Reliance Infratel

NCLAT reserves order on admission of contempt plea filed against Anil Ambani, other officials

Reliance Infratel, against which also the contempt petition has been filed, is part of RCom.

Reliance Infratel, HSBC Daisy submit settlement agreement; NCLAT dispose of case

Reliance Infratel had withdrew its petition from NCLAT, seeking permission to sell its tower and fibre assets.

Reliance Infratel settles dispute with investor; withdraws petition for asset sales

Following the development, the Anil Ambani led firm today withdrew its petition from the National Company Law Appellate Tribunal (NCLAT) seeking permission to sell its tower and fibre assets.

NCLAT adjourns hearing on Reliance Infratel asset sale to May 2

Counsel appearing in the matter sought the adjournment following which a NCLAT bench headed by Justice S J Mukhopadhaya directed it to list on May 2.

CCI okays sale of Reliance Infra tower unit to Brookfield

"The Competition Commission of India (CCI) has approved the proposed transaction involving the sale of the tower division of Reliance Infratel Limited, a subsidiary of Reliance Communications Ltd., which is to be carried out pursuant to a demerger of the tower division to Towercom Infrastructure Private Limited (Towerco)," Reliance Communications said in a statement.

Rel Comm up 4% on Rs 11Kcr payment from Brookfield for tower biz

Reliance Communications shares gained 3.6 percent intraday Friday after signing term sheet with Canada-based asset management company for tower business.

Reliance Comm up 6% on ICRA upgrade, to sign Aircel deal soon

"RCom and Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited, the shareholders of Aircel, expect to sign binding definitive documentation and announce the proposed transaction for the combination of the Indian wireless business of RCOM and Aircel very shortly," the telecom company said in its filing.

Fitch assigns stable outlook to RCom

"Fitch Ratings has affirmed India-based telecoms service provider Rcom long-term foreign and local-currency issuer default ratings (IDR) of 'BB-'. The outlook is stable," Fitch said in a statement

RCom Board Meet: Co likely to announce Infratel stake sale

CNBC-TV18's Reema Tendulkar gives a detailed analysis of the expected divestment.

RCom may sign lease deal with Rel Infratel this week: Srcs

According to sources, RCom will sell 96 percent of it stake and minority investors will sell 4 percent stake.

RComm up 6%, likely to sell entire stake in tower biz

RComm owns about 96 percent stake in Infratel and the sale would fetch it around Rs 22,000 crore, which will be used to retire some debt.

RCom to sell entire stake in Reliance Infratel

Reliance Communications (RCom) is close to finalising a deal to sell its entire stake in tower unit Reliance Infratel, sources aware of the development said. R Com owns about 96 percent stake in Infratel and the sale would fetch it around Rs 22,000 crore, which will be used to retire some debt.

RComm up 2%, tower biz stake sale gets positive response

The Anil Dhirubhai Ambani Group company said the formal process for sale of a controlling 51 percent stake in Reliance Infratel was launched a few weeks back, and got a very positive response.

RCom short-lists bidders for stake sale in tower arm

The company had a net debt of Rs 38,595.7 crore at the end of June 30, 2015. Sources had said RCom was in talks with American Tower Company (ATC) and Carlyle and others for selling a majority stake in Reliance Infratel.

RComm in talks with ATC, Carlyle for stake sale in towers

Telecom operator Reliance Communications is in talks with American Tower Company (ATC) and Carlyle to sell majority stake in its tower subsidiary Reliance Infratel in the current financial year.

Service tax dept slaps Rs 150 cr tax order on GTL Infra

While GTL Infra in their official response told CNBC-TV18 that they have no service tax liability, within the next few days some other telecom, infra companies like Reliance Infratel and Quippo-WTTIL may get similar notices.

Accumulate Reliance Communications on dip: Angel Broking

According to Mayuresh Joshi, VP Institution at Angel Broking, Reliance Communications can be accumulated on declines with a long term perspective.

RComm up 16% on talks with PEs to sell Reliance Globalcom

Telecom operator Reliance Communications surged 16 percent in late trade on Monday, to touch a new 52-week high of Rs 100.05 on news that the company is in talks with PE consortium to sell Reliance Globalcom.

Reliance Comm gains on stake buy reports

Shares in Reliance Communications gained on Friday after The Economic Times newspaper reported the company was in talks to sell a stake in its mobile tower unit to Reliance Industries.

RComm gains on hopes of deal with Reliance Industries

Reliance Communications shares rose as much as 3.2 percent after The Economic Times reported the company was in preliminary talks with Reliance Industries for a mobile network sharing deal.

Reliance Comm deal with RIL 'inevitable': CLSA

Shares in Reliance Communications Ltd gained 7.1 percent, to their highest level since April 18, 2012, after CLSA said several catalysts could help the company to unlock value, including an "inevitable" tower/infrastructure-sharing deal with Reliance Industries for its 4G rollout.

Tulsian picks media stocks for investments

SP Tulsian of sptulsian.com, says that he is over all quite positive on media space. Dish TV can move up to Rs 80-85 especially because the kind of digitalization moves which is now likely to gather momentum and the stock will benefit. Apart form this he am positive on Hathway, DEN Network, Zee Entertainment and Sun TV.