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BROOKFIELD INFRASTRUCTURE News
Debt battle: Reliance Communication shares' jumps after receiving relief from lenders
Mon, Jun 05, 2017
After touching a record low last week, Anil Ambani-backed Reliance Communications (RCom) has finally seen some revival in its stock price. This came in after when the company's lenders provided seven months time for their repayment of debt.
RCom shares hit record low in early trade on Q4 loss, debt woes
Mon, May 29, 2017
Two days after reporting loss in the fourth quarter (Q4) results, Anil Ambani owned telecom company Reliance Communications (RCom) shares decline as much as 20% to an all-time low in early trade on Monday.
Reliance Communications ratings under review for downgrade despite Brookfield deal, Moody's; shares flat
Thu, Dec 22, 2016
Moody feels there is still lack of clarity on the cash flow generating capabilities of some of Rcom's remaining businesses, as the resulting leverage or cash flow positions following its restructuring can only be estimated within wide bounds.
Debt servicing: Reliance Communications sells tower business to Brookfield Infra for Rs 11,000 crore
Wed, Dec 21, 2016
KEY HIGHLIGHTS: RELIANCE COMMUNICATIONS SIGNS BINDING AGREEMENTS WITH BROOKFIELD INFRASTRUCTURE AND ITS INSTITUTIONAL PARTNERS FOR SALE OF ITS TOWERS BUSINESS