Page 6 - Reliance Communications
RCom seeks relief from RBI diktat to speed up Reliance Jio deal
Under the circular, 100% of the members of the committee of creditors have to accept the offer of debt resolution
 "RCom seeks relief from RBI diktat to speed up Reliance Jio deal")
RCom goes to NCLT to speed up Jio deal, hopes move will expedite DoT nod
On Monday, RCom also moved the NCLAT to withdraw its opposition to an insolvency petition filed by Ericsson India in the NCLT
 "RCom goes to NCLT to speed up Jio deal, hopes move will expedite DoT nod")
Telecom disputes tribunal exempts RCom from one-time spectrum charge
TDSAT also directed the DoT to return a Rs 2,000 cr bank guarantee made by the debt-laden company
 "Telecom disputes tribunal exempts RCom from one-time spectrum charge")
Anil Ambani's Reliance Communications lays out debt resolution plan
Reliance Communications's net debt stood at around $7 billion as of March 2017 when it last made the number public.
Debt-ridden RCom to file for bankruptcy as lenders fail to reach consensus
The company Board cited lack of approvals and consensus on important issues as the primary reason for its decision
Reliance Communications says will not be paying Rs 375 crore to NCD holders
The company has posted a consolidated loss of Rs 341 crore for the third quarter ended December 2018. It had registered a loss of Rs 206 crore in the same quarter a year ago
 "Reliance Communications says will not be paying Rs 375 crore to NCD holders")
SC asks RCom's Anil Ambani to appear in contempt case filed by Ericsson
Ericsson had also sought that the RCom chairman and others, who had violated court orders, be detained in civil prison unless they purge themselves by making the payment
 "SC asks RCom's Anil Ambani to appear in contempt case filed by Ericsson")
SC asks RCom, RJio to resolve issue over settlement of past dues by Jan 11
SC asked asked RJio to furnish an undertaking to abide by the spectrum trade guidelines, to which the company said that it cannot take this risk knowing the problems faced with regard to the past dues
 "SC asks RCom, RJio to resolve issue over settlement of past dues by Jan 11")
SC allows RCom to deposit Rs 118 crore against Ericsson dues for now
SC, hearing a contempt petition by Ericsson against RCom's Anil Ambani, asks latter to deposit amount in the court's registry; also issue a notice to Ambani, asks RCom to respond in 4 weeks
 "SC allows RCom to deposit Rs 118 crore against Ericsson dues for now")
Awaiting clearance, RCom, Jio extend asset sale pact's validity to June 28
Reliance Communications has been urging the telecom department to grant it the 'long-awaited no-objection certificate' to comply with a Supreme Court order in 'letter and spirit'
 "Awaiting clearance, RCom, Jio extend asset sale pact's validity to June 28")
Committed to paying any outstanding or disputed amount, RCom tells DoT
Reliance Communications is yet to pay Ericsson
RCom falls 12% on reports DoT has rejected its spectrum deal with Jio
Shares of RCom fell as much as 12 per cent to Rs 13.77 apiece on BSE after a news report suggested that the DoT has told RCom and Reliance Jio Infocomm that it can't approve their spectrum deal
Favourable ruling boosts Anil Ambani firms' stocks, RCom shares climb 7.1%
The two developments boosted the market capitalisation of five large listed Ambani firms by $68 million
RCom stares at insolvency as SC rejects plea for more time on Ericsson dues
Apex court had asked RCom to clear Ericsson dues by Dec 15, while RCom sought two more weeks
RCom furnishes Rs 14 bn corporate bond, paves way for spectrum sale to Jio
Supreme Court had on Friday asked the government to issue RCom a NoC for spectrum sale to Reliance Jio Infocomm by December 9 if it furnishes a corporate guarantee of Rs 14 billion within two days
SC asks RCom for Rs 14-bn guarantee, clears path for spectrum sale to Jio
The corporate guarantee will be issued by Reliance Realty Ltd, a wholly-owned subsidiary of RCom; after this, govt will issue NOC within a week
Centre tells SC it wants bank guarantee for Reliance Comm spectrum sale
Reliance Communications says it cannot give a bank guarantee of Rs 14 billion and that it had instead given land worth nearly Rs 14 billion as security.
 "Centre tells SC it wants bank guarantee for Reliance Comm spectrum sale")
RCom settles case with Sebi by paying Rs 6.24 million as penalty
RCom settles case with Sebi by paying Rs 6.24 million as penalty
RCom gets TDSAT relief, can go ahead with spectrum deal sans bank guarantee
The guarantee had been demanded by DoT
Ericsson settlement deal row: RCom seeks 60 days more for payment
A number of hearings have taken place in the matter since August 28, 2018, and the telecom tribunal announced interim relief on October 1
 "Ericsson settlement deal row: RCom seeks 60 days more for payment")
