Edition:
United Kingdom

Reliance Communications Ltd (RLCM.NS)

RLCM.NS on National Stock Exchange of India

15.40INR
10:28am GMT
Change (% chg)

Rs-0.25 (-1.60%)
Prev Close
Rs15.65
Open
Rs15.65
Day's High
Rs16.05
Day's Low
Rs14.90
Volume
86,873,709
Avg. Vol
91,950,924
52-wk High
Rs40.15
52-wk Low
Rs9.60

Latest Key Developments (Source: Significant Developments)

Reliance Communications' Unit Issues Corporate Guarantee Of 14 Bln Rupees To Telecom Dept
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Reliance Communications Ltd ::UNIT RELIANCE REALTY ISSUES CORPORATE GUARANTEE OF 14 BILLION RUPEES TO DOT AS PER TOP COURT ORDER.SAYS PROCEEDS TO BE USED TO CLEAR THE DUES OF ERICSSON AND RITL MINORITY INVESTORS.  Full Article

Reliance Comm Says SC Orders Telecom Dept To Approve Spectrum Trading Within 7 Days
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Reliance Communications Ltd ::RELIANCE COMMUNICATIONS - SUPREME COURT ORDERS TELECOM DEPARTMENT TO APPROVE RELIANCE COMMUNICATIONS’ SPECTRUM TRADING WITHIN 7 DAYS.RELIANCE COMMUNICATIONS - RELIANCE REALTY LIMITED, UNIT OF RELIANCE COMMUNICATIONS, TO ISSUE CORPORATE GUARANTEE OF 14 BILLION RUPEES.  Full Article

India's RCom Says SC Allowed Co To Pay Dues To Ericsson On Or Before Dec 15
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Reliance Communications Ltd ::SAYS SUPREME COURT ALLOWED CO TO PAY DUES TO ERICSSON ON OR BEFORE DECEMBER 15, 2018.  Full Article

Reliance Communications Says Granted Relief By Telecom Disputes Settlement & Appellate Tribunal
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Reliance Communications Ltd ::SAYS RELIANCE COMMUNICATIONS GRANTED RELIEF BY TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL.SAYS SPECTRUM TRADING TO BE COMPLETED WITHOUT BANK GUARANTEE OF 29 BILLION RUPEES DEMANDED BY DOT.SAYS RCOM TO RECEIVE 9.75 BILLION RUPEES FROM SALE OF SPECTRUM.TO PAY ERICSSON 5.50 BILLION RUPESS & RITL MINORITY INVESTORS 2.30 BILLION RUPEES FROM SPECTRUM TRADING PROCEEDS.  Full Article

Reliance Communications Says One97 Communications Filed Petition Against Co, Units
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Reliance Communications Ltd ::ONE97 COMMUNICATIONS HAS FILED PETITION AGAINST CO, RELIANCE TELECOM AND RELIANCE WEBSTORE, UNITS OF CO.SAYS MATTER AGAINST RELIANCE TELECOM LIMITED IS LISTED FOR HEARING ON 26TH OCTOBER, 2018 AT NCLT.PETITION FOR CERTAIN BILLS SUBMITTED FOR SERVICES ALLEGEDLY RENDERED FOR 202.5 MILLION RUPEES.  Full Article

Reliance Communications Says 2 Strategic Buyers Have Shown Interest To Buy Stake In Co - ET NOW
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - :RELIANCE COMMUNICATIONS SAYS 2 STRATEGIC BUYERS HAVE SHOWN INTEREST TO BUY STAKE IN CO - ET NOW.  Full Article

Reliance Communications Says Co Undertaking Initiatives To Enhance Network Infrastructure
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Reliance Communications Ltd ::CURRENTLY UNDERTAKING SERIES OF INITIATIVES TO ENHANCE NETWORK INFRASTRUCTURE, PROCESSES.  Full Article

RCom Completes Sale Of Fibre Assets Worth 30 Bln Rupees To Reliance Jio
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Reliance Communications Ltd ::SAYS COMPLETES SALE OF FIBRE ASSETS WORTH 30 BILLION RUPEES, TO RELIANCE JIO INFOCOMM.WITH COMPLETION OF FIBRE MONETIZATION TRANSACTION, 178,000 KMS FIBRE STAND TRANSFERRED TO RJIO.  Full Article

Ericsson Objects To Settlement Terms For Reliance Communications Insolvency Case - CNBC-TV18
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - :ERICSSON OBJECTS TO SETTLEMENT TERMS FOR RELIANCE COMMUNICATIONS INSOLVENCY CASE - CNBC-TV18.  Full Article

Reliance Industries Exec Says Doesn't See GRM Impacted Going Forward
Friday, 27 Jul 2018 

July 27 (Reuters) - Reliance Industries Ltd's Joint CFO V Srikanth, Reliance Jio's Head of Strategy, Anshuman Thakur::EXEC SAYS IRAN IS VERY SMALL PORTION FOR US; FROM NOVEMBER, WE WILL BE COMPLIANT TO THE SANCTIONS ON IRAN.EXEC SAYS LOTS OF GRADES OF CRUDE THAT CAN BE TAKEN FROM IRAQ AND SAUDI ARABIA.EXEC DEMAND FOR OIL WILL STAY FIRM IN THIS QUARTER ALSO.EXEC SAYS DO NOT SEE GRM TO BE IMPACTED GOING FORWARD.EXEC SAYS PETCHEM HAS RAMPED UP FULLY AND THERE WILL BE NO FURTHER VOLUME INCREASE.EXEC SAYS CONSUMER BUSINESS CONTRIBUTION FROM HERE WILL KEEP GOING UP.EXEC SAYS NO PAYMENT HAS BEEN MADE FOR RCOM SO FAR.EXEC SAYS THROUGH RELIANCE RETAIL, CO WILL NOW EXPAND INTO SMALLER CITIES.  Full Article

India's RCom clocks Q2 profit surge due to one-time gain

NEW DELHI, Nov 3 India's Reliance Communications Ltd posted a sharp rise in its quarterly profit on Saturday, as it recorded a one-time gain.