Wed, Dec 19, 2018
This Anil Ambani led company has tumbled by nearly 13% today - it even touched an intraday low of Rs 13.77 per piece. However, at around 11:12 hours, Reliance Communications was trading at Rs 14.59 per piece down by 7.54% on the index.
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Fri, Nov 30, 2018
Such an outburst of love in Anil Ambani’s RCom was due to a good news given by Supreme Court, which meant that the deal with brother Mukesh Ambani’s Reliance Jio Infocomm is soon set to become a reality.
Wed, Oct 03, 2018
Reliance Communication's share price surged by 4.27% with an intraday high of Rs 12.44 per piece.
Mon, Jan 29, 2018
RCom had reported net loss of Rs 2,712 crore in the preceding quarter (Q2FY18) and net loss of Rs 484 crore in the corresponding quarter of the previous year (Q3FY17).
Tue, Dec 26, 2017
Ambani accepted that RCom had faced a lot of headwinds in the last few months with respect to NCLT petitions.
Anil Ambani, chairman of RCom, is likely to make important announcement that may include company's debt recast plan.
Mon, Nov 20, 2017
RCom continues to face pressure from investors and analysts due to it’s heavy losses, net debt and rating downgrades. The company's total debt stood at Rs 45,000 crore by end of Q2FY18.
Mon, Jul 10, 2017
As RCom continues its battle in reducing its over Rs 44,000 crore debt, its stock price in the in last one has risen over 14%.
Thu, Jun 22, 2017
At 1323 hours the shares of Reliance Communications were trading at Rs 20.60 per piece, up 4.56% or Rs 0.90 on BSE.
Tue, Jun 06, 2017
On June 2, Anil Ambani led RCom, addressing a press conference, said that the company presented its debt payment plan to its lenders who approved it given the company time till December 2017 to pay the loans due.
Fri, Jun 02, 2017
Reliance Communication reported a loss of Rs 948 crore in Q4FY17, hit by intense price war among telecom operators after Jio's entry.
Thu, Jun 01, 2017
After ICRA and Moody's, now Fitch Ratings downgraded Reliance Communications to CCC.
Mon, Apr 24, 2017
Reliance Communication on Monday announced that it has received majority of its shareholders’ approval for the demerger of its wireless business into Aircel Ltd.
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