Page 8 - Reliance Communications

Lenders get bids for Reliance Communications assets

Reliance Communications's assets put on the block are in telecom and real estate

RCom lenders to oppose China Development Bank's insolvency petition

CDB had earlier filed a petition opposing RCom-Aircel merger in May this year. The Chinese lender withdrew its petition later

RCom lenders will oppose CDB's insolvency action before NCLT

The lenders have named Indian law firm J. Sagar Associates as their legal counsel to oppose the CDB petition

Bondholders on par with lenders: RCom

RCom got to this point after years of ballooning borrowing and over-spending finally caught up with it

Banks call lenders' meet over RCom insolvency case buzz

China Development Bank has moved the National Corporate Law Tribunal against the telco after it defaulted on $1.78-billion loan

RCom clarifies on reports of China bank filing insolvency case; stock tanks

RCom said that the company has not been served any notice of the application filed by China Development Bank with NCLT, as reported in the media.

RCom shares jump over 14% amid reports of real estate assets sale

The stock surged 14.10 per cent to Rs 13.75 on BSE

RCom's 2G exit is a step in right direction but uncertainty lingers

While RCom has done the right thing by closing down its loss-making 2G business, investors should cut their losses in the stock as the outlook remains clouded

Reliance Communications says not making any payment to lenders now

Reliance Communications has said it plans to implement its debt resolution proposal within the standstill period

NCLAT issues notice to Reliance Communications over Manipal Tech 'dues'

The appellate tribunal has agreed to hear the matter on December 4

RCom post 4th straight quarterly loss; shares plunge 13.5%

The company's market valuation also fell by Rs 860.89 crore to Rs 3,024.11 crore

Reliance Communications records Q2 loss at Rs 2,709 cr, income falls 48%

This is the fourth straight quarter of loss for the company

RCom revamp plan recap: Airtel, Jio eye assets; tower deal to be reworked

Anil Ambani-led company is selling off businesses to pay off Rs 27,000 crore out of Rs 45,000 crore debt on its books

Telcos, PE firms show interest in RCom assets

RCom has suggested its consortium of banks convert part of their loans into a 51 per cent majority equity in the truncated company

Veecon Media & Television: Newborn biz

The firm entered the media business in May after alterations in the objectives of its erstwhile avatar

RCom to shut voice calls from Dec 1, users can port to others till Dec 31

RCom, reeling under debt of around Rs 46,000 crore, decided to shut down its voice call services after it failed to close its wireless business merger deal with Aircel in the beginning of this month

RCom faces coupon test amid standstill, to shut voice calls from Dec 1

$300 mn of bonds on which the firm must pay semi-annual coupon on Monday mature in 2020

Anil Ambani's RCom, GCX ratings unaffected by debt restructuring: Fitch

Rcom said it has made a comprehensive 'debt resolution plan to its domestic and foreign lenders'

RCom shares fall 5% as the company plans to shut down 2G operations

After a weak opening, shares of the company further lost 4.55 per cent to Rs 15.70 - 52-week low - on BSE.

4G strategy involves spectrum sharing, intracircle roaming with Jio: RCom

RCom will be 'optimising' its 2G and 3G footprint, and related infrastructure and human resources, with effect from 30th Nov