Bad news for RCom: Settlement with Ericsson over unpaid dues unlikely
With debt totalling 457.33 billion ($6.73 billion) at end-March 2017, RCom is the most-leveraged of all listed telecoms carriers in India18-05-2018
18-05-2018
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media release has been enclosed herewith which is self explanatory18-05-2018
Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing on www.livemint.com - May 17, 2018 titled "NCLT rejects RCom's plea for stay on insolvency order".The reply is awaited.18-05-2018
Is Anil Ambani on the brink of losing RCom?
The total market value of the Anil Ambani's Reliance Group companies comes to around Rs 36,000 crore now, compared to aggregate peak values of over Rs 4 lakh crore.18-05-2018
Insolvency: RCom, Ericsson India likely to settle dispute outside NCLT
Ericsson had filed a petition with the NCLT18-05-2018
Clarifies on news item
With reference to news appeared on ET NOW dated May 17, 2018 quoting " RCom, Ericsson inform NCLT that they are in settlement talks- Rcom, Ericsson request NCLT to keep insolvency order in abeyance", Reliance Communications Ltd has submitted to BSE a copy of Clarification as enclosed.17-05-2018
Board Meeting-Board Meeting Postponed
Postponement of the Board Meeting scheduled on 19th May 2018 to 30th May 2018 to approve Audited financial results for the quarter and year ended March 31, 2018.17-05-2018
Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd on May 17, 2018, with reference to news appeared on ET NOW dated May 17, 2018 quoting " RCom, Ericsson inform NCLT that they are in settlement talks- Rcom, Ericsson request NCLT to keep insolvency order in abeyance" The reply is awaited.17-05-2018
RCom shares surge 46% after reports of Ericsson settlement talks
RCom shares on Thursday rose as much as 45.97% to Rs15.40 a share on news of a likely settlement between RCom and Ericsson17-05-2018
Clarifies on news item
With reference to news appeared in economictimes.indiatimes.com dated May 16, 2018 quoting" NCLT admits Ericsson's bankruptcy plea against RCom, subsidiaries", Reliance Communications Ltd has submitted to BSE a copy of Clarification as enclosed.16-05-2018