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Announces Q1 results (Standalone), Limited Review Report (Standalone) for the Quarter ended June 30, 2016

 Reliance Communications Ltd has announced the following Unaudited Standalone results for the quarter ended June 30, 2016:The Company has posted a net (loss) of Rs. (5590) million for the quarter ended June 30, 2016 as compared to Rs. (2310) million for the quarter ended June 30, 2015. Total Income has increased from Rs. 25850 million for the quarter ended June 30, 2015 to Rs. 25920 million for the quarter ended June 30, 2016.
14-09-2016
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Results Press Release

 Reliance Communications Ltd has submitted to BSE a copy of Media Release dated September 14, 2016 relating to financial results for the quarter ended June 30, 2016.
14-09-2016
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Announces Q1 results (Consolidated), Limited Review Report (Consolidated) for the Quarter ended June 30, 2016

 Reliance Communications Ltd has announced the following Unaudited Consoliated results for the quarter ended June 30, 2016:The Group has posted a net profit of Rs. 540 million for the quarter ended June 30, 2016 as compared to Rs. 510 million for the quarter ended June 30, 2015. Total Income has decreased from Rs. 55700 million for the quarter ended June 30, 2015 to Rs. 53610 million for the quarter ended June 30, 2016.
14-09-2016
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Reliance Communications (RCOM) and Maxis Communications Berhad (MCB) announce Largest Ever Consolidation in Indian Telecom Sector

 Reliance Communications Ltd has informed BSE regarding a Media Release dated September 14, 2016 titled "Reliance Communications (RCOM) and Maxis Communications Berhad (MCB) announce Largest Ever Consolidation in Indian Telecom Sector".
14-09-2016
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Merger with Aircel likely this week after Reliance Communications board meeting

 The matter is likely to come up for discussions at the RCom board meeting scheduled for Wednesday to consider and approve unaudited financial results for the quarter ended June.
13-09-2016
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Analysts Call

 Reliance Communications Ltd has informed BSE regarding "Analysts Call".
12-09-2016
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Brookfield set to buy majority stake in RCom towers; Anil Ambani to stay on as minority partner

 Sources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 crore Rs 19,500 crore.
09-09-2016
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Q1 results on Sept 14, 2016

 Reliance Communications Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 14, 2016, inter alia, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2016 (Q1).Pursuant to the Reliance Communications Limited - Code of Conduct to Regulate, Monitor and Report trading in Securities and fair disclosure of Unpublished Price Sensitive Information...
06-09-2016
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RIL shares fall; petro Biz on solid ground

 Deutsche Bank is of the view that the current sequence of events is similar to what Bharti faced during the launch of Reliance Communications (RCom) in 2003.
02-09-2016
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DoT's approval for SSTL-RCOM merger likely in Q4: Sistema

 KOLKATA: Russia's Sistema JSFC said telecom department's (DoT) nod for the ongoing merger process of its India unit Sistema Shyam Teleservices (SSTL) with Reliance Communications (RCom) is likely in the fourth quarter of 2016, post-conclusion of the next spectrum auction. "Due to the new frequency auction announced by the Indian government, all consolidation transactions have been suspended until the auction's completion, with the final DoT approval of the transaction with RCom expected in the fourth quarter of (calender) 2016," Sistema JSFC said in an official statement Tuesday . The Russian conglomerate, however, expects statutory approvals from the Rajasthan and Bombay High Courts next month for the ongoing merger process. " As of mid-August 2016, the (ongoing merger) transaction has been approved by markets regulator Sebi, the Competition Commission of India, tax authorities as well as shareholders and creditors of RCom and Sistema Shyam Teleservices," Sistema JSFC said.Sistema Shyam is merging its wireless business into RCom in adeal which will see the promoters of the SSTL getting around a10% stake in RCom. Sistema's announcements coincided with its India unit, Sistema Shyam Teleservices, re porting an 11.8% on-year rise in revenue to 3.44 billion roubles `355 crore) in the April-June (` period of 2016, helped by growing data revenues and data subscriber additions. Sistema Shyam's data customer base rose to 2.02 million during the quarter from 1.9 million in the earlier corresponding period. Sistema's India unit, which operates under the MTS brand in India, narrowed down net loss to 1468 million roubles (Rs 152 crore approx) in the...
31-08-2016
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