Page 4 - Reliance Communications

RCom lenders reject resignation of Anil Ambani, four other directors

The resignations were conveyed to the CoC in its meeting on November 20 and were unanimously rejected

Airtel, RIL, three others may submit bids for RCom assets on Nov 25

The last date to submit bids will end on Monday and RCom (Reliance Communications) committee of creditors will also meet on the same day to open bid

RCom lenders reject resignation of Anil Ambani, 4 other directors

Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from the company earlier this month.

Jio subscriber addition slips under 7 mn a month for first time since 2018

Jio reported adding 698,3146 subscribers in Sept , the lowest since it added 6.1 mn in Nov 2017

Reliance Communications stock tanks over 8% as Sep quarter loss weighs

The company's scrip dropped 3.39 per cent to close at Rs 0.57 -- its record low -- on the BSE

Airtel withdraws bid for RCom assets sale, cites 'unfair' conduct by CoC

The CoC extended the deadline by 10 days and has decided to open bid now on November 25

RCom loss zooms to Rs 30,147 crore in Q2 on provisioning for liabilities

The company had reported Rs 338 crore in losses for the June quarter (Q1), and a profit of Rs 1,295 crore in Q2 last year

RCom's Sep-quarter loss at Rs 30,142 crore on provisioning for liabilities

RCom's total liability includes Rs 23,327 crore licence fee and Rs 4.987 crore spectrum usage charges

RCom asset sale: Deadline for bids extended by 10 days on Jio's request

Airtel has placed conditional bid to buy spectrum of RCom while Bharti Infratel has submitted bids for mobile towers

Airtel submit bids for RCom spectrum; Reliance Jio seeks deadline extension

Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers

Blow to telecom service providers as SC rejects plea over AGR definition

SC says all revenues except termination fee and roaming charges will form part of AGR

Single investor buying RCom would be preferred: Resolution professional

The AGM saw shareholders expressing disappointment on how their wealth got eroded because of the firm going bankrupt

RCom resolution professional seeks status quo on spectrum licences

The tribunal has asked the DoT to file its reply to the petition by September 24, after which the RP can file a rejoinder to DoT's reply by September 27. The matter will be heard next on September 30

NCLAT refuses to entertain RCom resolution professional, sends him to NCLT

RCom RP had approached NCLAT with plea that Ericsson India refund Rs 577 crore given to it by RCom

Reliance Communications unit misses bond payment, files for bankruptcy

GCX Ltd., which owns the world's largest private undersea cable system, is the latest company owned by Anil Ambani to stumble.

Reliance Jio to provide free set-top-box with every broadband connection

Billionaire Mukesh Ambani-led company is slated to launch optical fibre-based JioFibre broadband service from September 5

Top 10 biz headlines: Suitors for RCom assets grow, FPI norms eased & more

From Anil Agarwal and Mukesh Ambani joining the suitors' list for acquiring RCom assets to Sebi easing the process for onboarding overseas investors, here are the top business headlines for Thursday

Two RCom promoters pledge 11.5% more stake in Axis Trustee services

A BSE filing on pledge of RCom shares in favour of Axis Trustee Services showed that fresh pledge of 31.82 crore shares was created on August 16, 2019

Reliance Jio, Bharti Airtel set to bid for RCom's physical assets

he two companies are , however, are not interested in buying spectrum held by RCom

RCom unit seeks extension from holders as maturity looms for dollar bonds

GCX's attempts for a pact with bondholders comes on the heels of Suzlon Energy Ltd., an Indian wind-turbine maker, missing repayment of $172 million outstanding convertible notes last week