reliance communications


Telecom stocks under pressure; Idea cracks over 5%

Jun 13 2018

Telecom stocks, led by Idea Cellular came under selling pressure today, falling up to 5.3 per cent, amid concerns over increasing tariff war.

RCOM remains unaffected by intense competition in telecom sector

Jun 13 2018

RCOM said the company is now insulated from the hyper competition and tariff pressures in the telecom sector as it had exited the business-to-consumer (B2C) space in January 2018.

Telecom industry revenue down 7% in Q4: Jefferies

Jun 13 2018

Indian telecom revenues (adjusted gross revenues, AGR) fell another 7% quarter-on-quarter (QoQ) and are down 25 per cent from Q4 of 2015-16 levels, revealed a report.

RCom Shares, Bonds Jump After India Court Allows Asset Sale

May 31 2018

Reliance Communications Ltd. settled a payment dispute with the local unit of Ericsson AB, allowing the debt-laden phone operator to proceed.

NCLAT allows RCOM to sell assets to Jio, Brookfield

May 30 2018

NCLAT allowed Reliance Communications to proceed with asset sales to Reliance Jio and Brookfield, for an aggregate value of Rs 18,100 crore.

RCom plea against insolvency to be heard by NCLAT on Tuesday

May 28 2018

The NCLAT will hear the plea of RCom which has challenged NCLT's decision to start insolvency proceedings against it on a petition by Ericsson.

Sensex falls for fourth session; financials drag

May 18 2018

The broader NSE Nifty was down 0.47 percent at 10,633 as of 0721 GMT (1251 IST), while the benchmark BSE Sensex was 0.49 percent lower at 35,977.89.

Govt to help workers laid-off by telcos: Secretary

May 18 2018

Some estimates peg the number of job losses in the sector, which has been passing through choppy waters after the launch of the aggressive offerings by the deep-pocketed Reliance Jio, at over 90,000.

Reliance Naval shares plunge over 13 percent

Apr 24 2018

The stock slumped 13.33 per cent to end at Rs 23.40 on BSE. Intra-day, it tumbled 18.14 per cent to Rs 22.10 -- its 52-week low.

Reliance Naval shares plunge over 13 percent

Apr 24 2018

The stock slumped 13.33 per cent to end at Rs 23.40 on BSE. Intra-day, it tumbled 18.14 per cent to Rs 22.10 -- its 52-week low.

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