Updates
Intimation under Regulation 30,51,56,57 of Listing Regulations.04-07-2017
GCX in pact with data centre firm
Global Cloud Xchange (GCX), a Reliance Communications' subsidiary, has entered into a new partnership with data centre provider Sovereign Business Integration Group to offer global connectivity. GCX...29-06-2017
Updates
In terms of Regulation 33(3)(b)(i) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company will additionally submit quarterly/ year to date Consolidated financial results during financial year 2017-18.29-06-2017
PE investors okay RCom tower deal
New Delhi, 22 June The deal by Anil Ambani-owned Reliance Communications to sell its tower assets to Canada's Brookfield Infrastructure is set for quick closure as private equity (PE) investors and hedge fund managers have given their approval to the transaction.The ~11,000-crore deal, which was announced in December, has received almost all approvals. According to sources, PE investors, including NSR Partners, HSBC Daisy Investments (Mauritius), George Soros Quantum Funds, Galleon & Drawbridge Towers, and hedge fund managers have given their approvals to Reliance Communications for the deal. The approvals pave the way for quick closure of the tower deal.PE investors and hedge fund managers hold a 4.26 per cent stake in Reliance Communications' tower arm Reliance Infratel. The tower arm stake sale will bring down Reliance Communications' debt by ~11,000 crore. When contacted, Reliance Communications declined to comment on the development.The deal has received approvals from the...23-06-2017
Updates
We refer to your email dated 21 June, 2017, Time 11:56 AM, seeking clarification from the Company on the news item appearing today in 'Mint' that 'Rcom puts Mumbai, Delhi real estate assets on the block to pare debt'. We wish to inform you that the Company has initiated the monetization programme for its real estate properties. Relevant advertisements, as published in the Economic Times on 19th, 20th and 21st June 2017, are attached herewith for reference.21-06-2017
Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing in Mint on June 21, 2017 titled "Rcom puts Mumbai, Delhi real estate assets on the block to pare debt."The reply is awaited.21-06-2017
Reliance Jio seeks approval from CCI for spectrum sharing with RCom
As per CCI website, the deal is under review20-06-2017
Reliance Communications invites offers to sell 133-acre IT park in Navi Mumbai
Reliance Communications (RCom) invites offers to sell or jointly develop 133-acre Dhirubhai Ambani Knowledge Centre located in Navi Mumbai20-06-2017
Stressed firms race to sell assets
Jaypee, Essar, and Reliance Communications expect transactions to close by September15-06-2017
Anil Ambani to take zero pay from RCom this fiscal
Chairman of Reliance Group Anil D. Ambani has voluntarily decided to draw no salary or commission from Reliance Communications in the current financial year. Decision is part of company...14-06-2017