RCom, Aircel announce merger: the devil is in details
The all-important detail of how much equity RCom and Aircel plan to bring in to the merged entity has been left unanswered14-09-2016
RCom, Aircel announce merger: the devil is in details
The all-important detail of how much equity RCom and Aircel plan to bring in to the merged entity has been left unansweredAnnounces 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.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.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.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".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.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.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...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.