Jio Effect: RCom Posts Third Consecutive Quarterly Loss
RCom, controlled by billionaire Anil Ambani, has won a reprieve on its debt until the end of the year as it works on two asset sale deals that it expects will reduce its $7 billion debt by about...
Reliance Communications posts third consecutive quarterly loss at Rs1,221 crore
Reliance Communications (RCom) reported a net loss of Rs1,221 crore for its fiscal first quarter ended June Financial Results For Quarter Ended June 30 ,2017
Statement of unaudited Stand alone and Consolidated Financial Results for the quarter ended June 30, 2017 along with Limited Review Report and Press Release dated August 12, 2017 issued by the Company. RCom falls ahead of merger approval with Aircel
Promoters held 46.30 per cent stake in the company as of June 2017. Reliance Communication offers unlimited calls, data with Rs 299 rental plan
Anil Ambani-led Reliance Communications has announced a new plan with a monthly rental of Rs 299 for its subscribers. RCom Plans To Issue Shares To Lenders In Lieu Of Debt
The board of RCom is scheduled to meet on August 12 which will consider convening annual general meeting of shareholders to enable the firm seek their nod for converting debt into equity shares. Updates
Intimation of Board Meeting to consider issue of equity shares to the Lenders by way of conversion of loan. Pursuant To Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 Read With The Uniform Listing Agreement Entered Into By The Company With The Stock Exchanges,A Meeting Of The Board Of Directors Of The Company Will Be Held On Saturday, August 12, 2017, Inter Alia, To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2017.
Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the Uniform Listing Agreement entered into by the Company with the Stock Exchanges, we wish to inform you that a meeting of the Board of Directors of the Company will be held on Saturday, August 12, 2017, inter alia, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2017....
NCLT to decide on RCom-Aircel merger on 10 August
The NCLT reserves its verdict on RCom-Aircel merger on Thursday after all the parties concluded their arguments