Press Release / Media Release
Media Release30-11-2017
China Development Bank takes RCom to NCLT: Will Anil Ambani-led telco go the Essar Steel way?
China Development Bank (CDB) filed an insolvency petition on 24 November against Reliance Communications to recover its loan of $1.78 billion (Rs 11,460 crore), according to media reports.28-11-2017
Tough time for Anil Ambani as Chinese lender drags RCom to NCLT
Reliance Communications owes Rs 11,460 crore ($1.78 billion) to the CDB, which accounts for around 37 per cent of the company's Rs 45,000 crore debt.28-11-2017
Press Release / Media Release
RELIANCE COMMUNICATIONS ENTERS INTO BINDING SPA TO SELL 100% EQUITY IN NON-CORE DTH BUSINESS27-11-2017
Reliance Communications Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Reliance Communications Ltd with respect to news appearing on ETNOW on November 27, 2017 titled "China development bank files insolvency case against Reliance communications"Reliance Communications Ltd response is enclosed.27-11-2017
Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing on ETNOW on November 27, 2017 titled "China development bank files insolvency case against Reliance communications"The reply is awaited.27-11-2017
Aircel junks reports of it shutting shop, says will turn around business
Aircel and its rival Reliance Communications had planned to combine their wireless operations24-11-2017
Lenders plan to send more companies to NCLT
Fail to get desired results in all SDR cases, including RCom23-11-2017
Reliance Communications shares jump over 14% on real estate assets sale buzz
Reliance Communications shares jump over 14% amid reports that lenders of the debt ridden firm have approved the sale of its real estate assets in Delhi and Chennai21-11-2017
Ambani saga: Two billionaire bros, two bonds, two very different fates
Ambani saga: Two billionaire bros, two bonds, two very different fatesMukesh Ambani's Reliance Industries perpetuals have earned investors juicy coupons with little risk. Anil Ambani-led RCom's note have defaulted.21-11-2017