • Reliance Communications share price spikes 6% on asset sale buzz Nov 25, 2019 10:53 AM IST

    Reliance Communications share price spikes 6% on asset sale buzz

    Five companies are expected to submit bids for RCOM assets on November 25, say sources. Reliance Industries will submit its bid through its subsidiary.

  • RCom lenders reject resignation of Anil Ambani, 4 other directors Nov 24, 2019 03:00 PM IST

    RCom lenders reject resignation of Anil Ambani, 4 other directors

    In a BSE filing, RCom said its Committee of Creditors (CoC) had met on November 20.

  • RCom's committee of creditors to meet on November 20 Nov 19, 2019 06:06 PM IST

    RCom's committee of creditors to meet on November 20

    The company posted a consolidated loss of Rs 30,142 crore for September 2019 quarter due to provisioning for liabilities after the Supreme Court ruling on statutory dues.

  • In a first, Reliance Communications AGM to be chaired by resolution professional on September 30 Sep 29, 2019 05:53 PM IST

    In a first, Reliance Communications AGM to be chaired by resolution professional on September 30

    Companies in the diversified group will be holding their annual general meetings (AGMs) in the financial capital.

  • RCom's undersea cable unit GCX files for bankruptcy Sep 16, 2019 09:14 PM IST

    RCom's undersea cable unit GCX files for bankruptcy

    GCX, which owns private undersea cable system spanning more than 68,000 route km, is a subsidiary of Reliance Communications, and offers portfolio of solutions customised for carriers, enterprises and new media companies

  • Investors' dilemma: What looks cheap is not safe and what is safe is not cheap Aug 13, 2019 01:19 PM IST

    Investors' dilemma: What looks cheap is not safe and what is safe is not cheap

    Liquidity has flowed to a few stocks which have shown relatively better earnings, and over the long-term experts feel that stock prices will mimic earnings growth.

  • Reliance Comm Consolidated June 2019 Net Sales at Rs 865.00 crore, down 14.02% Y-o-Y Aug 12, 2019 02:44 PM IST

    Reliance Comm Consolidated June 2019 Net Sales at Rs 865.00 crore, down 14.02% Y-o-Y

  • Reliance Comm Standalone June 2019 Net Sales at Rs 236.00 crore, down 41.58% Y-o-Y Aug 12, 2019 02:44 PM IST

    Reliance Comm Standalone June 2019 Net Sales at Rs 236.00 crore, down 41.58% Y-o-Y

  • RCom Q1 loss widens to Rs 366 crore Aug 09, 2019 10:00 PM IST

    RCom Q1 loss widens to Rs 366 crore

    The loss excludes interest of Rs 1,094 crore and foreign exchange variation of around Rs 33 crore during the reported quarter.

  • SC dismisses DoT plea against TDSAT order in RCom spectrum sale case Jul 02, 2019 09:16 PM IST

    SC dismisses DoT plea against TDSAT order in RCom spectrum sale case

    A bench of Justices R F Nariman and Surya Kant said that there was no merit in the DoT plea against the TDSAT order.

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