Reliance Communications Rallies 18% Amid Heavy Volumes
Shares of Anil Ambani-promoted Reliance Communications surged as much as 18.51 per cent to hit intraday high of Rs 40 on the back of heavy volumes.03-02-2017
Reliance Communications Rallies 18% Amid Heavy Volumes
Shares of Anil Ambani-promoted Reliance Communications surged as much as 18.51 per cent to hit intraday high of Rs 40 on the back of heavy volumes.Reliance Communications Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Reliance Communications Ltd with respect to news appearing in The Economic Times on January 31, 2017 titled "Telenor Joins M&A; Rush, Seeks Aircel RCom Tieup."Reliance Communications Ltd replied stating "We wish to inform you that it is not the policy of the Company to comment on speculation and rumours. Developments, if any, which concern stake-holders of the Company, will be intimated in due course and at appropriate time."Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing in The Economic Times on January 31, 2017 titled "Telenor Joins M&A; Rush, Seeks Aircel RCom Tieup."The reply is awaited.Consolidation: good for telecom industry, better service for customers
From having 9-10 mobile operators in each circle just a few years ago, Indian telecom sector is all set for a major consolidation that would reduce the number of players to 3-4. After Reliance...Reliance Communications hits new low as Moody's downgrades company debt
Reliance Communications is trading sharply down in today's markets after the ratings agency Moody's announced that it has revised the company's rating downward for its senior secured notes, from “B1” to “B2” with negative outlook. Moody stated that EBITDA from the company’s Indian operations - which contribute around 85% of the firm's EBITDA - will remain under pressure over next six months to a year, due to intensifying competition in India’s mobile sector and the government’s demonetization.Credit Rating
Reliance Communications Ltd has informed BSE that Moodys Investors Service, Inc. (Moody), International rating agency, has revised Companys corporate family rating and Senior Secured Notes rating from B1 to B2 with negative outlook.Moody has stated that EBITDA from the Companys Indian operations - which contribute around 85% of EBITDA, will remain under pressure over next 6-12 months in light of intensifying competition in Indias...Shareholding for the Period Ended December 31, 2016
Reliance Communications Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2016. For more details, kindly Click hereStatement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2016
Reliance Communications Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axis Trustee Services Ltd