Creditors oppose NCLT order, may pose hurdles in the way of RCom-Aircel merger
The order pronounced by the tribunal suggested that any creditor accounting 5 percent or less of the companies' total debt cannot oppose the merger.21-08-2017
Creditors oppose NCLT order, may pose hurdles in the way of RCom-Aircel merger
The order pronounced by the tribunal suggested that any creditor accounting 5 percent or less of the companies' total debt cannot oppose the merger.RCom's merger with Aircel gets NCLT nod
Deal will help both firms pare their debt to acceptable levelsJio 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 JuneFinancial 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.