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Reliance Communications Ltd (RLCM.NS)

RLCM.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

NCLAT Says If IBC Triggered Against Reliance Communications, Ericsson Will Have To Refund 5.78 Bln Rupees - CNBC TV18
Monday, 8 Apr 2019 

April 8 (Reuters) - :NCLAT SAYS IF IBC TRIGGERED AGAINST RELIANCE COMMUNICATIONS LTD, ERICSSON WILL HAVE TO REFUND 5.78 BILLION RUPEES- CNBC TV18.NCLAT DIRECTS ERICSSON TO CLARIFY ON STATE OF PROCEEDINGS BEFORE SUPREME COURT - CNBC TV18.  Full Article

Reliance Communications Requests "Urgent Approval" From Lenders To Release About 2.60 Bln Rupees
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Reliance Communications Ltd ::RELIANCE COMMUNICATIONS - "REQUESTED URGENT APPROVAL" FROM LENDERS TO RELEASE ABOUT 2.60 BILLION RUPEES, GOT FROM INCOME TAX REFUNDS, DIRECTLY TO ERICSSON.RCOM IS CONFIDENT OF RAISING BALANCE OF ABOUT 2 BILLION RUPEES FOR PAYMENT TO ERICSSON.SAYS SUM OF 1.18 BILLION RUPEES HAS ALREADY BEEN DEPOSITED WITH SC.RELIANCE COMMUNICATIONS-IS CONFIDENT ENTIRE SUM PLUS INTEREST WILL STAND PAID TO ERICSSON WELL WITHIN 4 WEEKS ALLOWED BY SC.  Full Article

Reliance Communications Says Shall Comply With SC Judgement
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Reliance Communications Ltd ::SAYS "RESPECT HON'BLE SUPREME COURT JUDGEMENT, RCOM GROUP SHALL COMPLY WITH SAME".  Full Article

India's Reliance Communications Dec-Qtr Consol Net Loss Widens
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Reliance Communications Ltd ::DEC QUARTER CONSOL NET LOSS 2.38 BILLION RUPEES VERSUS LOSS OF 1.30 BILLION RUPEES LAST YEAR.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 10.70 BILLION RUPEES VERSUS 11.44 BILLION RUPEES LAST YEAR.  Full Article

Reliance Communications Clarifies On Application For Trading Of Spectrum In 800 Mhz Band
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Reliance Communications Ltd ::RELIANCE COMMUNICATIONS CLARIFIES ON APPLICATION FOR TRADING OF SPECTRUM IN THE 800 MHZ BAND FILED BY CO.CLARIFIES REQUIREMENT OF GIVING BANK GUARANTEE AS PER DOT DEMAND HAS BEEN SUBSTITUTED BY ORDERS OF TDSAT AND SUPREME COURT.CLARIFIES COMPLIANCE WITH THE TRADING GUIDELINES IS MET.CLARIFIES RELIANCE TELECOM MINORITY INVESTOR MATTER HAS ALSO BEEN ADJOURNED TO JAN 22, 2019.NCLAT ADJOURNED ERICSSON MATTER TO JAN 22 TO TAKE INTO CONSIDERATION OUTCOME OF MATTER.CO AWAITS GRANT OF NOC/CONSENT BY DOT REGARDING TRADING OF SPECTRUM IN 800 MHZ BAND.  Full Article

India Market Regulator Says Shall Not Initiate Any Enforcement Action Against RCom For Defaults
Friday, 9 Nov 2018 

Nov 9 (Reuters) - INDIA MARKET REGULATOR SEBI::PROCEEDINGS THAT COULD HAVE BEEN INITIATED FOR RELIANCE COMMUNICATIONS' DEFAULTS ARE SETTLED.SHALL NOT INITIATE ANY ENFORCEMENT ACTION AGAINST RCOM FOR DEFAULTS.  Full Article

RCom Seeks Shareholders' Nod For Appointment Of Manikantan V. As Director And CFO
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Reliance Communications Ltd ::SEEKS SHAREHOLDERS' NOD FOR REVISION OF BORROWING LIMITS OF CO.SEEKS SHAREHOLDERS' NOD FOR APPOINTMENT OF MANIKANTAN V. AS A DIRECTOR AND CFO.SEEKS SHAREHOLDERS' NOD FOR PVT PLACEMENT OF NCDS/DEBT SECURITIES.  Full Article

Reliance Communications Is In Talks Over Sale Of Remaining Telecoms Assets- FT
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - :RELIANCE COMMUNICATIONS IS IN TALKS OVER SALE OF REMAINING TELECOMS ASSETS- FT.RELIANCE COMMUNICATIONS IS IN DISCUSSIONS WITH TPG, BLACKSTONE AND OTHER BIDDERS OVER THE SALE OF REMAINING TELECOMMUNICATIONS ASSETS- FT.  Full Article

India's RCom Q1 Consol Loss Narrows 3.42 Bln Rupees
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Reliance Communications Ltd ::JUNE QUARTER CONSOL NET LOSS 3.42 BILLION RUPEES VERSUS LOSS OF 12.21 BILLION RUPEES LAST YEAR.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 10.06 BILLION RUPEES VERSUS 13.67 BILLION RUPEES LAST YEAR.CONFIDENT OF CLOSING ONGOING DEBT RESOLUTION IN Q2 2018-19, AS PLANNED.  Full Article

Reliance Communications Says Co To Not Pay Interest On NCDs Till Completion Of Restructuring Process
Monday, 4 Jun 2018 

June 4 (Reuters) - Reliance Communications Ltd ::TO NOT PAY OR FIX RECORD DATE FOR PAYMENT OF INTEREST ON NCDS TILL COMPLETION OF RESTRUCTURING PROCESS .  Full Article

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India's Reliance Industries sees telecom, retail driving growth

India's Reliance Industries, operator of the world's biggest refining complex, posted a record net profit on Thursday as strong growth in retail and telecom businesses offset the impact of 17-quarter low refining margins.